13723 Recuerdo Drive
Ctop 80%Del Mar, CA 92014
One license per person in San Diego: whether you can hold it depends on you, not only the home.
21 licensed short-term rentals within ½ mile (10 whole home), from the cities' license and permit lists of Nov 2, 2026.
Pass at asking: -$16,457/mo full cashflow at 20% down, 7.49% rate.
Works at $966,422 (69% under asking), or at 96% down.
Rent $9,681/mo from 11 leases of 3–5 bed houses within 0.5 mi, same school area ($9,080–$13,347).
Beds
4
Baths
3.5
Sqft
3,041
Year Built
1990
Days on Market
45
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2608743
This property is in Del Mar (92014). View neighborhood stats →
About This Property
Welcome to 13723 Recuerdo Drive, a private coastal retreat nestled in the coveted Del Mar Heights neighborhood of Del Mar. Surrounded by lush landscaping and mature fruit trees, including a unique dragon fruit tree, this inviting residence offers a rare sense of privacy while placing you minutes from the beauty and lifestyle of the Del Mar coast. Thoughtfully designed with an upside-down floor plan, the home takes advantage of its elevated living spaces, natural light, and tranquil surroundings. Large windows, a welcoming fireplace, and an upstairs indoor balcony with a peek of the Pacific Ocean create a beautiful coastal backdrop. With three bedrooms plus an additional flexible room and four bathrooms, the home offers versatility for comfortable living, guests, a home office, or additional living space. The lush, established landscaping creates a peaceful sanctuary for enjoying the Southern California lifestyle, while the two-car garage provides valuable convenience and storage. Located in one of Del Mar’s most desirable coastal communities, this home puts you close to beaches, shopping, dining, parks, and everything that makes Del Mar such a sought-after destination. From quiet mornings surrounded by greenery to evenings enjoying the coastal breeze and ocean glimpse from above, 13723 Recuerdo Drive is an opportunity to experience the privacy, character, and effortless coastal lifestyle of Del Mar Heights. A coveted Del Mar address. A private coastal setting. A place to create a lifetime of memories.
Mortgage Calculator
Est. Monthly Payment
$21,328
Location
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Zoned Schools
Elementary
Del Mar Heights Elementary · grades K-6 · Del Mar Union Elementary
Middle
Earl Warren Middle · grades 7-8 · San Dieguito Union High
High
Torrey Pines High · grades 9-12 · San Dieguito Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$9,681
Comp Average
$12,100
4660 Caminito San Sebastian
5bd / 3.5ba · 3,202 sqft · Single Family
$3.25M
Est. $12,418/mo
12911 Via Grimaldi
3bd / 3.5ba · 3,493 sqft · Single Family
$4.30M
Est. $15,342/mo
1604 San Dieguito Dr
4bd / 4ba · 2,185 sqft · Single Family
$3.85M
Est. $12,543/mo
13083 Caminito Pointe
3bd / 2.5ba · 2,150 sqft · Single Family
$2.30M
Est. $8,172/mo

13635 Pine Needles Drive
4bd / 3.5ba · 3,178 sqft · Single Family
$4.00M
Est. $12,027/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 3–5 bed houses within 0.5 mi, same school area · $9,080–$13,347
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$16,457/mo short at 20% down; 96% down or +$21,372/mo rent closes it.
- Break-even price
- $966,422
- Break-even rent
- $31,053/mo
- Cashflow at 35% down
- −$13,208/mo
- Down payment to break even
- 96%
- Rate to break even
- Not reachable
69% under asking
$21,372/mo above the estimate
$2,976,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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