12237 Carmel Vista Road

12237 Carmel Vista Road

D

San Diego, CA 92130

$655,000

Beds

1

Baths

1

Sqft

791

Year Built

1985

Days on Market

58

Property Type

Condo

HOA/mo

$565

MLS ID

PTP2509269

Description

Pickleball enthusiasts, this is for you! A beautifully upgraded one-bedroom first floor condo in prime location offering a calming lake view in the heart of Carmel Valley. This spacious unit brings value as it has been updated with modern amenities such as pickleball courts, stainless steel appliances, storage, and has the convenience of a full-size washer and dryer in the unit, making laundry a breeze. A state-of-the-art AC mini-split system ensures comfort year-round, no matter the season. Step outside and take in the serene lake view from your private balcony, or take a stroll along the community's 5 lakes and connecting streams, head down to the community amenities, including a sparkling pool, relaxing spa, and well-maintained tennis courts ideal for staying active or unwinding after a busy day. This exceptional location places you just moments away from Del Mar's upscale shopping at Del Mar Highlands Town Center and One Paseo. Easy access to freeways. A convenient walking path leads you directly to nearby shopping and dining, so you can enjoy everything the area has to offer without straying far from home. Additionally, this property is located near the world-renowned hiking at Torrey Pines State Reserve and beaches. With its prime location, upgraded features, and a host of resort-style amenities, this highly desired condo is the perfect place to call home. This is a great opportunity to experience all that Del Mar/Carmel Valley has to offer!

Mortgage Calculator

Est. Monthly Payment

$4,723

Principal & Interest$3,312
Property Tax$655
Insurance$191
HOA$565
%($131,000)
%

Investment Score

1D
Est. Monthly Rent

Zillow Rent Zestimate

$2,785
Monthly Cashflow
$-3,124

Mortgage (P+I)
$3,312
Cap Rate
0.34%
Cash-on-Cash
-28.62%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.84
Break-even Rent
$5,687

NOI (Annual)
$2,251
Price-to-Rent

Lower = better for investors

19.6

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

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