135 S Sierra Ave

135 S Sierra Ave

D

Solana Beach, CA 92075

$2,395,000
NEW — 1d on market

Beds

2

Baths

2

Sqft

1,852

Year Built

1980

Days on Market

1

Property Type

Condo

HOA/mo

$1,045

MLS ID

260004180SD

Description

Welcome to Las Brisas. A rare, ground-level ocean view residence offering effortless single-level living with no interior or exterior steps. Perfectly positioned overlooking iconic Fletcher Cove, this exceptionally spacious two-bedroom, two-bath home spans approximately 1,852 square feet, an uncommon offering for condominium living that truly feels like a detached coastal retreat. Designed for comfort and livability, the open-concept floor plan features expansive living and dining spaces that flow seamlessly to one of two ocean-view patios, creating the ideal setting for indoor-outdoor coastal living. A second private patio extends from the primary suite, allowing you to enjoy ocean breezes and sunset views from the comfort of your bedroom. Both bedrooms are generously scaled and include oversized walk-in closets — a rarity in beach-close properties. The thoughtfully designed kitchen and bathrooms offer abundant space and functionality, complementing the home's open layout and residential feel.The residence has been refreshed with new flooring and interior paint, offering buyers a move-in ready opportunity with timeless coastal appeal. Located just moments from the vibrant Cedros Design District, local dining, boutique shopping, beaches, and the Solana Beach train station, this home provides exceptional walkability while maintaining privacy and tranquility within the community.With its rare size, single-level layout, abundant storage, and sweeping ocean views, this residence offers the comfort and presence of a single-family home with the convenience of condo living.

Mortgage Calculator

Est. Monthly Payment

$16,249

Principal & Interest$12,110
Property Tax$2,395
Insurance$699
HOA$1,045
%($479,000)
%

Investment Score

0D
Est. Monthly Rent

HUD Fair Market Rent

$2,881
Monthly Cashflow
$-16,027

Mortgage (P+I)
$12,110
Cap Rate
-1.96%
Cash-on-Cash
-40.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$18,677

NOI (Annual)
$-46,998
Price-to-Rent

Lower = better for investors

69.3

* Defaults: 20% down, 6.5% rate, 30yr.

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