12927 Via Grimaldi
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12927 Via Grimaldi

D

Del Mar, CA 92014

$4,875,000

Soft Appraisal Value: $4,635,000 · 5.2% above estimate

Beds

4

Baths

4.5

Sqft

4,090

Year Built

2003

Days on Market

75

Property Type

Single Family

HOA/mo

N/A

MLS ID

260003268SD

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

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About This Property

NEWLY PRICED!! Del Mar Terrace. Elevated. Private. Rare. A custom hillside Mediterranean villa with commanding Pacific views, elevator access, four bedroom suites, steel-and-glass architecture, wellness amenities, and resort-style living, including three fireplaces, private gym, wine cellar and ocean view spa—minutes from the village and the sea. Designed for privacy, wellness, and elevated coastal living. Tucked into the hills of Del Mar Terrace with views of the Pacific Ocean and the Torrey Pines Reserve is this masterfully built, modern Italian villa. Custom designed and constructed with extraordinary materials and workmanship, this home offers privacy and exudes quality. Complete with 4 bedroom suites, each with outdoor access, a sound proof gym, wine cellar, elevator, 3 fireplaces, outdoor spa with ocean view, cook’s kitchen, walk-in pantry, primary retreat with 2 walk-in closets, and 3 car garage. Located minutes to the beaches and California surfing, the Village of Del Mar, hiking and golf at world class Torrey Pines, the Del Mar Race Track, shopping and dining, just 30 minutes to public and private airports, 3 universities and downtown San Diego. The best known secret in Del Mar is the neighborhood of Del Mar Terrace with its viby, eclectic charm offering exclusivity, luxury and privacy, a blend of cutting edge design, panoramic views and a lifestyle and community that values privacy and quiet, but remains close to nightlife, fine dining, entertainment and outdoor endeavors. Nothing compares.

Mortgage Calculator

Est. Monthly Payment

$30,948

Principal & Interest$24,651
Property Tax$4,875
Insurance$1,422
%($975,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,620
Monthly Cashflow

Rent − PITIA

$-22,328
Full Cashflow

Incl. vacancy, PM, maint, capex

$-28,373

Mortgage (P+I)
$24,651
Cap Rate
-0.92%
Cash-on-Cash
-34.92%
DSCR

Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$45,468

NOI (Annual)
$-44,665
Price-to-Rent

Lower = better for investors

47.1

* 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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