1407 Ocean  Ave

1407 Ocean Ave

D

Del Mar, CA 92014

$4,300,000
NEW — 2d on market

Beds

3

Baths

3.5

Sqft

2,117

Year Built

2003

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602927

Description

Where Del Mar Life Begins at Your Doorstep Some homes offer a location. This one offers a lifestyle. Nestled on the north edge of the Del Mar Bluffs — in the sweet spot between Del Mar Village and Seagrove Park — this impeccably appointed 3-bedroom, 3.5-bath coastal retreat places you at the center of everything that makes Del Mar one of California's most coveted addresses. Step outside and the village is yours. Stroll to Jake's, Poseidon, or Sbicca for dinner, browse the boutiques and cafés at Del Mar Plaza, or catch golden hour at Seagrove or Powerhouse Park — with the beach literally across the street. Spanning 2,117 square feet, the west-facing living room and kitchen open seamlessly to a private patio — capturing ocean breezes and the very best of indoor/outdoor coastal living. The Sub-Zero refrigerator and Gaggenau gas cooktop set the tone for a kitchen built to entertain. Upstairs, the primary suite enjoys ocean views to wake up to every morning. Downstairs, a grand family room tucked between the second and third bedrooms invites endless possibilities — gather the family, host guests, set up a game room, home office, or the ultimate media lounge. Perfect for the buyer looking to rightsize without sacrificing a single luxury, or the out-of-towner seeking refuge from winter frost or summer heat. And in a neighborhood where parking is its own kind of currency, this property delivers an enviable trifecta: garage, driveway, and carport parking.

Mortgage Calculator

Est. Monthly Payment

$27,297

Principal & Interest$21,743
Property Tax$4,300
Insurance$1,254
%($860,000)
%

Investment Score

0D
Est. Monthly Rent
$7,795
Monthly Cashflow

Rent − PITI − HOA

$-19,502
Full Cashflow

Incl. vacancy, PM, maint, capex

$-24,878

Mortgage (P+I)
$21,743
Cap Rate
-0.87%
Cash-on-Cash
-34.71%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.29
Break-even Rent
$40,105

NOI (Annual)
$-37,622
Price-to-Rent

Lower = better for investors

46.0

* 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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