1428 Mackinnon Avenue

1428 Mackinnon Avenue

D

Cardiff By The Sea, CA 92007

$2,399,900

Beds

4

Baths

4

Sqft

3,039

Year Built

2019

Days on Market

40

Property Type

Single Family

HOA/mo

$220

MLS ID

NDP2600736

Description

Set just minutes from the beach, this exceptional former model residence is the largest home within an exclusive eight-home enclave, offering a rare fusion of refined coastal luxury, sophisticated design, and modern upgrades. Thoughtfully remodeled and impeccably maintained, the home showcases a striking chef’s kitchen featuring new quartz countertops, a dramatic double island with bar seating, custom designer backsplash, and curated barn-wood accents. Elegant barn doors, rich hardwood flooring throughout, and the complete removal of carpet further elevate the interior, creating a seamless and timeless aesthetic. The expansive floor plan offers four generously sized bedrooms, each with its own en-suite bath, including a desirable main-level bedroom and full bathroom. Upstairs, a spacious bonus room provides versatile living or entertaining space and flows effortlessly into the private primary retreat. The primary suite features a tranquil balcony with ocean views—an ideal setting for enjoying coastal sunsets and ocean breezes. Additional enhancements include a new central air conditioning system, fully owned solar, a tankless water heater with filtration system, and an automated outdoor sprinkler system. Both the front and backyard have been professionally landscaped with drought-conscious design elements, including turf, pavers, and a decomposed granite fire-pit area perfect for entertaining. A freshly painted exterior adds to the home’s standout curb appeal, while the 2.5-car tandem garage offers ample storage and convenience. Located within top school district San Dieguito Union and walking distance to San Dieguito Academy. Ideally situated with excellent walkability to local award-winning schools, Encinitas Community Park, and the boutiques and dining of Cardiff, this residence delivers elevated coastal living just moments from the ocean.

Mortgage Calculator

Est. Monthly Payment

$15,455

Principal & Interest$12,135
Property Tax$2,400
Insurance$700
HOA$220
%($479,980)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$3,580
Monthly Cashflow

Rent − PITI − HOA

$-11,875
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,698

Mortgage (P+I)
$12,135
Cap Rate
-1.28%
Cash-on-Cash
-29.69%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$15,455

NOI (Annual)
$-30,759
Price-to-Rent

Lower = better for investors

55.9

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

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