123 Jasper Street
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123 Jasper Street #33

A

Encinitas, CA 92024

$685,000

Soft Appraisal Value: $671,300 · 2.0% above estimate

Beds

2

Baths

2

Sqft

950

Year Built

2016

Days on Market

9

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2605908

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

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About This Property

Discover your own slice of coastal paradise! This rare beach cottage offers the perfect blend of charm, comfort, and an unbeatable location just steps from the sand. Featuring 2 bedrooms and 2 full baths, the home includes a convenient downstairs primary suite with a private bath, plus a spacious upstairs loft with its own full bath and an expansive sun-drenched deck—perfect for entertaining, enjoying your morning coffee, or unwinding in the refreshing ocean breeze. Filled with natural light, this inviting home is thoughtfully upgraded with in-unit laundry, stainless steel appliances, energy-efficient LED lighting, and a one-car garage. Nestled in one of North County Coastal San Diego's most sought-after beach communities, you'll enjoy an exceptional walkable lifestyle with easy access to popular restaurants, cafés, wineries, breweries, surf shops, boutique shopping, and some of Southern California's most beautiful beaches. Whether you're searching for a full-time residence, a vacation getaway, or an outstanding investment property, this home offers incredible flexibility. Rentals are permitted, and with no traditional property taxes, no HOA fees, and a monthly space rent of just $2,240, this is an exceptional opportunity to own an affordable beach home in one of San Diego's most desirable coastal communities. Experience the laid-back Southern California lifestyle you've been dreaming of—where every day feels like a vacation.

Mortgage Calculator

Est. Monthly Payment

$4,349

Principal & Interest$3,464
Property Tax$685
Insurance$200
%($137,000)
%

Location

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Investment Score

50B
Est. Monthly Rent
$3,409
Monthly Cashflow

Rent − PITIA

$-940
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,295

Mortgage (P+I)
$3,464
Cap Rate
2.05%
Cash-on-Cash
-20.10%
DSCR

Need ≥ 1.25 for DSCR loan

0.78
Break-even Rent
$6,389

NOI (Annual)
$14,029
Price-to-Rent

Lower = better for investors

16.7

* 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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