8536 Aspect Drive

8536 Aspect Drive

Dbottom 20%

San Diego, CA 92108

$1,325,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

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

No unit in this 66-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: -$7,780/mo full cashflow at 20% down, 7.36% rate.

Works at $306,857 (77% under asking); even all cash loses money at asking.

Rent $3,955/mo from 13 leases of 1–3 bed condos & townhomes within 0.5 mi ($4,875–$5,284).

Beds

2

Baths

2

Sqft

1,656

Year Built

2019

Days on Market

0

Property Type

Condo

HOA/mo

$700

MLS ID

260026990SD

This property is in San Diego (92108). View neighborhood stats →

About This Property

Elevated Living in the Heart of Civita! Discover this exceptional top-floor residence in Lucent II, where soaring cathedral ceilings, dramatic walls of windows, & abundant natural light create an impressive sense of space. Thoughtfully positioned with generous separation from neighboring buildings, adds privacy, an outlook toward a quiet street, & a setting removed from the activity of Civita Park. Designed for comfort and entertaining, this beautifully appointed home features 2 bedrooms, 2 bathrooms, a separate family room/den, formal dining area, & an upstairs loft. The modern kitchen offers sleek cabinetry, stone countertops, stainless steel appliances, and an open layout that flows into the main living areas. Enjoy two private outdoor patios, including a smaller patio off the downstairs family room & an expansive upper-level terrace with a gas fireplace, perfect for entertaining or relaxing under the stars. The home's thoughtful orientation provides a sense of openness while maintaining privacy from pedestrian activity. Additional highlights include a dedicated laundry room, rear entry, and attached 2-car garage. Experience the exceptional lifestyle of Civita, featuring resort-style amenities including a 10,000-square-foot recreation center, lagoon & lap pools, spas, cabanas, fitness center, and gathering spaces. Just moments away, the beautiful 14-acre Civita Park offers walking trails, recreation, community events, & a weekly farmers market. Ideally located near shopping, dining, beaches, and downtown San Diego, offering modern design & resort style living.

Mortgage Calculator

Est. Monthly Payment

$9,722

Principal & Interest$7,310
Property Tax$1,325
Insurance$386
HOA$700
%($265,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Nipaquay Elementary · grades K-5 · San Diego Unified

  • Middle

    Taft 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

0D
Est. Monthly Rent
$3,955

13 leases of 1–3 bed condos & townhomes within 0.5 mi · $4,875–$5,284

Blended 50/50 with the zip's market median ($2,921)

Monthly Cashflow

Rent − PITIA

-$5,766
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,780

What would make this work?

$7,780/mo short at 20% down; +$10,104/mo rent closes it.

Break-even price

77% under asking

$306,857
Break-even rent

$10,104/mo above the estimate

$14,059/mo
Cashflow at 35% down
−$6,409/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$7,310
Cap Rate
-0.25%
Cash-on-Cash
-35.23%
DSCR

Need ≥ 1.25 for DSCR loan

0.41

NOI (Annual)
-$3,265
Price-to-Rent

Lower = better for investors

27.9

* 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
DCashflow−$7,780/mo