12237 Carmel Vista Road

12237 Carmel Vista Road

D

Carmel Valley, CA 92130

$645,000

Soft Appraisal Value: $646,700 · 0.3% below estimate

Beds

1

Baths

1

Sqft

791

Year Built

1985

Days on Market

83

Property Type

Condo

HOA/mo

$599

MLS ID

PTP2509269

Description

Pickleball enthusiasts will love this beautifully appointed first floor residence with tranquil lake views in the heart of Carmel Valley. This light and inviting home features stainless steel appliances, dedicated storage, a full size washer and dryer, and a state of the art mini split AC system for effortless comfort year round. Enjoy peaceful mornings or sunset evenings from your private balcony overlooking the water. The resort inspired community offers five scenic lakes with connecting streams, pickleball and tennis courts, a sparkling pool, and a relaxing spa. Ideally located just minutes from the upscale shopping and dining of Del Mar Highlands Town Center and One Paseo, as well as the beaches of Del Mar and the renowned trails of Torrey Pines State Reserve. This is an exceptional opportunity to enjoy the best of Carmel Valley living.

Mortgage Calculator

Est. Monthly Payment

$4,694

Principal & Interest$3,261
Property Tax$645
Insurance$188
HOA$599
%($129,000)
%

Investment Score

2D
Est. Monthly Rent
$2,785
Monthly Cashflow

Rent − PITI − HOA

$-1,908
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,087

Mortgage (P+I)
$3,261
Cap Rate
0.33%
Cash-on-Cash
-17.75%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$4,693

NOI (Annual)
$2,099
Price-to-Rent

Lower = better for investors

19.3

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

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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