123 Jasper Street
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123 Jasper Street #35

B

Encinitas, CA 92024

$649,000
NEW — 2d

Soft Appraisal Value: $624,300 · 4.0% above estimate

Beds

2

Baths

1

Sqft

700

Year Built

1990

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2601004

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Live just steps from the sand in this beautiful fully remodeled, never been lived-in Leucadia beach home. Nestled among multi-million dollar properties and only 500 feet from iconic Beacons Beach, this light-filled coastal retreat offers 2 bedrooms plus a loft and a spacious, updated bathroom...the perfect blend of comfort and beachside luxury. The open-concept living room and kitchen feature tall ceilings, abundant natural light, stunning wood accents, new countertops, and all-new appliances; ideal for both relaxing and entertaining. Recent upgrades include a new roof, new heating & air conditioning, washer/dryer, remodeled bathroom, outdoor shower, and generous storage throughout. Enjoy the ultimate walkable lifestyle in the heart of Leucadia! Stroll to coffee shops, surf shops, restaurants, wine bars, and local breweries just minutes from your door. With no property tax or HOA fees, this home is an incredible opportunity as a primary residence, vacation getaway, or investment property. Rentals allowed. Space rent is $2,240/month.

Mortgage Calculator

Est. Monthly Payment

$4,120

Principal & Interest$3,282
Property Tax$649
Insurance$189
%($129,800)
%

Location

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Investment Score

46B
Est. Monthly Rent
$3,004
Monthly Cashflow

Rent − PITIA

$-1,116
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,347

Mortgage (P+I)
$3,282
Cap Rate
1.73%
Cash-on-Cash
-21.70%
DSCR

Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$6,053

NOI (Annual)
$11,211
Price-to-Rent

Lower = better for investors

18.0

* 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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