117 Guanajuato Ct

117 Guanajuato Ct

Ctop 80%

Solana Beach, CA 92075

$1,495,000
STR: check · HOA rules unknown · TOT 13%

HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.

Pass at asking: -$7,534/mo full cashflow at 20% down, 7.43% rate.

Works at $514,093 (66% under asking), or at 93% down.

Rent $6,063/mo from 9 leases of 1–3 bed condos & townhomes within 1 mi ($5,621–$6,667).

Beds

2

Baths

2

Sqft

1,573

Year Built

1972

Days on Market

—

Property Type

Condo

HOA/mo

$720

MLS ID

260026159SD

This property is in Solana Beach (92075). View neighborhood stats →

About This Property

This is it! Where else can you live a Coastal, single family, Resort lifestyle in a 1 level home with Ocean Breezes for $1,500,000? Designer remodel with the finest quality touches. Impeccable! Turnkey. Awash w Sunshine this 2 BR, 2 BA plus a versatile Den/Office/Possible 3rd BR is set in a quiet, private location. Low density, lushly landscaped 32 acre park. We are a Walker's Paradise. Exceptional Wood Floors, Pristine condition. Gas Stove, All aged heat, air, appliances and cabinets replaced. Fabulous bathrooms. It is a vacation everyday Location, Location, Location! Solana Beach's best kept secret. This is a great lifestyle! A coastal single level home with 2 car attached garage in a low density 156 home development. Boasts of 19 landscaped acres with soaring 50 year old pine trees on about a 32 acre site. Green mature landscape everywhere. No concrete jungle here!! Guest Parking bay. Single family living in a resort atmosphere. Each home is in a staggered footprint designed to give the utmost in privacy from your neighbors and gives the feel of a single family home. We are a Walker's Paradise along the Lomas Golf Course to Vons Center with Restaurants, Theater, Vet, Home Goods, Big 5, 24 hour Fitness, Cleaners, and Salons.

Mortgage Calculator

Est. Monthly Payment

$10,956

Principal & Interest$8,305
Property Tax$1,495
Insurance$436
HOA$720
%($299,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Solana Vista Elementary · grades K-3 · Solana Beach Elementary

  • Middle

    Earl Warren Middle · grades 7-8 · San Dieguito Union High

  • High

    Torrey Pines High · grades 9-12 · San Dieguito Union High

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

9C
Est. Monthly Rent
$6,063

9 leases of 1–3 bed condos & townhomes within 1 mi · $5,621–$6,667

Blended 50/50 with the zip's market median ($6,180)

Monthly Cashflow

Rent − PITIA

-$4,893
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,534

What would make this work?

$7,534/mo short at 20% down; 93% down or +$9,784/mo rent closes it.

Break-even price

66% under asking

$514,093
Break-even rent

$9,784/mo above the estimate

$15,847/mo
Cashflow at 35% down
−$5,976/mo
Down payment to break even

$1,390,350 cash

93%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,305
Cap Rate
0.86%
Cash-on-Cash
-30.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$12,898
Price-to-Rent

Lower = better for investors

20.5

* Modelled at 20% down, 7.43% 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−$7,534/mo