12922 Carmel Creek Road
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12922 Carmel Creek Road #34

C

Carmel Valley, CA 92130

$949,000

Soft Appraisal Value: $937,400 · 1.2% above estimate

Beds

2

Baths

2.5

Sqft

1,180

Year Built

1989

Days on Market

112

Property Type

Townhouse

HOA/mo

$512

MLS ID

ML82039281

This property is in Carmel Valley (92130). View neighborhood stats →

About This Property

Recently refreshed Carmel Valley townhome with approximately $33,000 in home improvements. The interior features new paint throughout, refinished kitchen cabinetry, updated tile flooring in both bathrooms, and a fully updated guest bathroom. Additional upgrades include new vinyl flooring on the garage staircase, refinished stair and hallway railings, and enhanced lighting with new LED ceiling lights and dining pendant fixtures. The bright, open floor plan offers a cozy fireplace with updated quartz flooring in front, creating a warm focal point in the living area. Enjoy both a private front patio and a balcony, providing comfortable outdoor spaces for relaxing or entertaining. The home also features engineered wood flooring, quartz kitchen countertops, full-size washer and dryer, generous storage, and an attached two-car garage. The air conditioning system was replaced in 2022, offering improved comfort and efficiency. Ideally located near shopping, parks, and top-rated schools including Carmel Creek Elementary School, Carmel Valley Middle School, and Torrey Pines High School. Community amenities include a pool and spa. HOA dues include water, sewer, and trash, and there is No Mello-Roos.

Mortgage Calculator

Est. Monthly Payment

$6,536

Principal & Interest$4,799
Property Tax$949
Insurance$277
HOA$512
%($189,800)
%

Location

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Investment Score

13D
Est. Monthly Rent
$3,926
Monthly Cashflow

Rent − PITIA

$-2,611
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,304

Mortgage (P+I)
$4,799
Cap Rate
0.62%
Cash-on-Cash
-27.21%
DSCR

Need ≥ 1.25 for DSCR loan

0.60
Break-even Rent
$9,516

NOI (Annual)
$5,930
Price-to-Rent

Lower = better for investors

20.1

* 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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