7150 Shoreline Dr #3101
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7150 Shoreline Dr #3101

Btop 30%

San Diego, CA 92122

$474,900
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

13 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 13, 2026.

1 short-term rental license on file in this 46-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).

Pass at asking: -$2,087/mo full cashflow at 20% down, 7.36% rate.

Works at $201,868 (57% under asking), or at 84% down.

Rent $2,592/mo from 12 leases of studio–2 bed condos & townhomes within 1 mi ($2,477–$2,714).

Beds

1

Baths

1

Sqft

597

Year Built

1988

Days on Market

45

Property Type

Condo

HOA/mo

$453

MLS ID

260023654SD

This property is in San Diego (92122). View neighborhood stats →

Virtual Tour

About This Property

Seller may pay for BUYDOWN rate with right offer! Welcome to easy living in the heart of UTC! This freshly painted, ground-floor home offers true single-level living with no stairs or elevator needed, all within the desirable gated Lucera community. Bright and inviting, the home features durable laminate flooring in the main living area, a cozy fireplace, and central AC for year-round comfort. The well-appointed kitchen includes granite countertops, all stainless steel appliances: an electric range/oven, microwave, dishwasher and refrigerator. The bedroom features brand-new carpeting and a generous walk-in closet. Professionally cleaned. Freshly painted doors. Laundry closet for washer/dryer. Step outside to your private, fenced patio with dedicated storage and enjoy your morning coffee overlooking peaceful green space and surrounding nature. One reserved space in a shared two-car garage is conveniently located just few steps from the front door. Lucera offers resort-style amenities, including two swimming pools, two spas, two tennis courts, a pickleball court, basketball court, fully equipped fitness center, clubhouse, BBQ areas, and ample guest parking. Water, sewer, trash included in HOA fees. The location is hard to beat—directly across from Nobel Athletic Fields and the library, with convenient access to the UTC Mall, restaurants, fitness centers, medical facilities, the Trolley, and UCSD. Easy access to I-805, SR-52, I-5, and SR-163 makes getting around San Diego simple. Enjoy comfort, convenience, and resort-style living in one of UTC’s most connected locations.

Mortgage Calculator

Est. Monthly Payment

$3,687

Principal & Interest$2,620
Property Tax$475
Insurance$139
HOA$453
%($94,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Curie Elementary · grades K-5 · San Diego Unified

  • Middle

    Standley Middle · grades 6-8 · San Diego Unified

  • High

    University City High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

46B
Est. Monthly Rent
$2,592

12 leases of studio–2 bed condos & townhomes within 1 mi · $2,477–$2,714

Blended 50/50 with the zip's market median ($2,569)

Monthly Cashflow

Rent − PITIA

-$1,095
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,087

What would make this work?

$2,087/mo short at 20% down; 84% down or +$2,710/mo rent closes it.

Break-even price

57% under asking

$201,868
Break-even rent

$2,710/mo above the estimate

$5,302/mo
Cashflow at 35% down
−$1,596/mo
Down payment to break even

$398,916 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,620
Cap Rate
1.67%
Cash-on-Cash
-26.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$7,953
Price-to-Rent

Lower = better for investors

15.3

* Modelled at 20% down, 7.36% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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BCashflow−$2,087/mo