7480 Baltic
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7480 Baltic

Btop 30%

San Diego, CA 92111

$849,000
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.

16 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 13, 2026.

Pass at asking: -$3,322/mo full cashflow at 20% down, 7.36% rate.

Works at $414,392 (51% under asking), or at 77% down.

Rent $4,113/mo from 22 leases of 3-bed houses within 2 mi ($3,575–$4,080).

Beds

3

Baths

1

Sqft

1,000

Year Built

1954

Days on Market

56

Property Type

Single Family

HOA/mo

N/A

MLS ID

260022858SD

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

Virtual Tour

About This Property

Honey stop the car! We found our first home in Clairemont for under 850k! Situated on a large corner lot in the best part of Clairemont, this well loved and cared for home is ready for you. Newly and tastefully renovated with luxury vinyl plank, a new kitchen, new appliances, a renovated bathroom, dual pane windows and a fully enclosed backyard offers plenty of space for everyone to enjoy this home and expand! Whether you want to add an ADU to the backyard, above the garage, or convert the garage, this home has endless possibilities. Surrounded by stucco and spanish tile, the features will keep you cool in the summer, warm in the winter and happy in between. Come see this home and get it before its gone!

Mortgage Calculator

Est. Monthly Payment

$5,781

Principal & Interest$4,684
Property Tax$849
Insurance$248
%($169,800)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ross Elementary · grades K-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

40B
Est. Monthly Rent
$4,113

22 leases of 3-bed houses within 2 mi · $3,575–$4,080

Blended 50/50 with the zip's market median ($4,351)

Monthly Cashflow

Rent − PITIA

-$1,668
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,322

What would make this work?

$3,322/mo short at 20% down; 77% down or +$4,314/mo rent closes it.

Break-even price

51% under asking

$414,392
Break-even rent

$4,314/mo above the estimate

$8,427/mo
Cashflow at 35% down
−$2,443/mo
Down payment to break even

$653,730 cash

77%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,684
Cap Rate
2.22%
Cash-on-Cash
-23.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.71

NOI (Annual)
$18,818
Price-to-Rent

Lower = better for investors

17.2

* 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.

Open Full Calculator
BCashflow−$3,322/mo