9230 Lake Murray Boulevard #G
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9230 Lake Murray Boulevard #G

Btop 30%

San Diego, CA 92119

$739,900
STR: check · no permits in this complex · TOT 12.75%

1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 26-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: -$3,113/mo full cashflow at 20% down, 7.36% rate.

Works at $332,579 (55% under asking), or at 82% down.

Rent $4,132/mo from 8 leases of condos & townhomes within 2 mi, size-adjusted ($3,714–$4,139).

Beds

3

Baths

2.5

Sqft

1,745

Year Built

1986

Days on Market

50

Property Type

Townhouse

HOA/mo

$640

MLS ID

PTP2607187

This property is in San Diego (92119). Browse neighborhood analytics →

Virtual Tour

About This Property

Sellers giving credit towards HOA dues! Welcome to 9230 Lake Murray Blvd Unit G, a beautifully refreshed home in the sought-after Shadow Glen community of San Carlos. Offering 3 bedrooms, 2.5 bathrooms, and 1,745 square feet, this home pairs generous living space with thoughtful updates and an exceptional location near Lake Murray and Cowles Mountain. The kitchen makes an impression with warm butcher block countertops, a farmhouse sink, new tile backsplash, open shelving, and a newer range and vent hood. In the living area, a recently remodeled fireplace with a tiled surround and mantel creates an elegant focal point, while the updated patio deck offers a welcoming space to dine and entertain outdoors. Fresh paint, updated lighting and ceiling fans, a Google Nest thermostat with an additional temperature sensor, and a newer washer and dryer add comfort throughout. With Mission Trails, local dining, and everyday conveniences nearby, Unit G offers a beautiful way to enjoy San Carlos living.

Mortgage Calculator

Est. Monthly Payment

$5,678

Principal & Interest$4,082
Property Tax$740
Insurance$216
HOA$640
%($147,980)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Gage Elementary · grades K-5 · San Diego Unified

  • Middle

    Pershing Middle · grades 6-8 · San Diego Unified

  • High

    Henry High · grades 9-12 · San Diego Unified

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

38B
Est. Monthly Rent
$4,132

8 leases of condos & townhomes within 2 mi, size-adjusted · $3,714–$4,139

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,546
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,113

What would make this work?

$3,113/mo short at 20% down; 82% down or +$4,043/mo rent closes it.

Break-even price

55% under asking

$332,579
Break-even rent

$4,043/mo above the estimate

$8,175/mo
Cashflow at 35% down
−$2,348/mo
Down payment to break even

$606,718 cash

82%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,082
Cap Rate
1.91%
Cash-on-Cash
-25.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$14,109
Price-to-Rent

Lower = better for investors

14.9

* 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.

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BCashflow−$3,113/mo