135 4th Street
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135 4th Street

D

Encinitas, CA 92024

$2,800,000

Soft Appraisal Value: $2,686,000 · 4.2% above estimate

Beds

2

Baths

1

Sqft

1,132

Year Built

1949

Days on Market

48

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602820

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Just 1.5 blocks from Moonlight Beach, this rare 1949 Encinitas 2-bedroom, 1-bath single-story beach bungalow presents exceptional reimagining opportunities. The property features a detached one-car garage with additional storage, conveniently accessed via the alley, along with an in-home laundry room. Set on a fully fenced lot, the home offers a spacious, flat, and usable yard. Perfectly situated in the heart of one of San Diego’s most sought-after beach neighborhoods, this location embodies the best of the Encinitas lifestyle. Enjoy easy access to local favorites—bike or stroll to craft coffee spots, days at the beach, Coastal Rail Trail excursions, and wind down with some of the area’s top coastal dining. End your evenings with a scoop from Cali Cream and unforgettable sunsets with your toes in the sand.

Mortgage Calculator

Est. Monthly Payment

$17,775

Principal & Interest$14,158
Property Tax$2,800
Insurance$817
%($560,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,213
Monthly Cashflow

Rent − PITIA

$-13,562
Full Cashflow

Incl. vacancy, PM, maint, capex

$-16,865

Mortgage (P+I)
$14,158
Cap Rate
-1.16%
Cash-on-Cash
-36.14%
DSCR

Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$26,115

NOI (Annual)
$-32,476
Price-to-Rent

Lower = better for investors

55.4

* 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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