9755 Mesa Springs Way

9755 Mesa Springs Way

D

San Diego, CA 92126

$540,000

Beds

2

Baths

2

Sqft

1,041

Year Built

1985

Days on Market

62

Property Type

Condo

HOA/mo

$549

MLS ID

PTP2509348

Description

Welcome to this fully remodeled top floor condo in the heart of Mira Mesa, offering a turn key opportunity in one of San Diego’s most central and convenient locations with easy access to major employment hubs, shopping, dining, and outdoor recreation. This 2 bedroom, 2 bathroom home in the highly desirable Creekside community blends modern upgrades with a functional layout and comfortable everyday living. Step inside to a bright open interior featuring brand new flooring, fresh interior paint, quartz countertops, updated appliances, and central AC for year round comfort. The spacious living room includes a cozy fireplace and opens to a private patio, creating a natural extension of your living space. The primary suite features an updated bathroom and generous closet space, while the second bedroom offers flexibility for guests, a home office, or additional living space. Additional highlights include in unit laundry and a private two car tandem garage, a rare feature for this price point in San Diego. Location and lifestyle: Located in the center of Mira Mesa with convenient access to everything: • Walk to Starbucks, restaurants, and everyday shopping • Minutes to I 15 freeway for an easy commute • Close to Scripps Ranch, Miramar, and the UTC tech corridor • Near Marine Corps Air Station Miramar and major San Diego employers • Nearby parks, walking trails, and local schools The Creekside community offers lush landscaping, tranquil koi ponds, walking paths, a pool, and a relaxing jacuzzi, creating a peaceful resort style setting. VA approved complex with strong rental demand in the 92126 area. If you have been searching for a turn-key Mira Mesa condo that is top floor, fully remodeled, centrally located, and walkable to coffee, shopping, and daily essentials, this is the one.

Mortgage Calculator

Est. Monthly Payment

$3,977

Principal & Interest$2,731
Property Tax$540
Insurance$157
HOA$549
%($108,000)
%

Investment Score

8D
Est. Monthly Rent

Market Rent Estimate

$2,910
Monthly Cashflow

Rent − PITI − HOA

$-1,067
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,186

Mortgage (P+I)
$2,731
Cap Rate
1.21%
Cash-on-Cash
-11.85%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.07
Break-even Rent
$3,977

NOI (Annual)
$6,536
Price-to-Rent

Lower = better for investors

15.5

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

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