7263 Camino Degrazia #31
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7263 Camino Degrazia #31

Btop 30%

San Diego, CA 92111

$560,900
STR: check · no permits in this complex · TOT 12.75%

27 licensed short-term rentals within ½ mile (15 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 38-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$2,495/mo full cashflow at 20% down, 7.36% rate.

Works at $234,573 (58% under asking), or at 85% down.

Rent $3,112/mo from 10 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($2,944–$3,816).

Beds

2

Baths

2

Sqft

1,046

Year Built

1988

Days on Market

282

Property Type

Condo

HOA/mo

$604

MLS ID

NDP2601100

This property is in San Diego (92111). Browse neighborhood analytics →

Virtual Tour

About This Property

Recently updated with fresh paint, Luxury Vinyl flooring and new carpet in the split bedrooms. Living room separates the two bedrooms. Hallway bathroom has been updated with walk-in shower. Primary with ensuite bath and second with easy access to hallway bathroom. All new lighting and updating touches including a microwave over the stove. This is a bottom unit with 15 stairs to the lowest level. The living room looks out of the updated slider door to greenery, creating a peaceful setting. The updated windows and sliding glass door provide for a quiet hideaway. 2 car tandum garage. Centrally located near freeway access, shopping, and restaurants. Good location for military and college commutes. Trolly below at Fashion Valley.

Mortgage Calculator

Est. Monthly Payment

$4,423

Principal & Interest$3,095
Property Tax$561
Insurance$164
HOA$604
%($112,180)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Carson Elementary · grades PK-5 · San Diego Unified

  • Middle

    Montgomery Middle · grades 6-8 · San Diego Unified

  • High

    Kearny Digital Media & Design · grades 9-12 · San Diego Unified

    or Kearny School of Biomedical Science and Technology · grades 9-12 · San Diego Unified

    or Kearny College Connections · grades 9-12 · San Diego Unified

    or Kearny Eng Innov & Design · grades 9-12 · San Diego Unified

    Choice area: the district lets families here pick either school.

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

41B
Est. Monthly Rent
$3,112

10 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $2,944–$3,816

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,312
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,495

What would make this work?

$2,495/mo short at 20% down; 85% down or +$3,240/mo rent closes it.

Break-even price

58% under asking

$234,573
Break-even rent

$3,240/mo above the estimate

$6,352/mo
Cashflow at 35% down
−$1,914/mo
Down payment to break even

$476,765 cash

85%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,095
Cap Rate
1.62%
Cash-on-Cash
-26.69%
DSCR

Need ≥ 1.25 for DSCR loan

0.70

NOI (Annual)
$9,066
Price-to-Rent

Lower = better for investors

15.0

* 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−$2,495/mo