13051 Caminito Del Rocio
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13051 Caminito Del Rocio

C

Del Mar, CA 92014

$1,850,000
NEW — 7d

Soft Appraisal Value: $1,762,500 · 5.0% above estimate

Beds

2

Baths

2.5

Sqft

1,426

Year Built

1975

Days on Market

7

Property Type

Townhouse

HOA/mo

$777

MLS ID

NDP2605782

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

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About This Property

Perched above the Del Mar coastline, this beautifully renovated 2-bedroom, 2.5-bath townhome is part of the landmark Sea Point community, offering 1,426 square feet of light-filled living with panoramic white water ocean views stretching across the Pacific and the iconic Torrey Pines Reserve. Spectacular sunsets and coastal vistas are visible from the kitchen, dining area, and living room, creating an ideal backdrop for everyday living and entertaining. The view-optimized floor plan places the main living, kitchen, and dining areas on the upper level, with two generously sized bedrooms on the lower level. Sliding doors in each room connect the interior to the outdoors, inviting natural light and seamless indoor-outdoor living, including a private patio off each bedroom, an ocean view balcony off the living room, and an enclosed patio behind the kitchen. The attached two-car garage includes laundry, EV charging, storage and direct access to the kitchen, making everyday tasks effortless. The home has been extensively upgraded throughout, highlighted by a stunning kitchen renovation featuring Thermador appliances, gas cooking, and sleek concrete countertops. Abundant storage solutions are found throughout the home, and an unfinished crawlspace offers exciting potential for an additional bonus room, ideal for a home office, gym, or extra living space. Sea Point residents enjoy resort-style amenities including two swimming pools and spas, two tennis courts, a clubhouse, and a private pet-friendly four-acre park with a playground, sand volleyball court, and a one-third-mile walking path through lush landscaping. Located moments from Torrey Pines State Beach, hiking trails, and the shops and restaurants of Del Mar, the community also allows weekly rentals, a distinctive feature among Del Mar's coastal properties. Sea Point Townhomes is in the early planning stages of a full community re-siding project, replacing the community's original wood shingle siding with modern, non-combustible materials. This proactive investment is expected to significantly improve insurance availability and affordability, enhance the community's overall aesthetic, and increase market values both community-wide and for individual residences. An exceptional coastal lifestyle, backed by a community with a clear eye toward its long-term future. Note: One garage photo has personal items virtually removed.

Mortgage Calculator

Est. Monthly Payment

$12,521

Principal & Interest$9,355
Property Tax$1,850
Insurance$540
HOA$777
%($370,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,733
Monthly Cashflow

Rent − PITIA

$-6,789
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,649

Mortgage (P+I)
$9,355
Cap Rate
-0.19%
Cash-on-Cash
-31.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.46
Break-even Rent
$18,264

NOI (Annual)
$-3,531
Price-to-Rent

Lower = better for investors

26.9

* 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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