128 11th Street
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128 11th Street

D

Del Mar, CA 92014

$11,400,000
NEW — 0d

Beds

4

Baths

3.5

Sqft

3,410

Year Built

1992

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604358

This property is in Del Mar (92014). View neighborhood stats →

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About This Property

Set on an exceptionally rare double lot in the heart of Old Del Mar, this private coastal compound captures the essence of elevated seaside living with sweeping whitewater ocean views and effortless indoor-outdoor flow. Just moments from the Village and the beach, the property offers a unique blend of space, privacy, and refined beach living. Behind secure gates, the residence unfolds into a serene retreat featuring a stunning landscape, expansive yard, and a detached guest casita that is ideal for hosting, extended stays, or creative use. Thoughtfully designed outdoor living spaces include a 100% premium Ipe wood deck, along with multiple lounging and dining areas that invite year-round enjoyment of the coastal climate. Inside, warm wood flooring complements a sun-drenched gourmet kitchen, seamlessly connecting to open-concept living areas designed for both relaxed living and stylish entertaining. The main-level primary bedroom suite serves as a tranquil sanctuary, complete with a spa-inspired bath and a private sitting area or office nook. Two additional bedrooms on the lower level offer comfortable accommodations, while the upper floor showcases an airy great room and kitchen framed by panoramic ocean vistas. Multiple balconies and sitting areas throughout the home provide uninterrupted views of the Pacific, enhancing the home’s connection to its stunning surroundings. With ample parking, including a two-car garage plus a carport, and unmatched proximity to Del Mar’s finest dining, shopping, and beaches, this is a truly extraordinary opportunity to own a coastal oasis in one of Southern California’s most desirable coastal communities.

Mortgage Calculator

Est. Monthly Payment

$72,370

Principal & Interest$57,645
Property Tax$11,400
Insurance$3,325
%($2,280,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$10,344
Monthly Cashflow

Rent − PITIA

$-62,026
Full Cashflow

Incl. vacancy, PM, maint, capex

$-73,905

Mortgage (P+I)
$57,645
Cap Rate
-1.71%
Cash-on-Cash
-38.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.14
Break-even Rent
$106,324

NOI (Annual)
$-195,121
Price-to-Rent

Lower = better for investors

91.8

* 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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