13416 Landfair Rd
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13416 Landfair Rd

D

Carmel Valley, CA 92130

$1,800,000
NEW — 0d

Beds

3

Baths

2.5

Sqft

2,128

Year Built

1985

Days on Market

0

Property Type

Single Family

HOA/mo

$56

MLS ID

260010053SD

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

About This Property

Prime Del Mar Heights Opportunity! Tucked away in the family-friendly, desirable community of Alta Mar in Del Mar Highlands, this rare offering is on the market for the very first time. A true cosmetic fixer with incredible upside, this property presents strong bones, a functional layout, an ideal canvas for investors, contractors, or buyers with vision looking to create their dream home and unlock significant value. The property offers new roof, new furnace and new deck. Renovated homes in this neighborhood command premium prices, making this an exceptional investment opportunity. The home is minutes away from One Paseo, the Torrey Pines High School and Del Mar Highlands Towne Center, offering an array of shopping, dining, and entertainment. Enjoy easy access to Gonzales Canyon Open Space, freeways and just minutes to the beaches of Del Mar and Torrey Pines.

Mortgage Calculator

Est. Monthly Payment

$11,483

Principal & Interest$9,102
Property Tax$1,800
Insurance$525
HOA$56
%($360,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$6,034
Monthly Cashflow

Rent − PITIA

$-5,449
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,337

Mortgage (P+I)
$9,102
Cap Rate
0.51%
Cash-on-Cash
-27.79%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$16,861

NOI (Annual)
$9,182
Price-to-Rent

Lower = better for investors

24.9

* 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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