7283 Camino Degrazia #20
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7283 Camino Degrazia #20

Ctop 80%

San Diego, CA 92111

$620,000
NEW — 1d
STR: check · no permits in this complex · TOT 12.75%

32 licensed short-term rentals within ½ mile (19 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 20-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: -$3,052/mo full cashflow at 20% down, 7.36% rate.

Works at $220,657 (64% under asking), or at 92% down.

Rent $2,975/mo from 9 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($2,925–$3,919).

Beds

2

Baths

2

Sqft

1,046

Year Built

1987

Days on Market

1

Property Type

Condo

HOA/mo

$604.8

MLS ID

260026905SD

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

About This Property

**Welcome to City Scene** This 2 bed / 2-bath home has been fully updated throughout. Step inside and you’ll notice the open, airy feel created by the vaulted ceilings. Fresh interior paint and new carpet , while new recessed can lighting throughout the home. The kitchen has been updated with newly painted cabinets and all-new appliances, making it a pleasure to cook and entertain. Both baths feature new vanities & new fixtures, delivering a polished, contemporary finish. Interior stackable washer and dryer are included. Extend your living space outdoors on the patio deck, a great spot for weekend barbecues, or simply relaxing at the end of the day. A full 2-car garage provides secure parking and additional space for storage.Perfectly situated in a central location, this home puts you close to shopping, dining, and everyday conveniences, with quick access to major freeways for an easy commute or weekend getaway. Welcome to this beautiful City Scene 2-bed, 2-bath home thoughtfully updated throughout, this property is ready for its next owner to unpack and enjoy. Step inside and you’ll notice the open, airy feel created by the vaulted ceilings, which add a sense of volume and light to the main living areas. Fresh interior paint and new carpet, while new recessed can lighting throughout the home provides a bright, welcoming glow day or night. The kitchen has been updated with newly painted cabinets and all-new appliances, making it a pleasure to cook and entertain. Both bathrooms feature new vanities and new fixtures, delivering a polished, contemporary finish. For everyday convenience, an interior stackable washer and dryer are included. Extend your living space outdoors on the wraparound patio deck, a great spot for morning coffee, evening gatherings, weekend barbecues, or simply relaxing at the end of the day. A full 2-car garage provides secure parking and additional space for storage, tools, or hobbies.? Perfectly situated in a central location, this home puts you close to shopping, dining, and everyday conveniences, with quick access to major freeways for an easy commute or weekend getaway. Whether you’re a first-time buyer, downsizer, or investor, this updated home offers a rare combination of style, convenience, and value. Schedule your private showing today before it’s gone!

Mortgage Calculator

Est. Monthly Payment

$4,826

Principal & Interest$3,421
Property Tax$620
Insurance$181
HOA$605
%($124,000)
%
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

29C
Est. Monthly Rent
$2,975

9 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $2,925–$3,919

Blended 50/50 with the zip's market median ($2,587)

Monthly Cashflow

Rent − PITIA

-$1,851
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,052

What would make this work?

$3,052/mo short at 20% down; 92% down or +$3,964/mo rent closes it.

Break-even price

64% under asking

$220,657
Break-even rent

$3,964/mo above the estimate

$6,939/mo
Cashflow at 35% down
−$2,411/mo
Down payment to break even

$570,400 cash

92%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,421
Cap Rate
1.00%
Cash-on-Cash
-29.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.62

NOI (Annual)
$6,204
Price-to-Rent

Lower = better for investors

17.4

* 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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CCashflow−$3,052/mo