
12610 Carmel Country Rd #43
Ctop 80%Carmel Valley, CA 92130
12 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 3, 2026.
No unit in this 44-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$4,766/mo full cashflow at 20% down, 7.49% rate.
Works at $306,036 (67% under asking), or at 94% down.
Rent $3,851/mo from 23 leases of 2-bed condos & townhomes within 0.5 mi ($3,469–$3,730).
Beds
2
Baths
2.5
Sqft
1,116
Year Built
1991
Days on Market
45
Property Type
Condo
HOA/mo
$605
MLS ID
NDP2608758
This property is in Carmel Valley (92130). View neighborhood stats →
About This Property
Welcome to this well-maintained and upgraded 2-bedroom, 2.5-bath condo in the highly sought after Elysian community. This well-lit two-story upper unit home offers a bright interior with a skylight and an open-concept layout. Newer luxury vinyl plank flooring downstairs and designer-style carpet upstairs. The living area opens to a serene patio perfect for relaxing, entertaining and barbecuing. As a bonus, this home has no units above or directly in front and overlooks the common area. The updated kitchen features stainless steel appliances, granite countertops, newer cabinets with pull-outs, ample counter space, and a large pantry. A convenient half bath is located on the main floor for guests. Upstairs, the primary suite has vaulted ceilings, dual closets, shower stall, and large windows with view of common area. The second bedroom includes a large, mirrored closet, en-suite bathroom, and French doors. Additional features include a two-car tandem garage, full-size laundry near the bedrooms, central heating and air conditioning, a cozy gas fireplace, and plenty of storage throughout. Enjoy resort-style amenities with two pools, a spa, and a fully equipped gym. Located in the heart of Carmel Valley, minutes from One Paseo, Del Mar Highlands, Sky Deck, Torrey Pines Beach, parks, and hiking trails. Award-winning schools close by, and easy freeway access. Along with amenities - water, trash, and sewer are also included in HOA fees and complex has just completed new roofs.
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Est. Monthly Payment
$6,962
Location
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Zoned Schools
Elementary
Carmel Creek Elementary · grades K-3 · Solana Beach Elementary
Middle
Carmel Valley Middle · grades 7-8 · San Dieguito Union High
High
Torrey Pines High · grades 9-12 · San Dieguito Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$3,851
Comp Average
$3,784
3830 Elijah
2bd / 2ba · 1,102 sqft · Condo
$799K
Est. $3,663/mo
12630 Carmel Country Rd
2bd / 2.5ba · 1,116 sqft · Condo
$915K
Est. $4,075/mo
4124 Via Candidiz
2bd / 2.5ba · 1,146 sqft · Condo
$1.02M
Est. $3,992/mo
3715 Caminito Carmel Landing
2bd / 2.5ba · 1,100 sqft · Condo
$949K
Est. $3,629/mo
4175 Via Candidiz
2bd / 2ba · 1,133 sqft · Condo
$935K
Est. $3,562/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
23 leases of 2-bed condos & townhomes within 0.5 mi · $3,469–$3,730
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$4,766/mo short at 20% down; 94% down or +$6,190/mo rent closes it.
- Break-even price
- $306,036
- Break-even rent
- $10,041/mo
- Cashflow at 35% down
- −$3,798/mo
- Down payment to break even
- 94%
- Rate to break even
- Not reachable
67% under asking
$6,190/mo above the estimate
$868,560 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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