1404 Avenida De Las Adelsas
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1404 Avenida De Las Adelsas

C

Encinitas, CA 92024

$1,849,000
NEW — 2d

Soft Appraisal Value: $1,793,800 · 3.1% above estimate

Beds

3

Baths

2

Sqft

1,517

Year Built

1976

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605742

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

Virtual Tour

About This Property

Welcome to 1404 Avenida de las Adelsas! Modern design meets the effortless Encinitas lifestyle in this beautifully renovated single-story home. Tucked away on a private lot, this turnkey residence has been thoughtfully transformed from top to bottom, offering a seamless blend of style, comfort, and Southern California living at its finest. Inside, soaring vaulted ceilings and an open-concept floor plan invite natural light and easy connection. The chef's kitchen anchors the home with custom cabinetry, designer Bedrosians tile, premium countertops, a generous center island, and a walk-in pantry built for real life. A dramatic 16-foot accordion door dissolves the boundary between indoors and out, opening directly to a backyard made for gathering. Another unique feature is that this neighborhood has NO HOA fees! The outdoor retreat is framed by a mature hedge of over 40 ficus trees, offering rare privacy without sacrificing space. New landscaping, expansive concrete flatwork, privacy walls, and metal gates complete an exterior that's as polished as the interior. Plenty of room for an ADU in the oversized backyard! The renovation spares no detail: luxury vinyl plank flooring throughout, new windows, roof, HVAC system and ducting, upgraded electrical panels, designer bathrooms, custom lighting and plumbing fixtures, fresh interior and exterior paint, and an attached two-car garage with a new side-mount opener. Optional RV parking adds flexibility for those who live for the next adventure. Minutes from Encinitas' world-class beaches, top-rated schools, local dining, and coastal trails, this is more than a home. It's a front-row seat to the best of North County!!

Mortgage Calculator

Est. Monthly Payment

$11,738

Principal & Interest$9,350
Property Tax$1,849
Insurance$539
%($369,800)
%

Location

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Investment Score

2D
Est. Monthly Rent
$5,494
Monthly Cashflow

Rent − PITIA

$-6,244
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,048

Mortgage (P+I)
$9,350
Cap Rate
0.20%
Cash-on-Cash
-29.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$17,245

NOI (Annual)
$3,619
Price-to-Rent

Lower = better for investors

28.0

* 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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