918 Camino de la Reina 50

918 Camino de la Reina 50

Ctop 80%

San Diego, CA 92108

$705,000
NEW — 1d
STR: check · no permits in this complex · TOT 12.75%

3 licensed short-term rentals within ½ mile (1 whole home), from the cities' license and permit lists of Nov 14, 2026.

No unit in this 8-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: -$3,218/mo full cashflow at 20% down, 7.36% rate.

Works at $284,010 (60% under asking), or at 87% down.

Rent $3,319/mo from 1 lease in this building.

Beds

2

Baths

3

Sqft

1,249

Year Built

1997

Days on Market

1

Property Type

Condo

HOA/mo

$385

MLS ID

NDP2610275

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

About This Property

Welcome home to this light-filled corner townhome, tucked inside a quiet gated Mission Valley community. Built in 1997 and thoughtfully maintained, this tri-level residence offers the right balance of space, privacy, and low-maintenance living. As a corner unit, the home enjoys extra natural light throughout. The main level features durable luxury vinyl plank flooring that's as easy to care for as it is attractive. The spacious kitchen is the heart of the home, with a pantry for extra storage, recessed lighting, and tile finishes. The adjoining dining area, complete with a ceiling fan, is an inviting space for everyday meals or entertaining. Upstairs, the generously sized primary bedroom is a true retreat, with a walk-in closet offering plenty of room for your wardrobe and more. The bathrooms are finished for a clean, polished look. The attached tandem two-car garage provides secure parking. Beyond your front door, enjoy a heated spa and a pool, ideal for relaxing weekends and warm evenings. All of this comes with a low HOA fee, making this an exceptional value for first-time buyers, downsizers, or anyone seeking comfort and convenience in a secure setting. Schedule your private showing today.

Mortgage Calculator

Est. Monthly Payment

$5,185

Principal & Interest$3,890
Property Tax$705
Insurance$206
HOA$385
%($141,000)
%
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

32C
Est. Monthly Rent
$3,319

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$1,867
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,218

What would make this work?

$3,218/mo short at 20% down; 87% down or +$4,179/mo rent closes it.

Break-even price

60% under asking

$284,010
Break-even rent

$4,179/mo above the estimate

$7,498/mo
Cashflow at 35% down
−$2,488/mo
Down payment to break even

$613,350 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,890
Cap Rate
1.43%
Cash-on-Cash
-27.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$10,057
Price-to-Rent

Lower = better for investors

17.7

* 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−$3,218/mo