1245 Evergreen Drive Cardiff By The Sea
1 / 20

1245 Evergreen Drive Cardiff By The Sea

C

Cardiff-by-the-Sea, CA 92007

$899,000
NEW — 0d

Beds

2

Baths

1

Sqft

922

Year Built

1974

Days on Market

0

Property Type

Condo

HOA/mo

$446

MLS ID

NDP2606711

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

Virtual Tour

About This Property

1245 Evergreen Drive offers true single-level living with no one above you, an abundance of natural light, exceptional privacy, and west-facing skies. Beautifully renovated from top to bottom, this turnkey single level 2 Bed 1 Bath home offers an exceptional blend of modern coastal finishes, thoughtful upgrades, privacy, and an unbeatable lifestyle just minutes from some of North County's most iconic beaches and communities. Step inside to discover a light-filled, open-concept floor plan featuring LVP floors, recessed lighting, dual pane windows, plantation shutters, air conditioning, and a stunning contemporary fireplace that anchors the spacious living area. The remodeled kitchen showcases custom cabinetry, quartz countertops, designer tile backsplash, premium stainless steel appliances, and a spacious laundry area with additional storage above. Large sliding doors seamlessly connect the living space to a private, professionally landscaped patio complete with System Pavers, creating the perfect setting for morning coffee, outdoor dining, or relaxing after a day at the beach. The spacious primary bedroom offers generous closet space with 2 separate sliding mirrored doors and abundant natural light, while the beautifully remodeled bathroom features a custom vanity and sleek glass shower enclosure. Nearly $100,000 has been invested in high-quality renovations including a full copper re-pipe, commercial-grade water heater, Milgard fiberglass sliding door, new front entry + security door, interior doors, flooring, marble fireplace, system pavers, attic cleaning, plantation shutters, and more. Just minutes from Cardiff State Beach, Seaside Market, Encinitas, Solana Beach, and Del Mar, this is a rare opportunity to own a fully renovated single level beach house where every day feels like a vacation and the very best of coastal San Diego is right outside your door.

Mortgage Calculator

Est. Monthly Payment

$6,153

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$446
%($179,800)
%

Location

Loading map...

Comparable Properties

2 comps found

This Property

$4,045

vs

Comp Average

$4,391

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

22D
Est. Monthly Rent
$4,045
Monthly Cashflow

Rent − PITIA

$-2,108
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,787

Mortgage (P+I)
$4,546
Cap Rate
1.01%
Cash-on-Cash
-25.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$8,964

NOI (Annual)
$9,102
Price-to-Rent

Lower = better for investors

18.5

* 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.

Get Expert AnalysisOpen Full Calculator