8521 Summerdale Rd

8521 Summerdale Rd #248

B

San Diego, CA 92126

$461,000

Beds

1

Baths

1

Sqft

561

Year Built

1988

Days on Market

45

Property Type

Condo

HOA/mo

$320

MLS ID

260010810SD

This property is in San Diego (92126). View neighborhood stats →

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About This Property

Beautifully upgraded second-floor 1B/1Bath condo in the heart of Mira Mesa! This move-in-ready home features newer dual-pane windows, including the sliding glass door, A/C, vinyl plank flooring, recessed lighting, and smooth ceilings with popcorn removed. The kitchen offers newer cabinets, newer appliances, gas stove, refrigerator, in-unit stackable washer/dryer, and dishwasher. The bathroom has been completely remodeled with a modern standing shower, new cabinet, and updated finishes. Bedroom includes mirrored closet doors and closet organizer. All appliances are included. Unit located on second floor. Enjoy the community pool and a central Mira Mesa location close to Nearby outdoor options include Mira Mesa Community Park & Rec Center, Public Transportation, Mira Mesa Library, Los Peñasquitos Canyon Preserve, neighborhood walking areas. Mira Mesa is known for its diverse food scene, with many casual restaurants, cafés, boba shops, bakeries, Asian cuisine, and local favorites nearby. Live close to everything Mira Mesa has to offer — shopping, restaurants, parks, schools, coffee shops, grocery stores, and easy access to nearby employment centers in Sorrento Valley, Scripps Ranch, UTC, and the I-15/I-805 corridors. Whether you are buying your first home, downsizing, or investing, this condo offers the perfect blend of location, updates, and low-maintenance living in one of San Diego’s most convenient communities.

Mortgage Calculator

Est. Monthly Payment

$3,247

Principal & Interest$2,331
Property Tax$461
Insurance$134
HOA$320
%($92,200)
%

Location

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Investment Score

33C
Est. Monthly Rent
$1,917
Monthly Cashflow

Rent − PITIA

$-1,329
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,154

Mortgage (P+I)
$2,331
Cap Rate
0.46%
Cash-on-Cash
-28.04%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$4,715

NOI (Annual)
$2,123
Price-to-Rent

Lower = better for investors

20.0

* Defaults: 20% down, 6.5% rate, 30yr.

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

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