149 Glaucus

149 Glaucus

D

Encinitas, CA 92024

$725,000

Beds

1

Baths

1

Sqft

635

Year Built

1975

Days on Market

161

Property Type

Condo

HOA/mo

$549

MLS ID

JT25215960

Description

Welcome to your coastal retreat in the heart of charming Encinitas! This freshly remodeled inviting 1-bedroom, 1-bath condo is just a stone's throw from the stunning Beacons Beach, where you can enjoy sun-soaked days and beautiful sunsets. Nestled west of Highway 101 in a serene tropical setting, this condo is perfect for those seeking the ideal blend of relaxation and convenience. This unit is located on the second floor and no one is above you.It is light, bright and truly checks all of the boxes. Enjoy a leisurely stroll to the beach, just minutes away, and indulge in the year-round perfect weather that Encinitas is famous for. Surrounded by delightful restaurants and boutique shops, you'll never run out of options to explore. The condo complex features a sparkling pool, soothing spa, convenient laundry facilities, and charging stations all within a gated environment for added peace of mind. With covered parking and a community atmosphere, you’ll feel right at home in this well-maintained enclave surrounded by stunning multi-million dollar homes. If you're looking for adventure... hop on the Coaster for a quick ride to downtown San Diego, where you can catch a ball game, enjoy a concert, or savor a meal at one of the many vibrant eateries. Whether you're biking, jogging, surfing, or walking your dog, this location offers an active coastal lifestyle at its finest. Don’t miss out on this incredible opportunity to embrace the laid-back beach life in Encinitas!

Mortgage Calculator

Est. Monthly Payment

$5,151

Principal & Interest$3,666
Property Tax$725
Insurance$211
HOA$549
%($145,000)
%

Investment Score

1D
Est. Monthly Rent

Zillow Rent Zestimate

$2,932
Monthly Cashflow
$-3,498

Mortgage (P+I)
$3,666
Cap Rate
0.28%
Cash-on-Cash
-28.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.80
Break-even Rent
$6,195

NOI (Annual)
$2,022
Price-to-Rent

Lower = better for investors

20.6

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

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