1551 Burgundy Rd
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1551 Burgundy Rd

D

Encinitas, CA 92024

$2,848,000

Soft Appraisal Value: $2,760,300 · 3.2% above estimate

Beds

4

Baths

3

Sqft

2,307

Year Built

1974

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009059SD

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

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About This Property

1551 Burgundy Rd offers a unique layout with meaningful separation between spaces. This home is truly turn-key (new roof, new electrical, new HVAC, owned solar etc.) with design-forward updates. There are 2 bedrooms upstairs, and 2 bedrooms downstairs, each with separate entrances making it ideal for multigenerational living, kids or guests who want their own space, frequent visitors, or anyone needing a separate work-from-home office, studio, gym, or creative space.  Both levels are wheelchair accessible, have separate fully fenced outdoor spaces, and parking. The upper driveway also features a pickleball area with court lights for evening play! The detached 2 car garage provides extra storage and ADU potential for the future! Assigned to top-rated schools, walking distance to Capri Elementary, near parks, the beach, and the Encinitas’ 101 corridor, this home offers more than beautiful design. It offers space, flexibility, and a lifestyle that is hard to find this close to the coast.

Mortgage Calculator

Est. Monthly Payment

$18,080

Principal & Interest$14,401
Property Tax$2,848
Insurance$831
%($569,600)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,731
Monthly Cashflow

Rent − PITIA

$-11,349
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,271

Mortgage (P+I)
$14,401
Cap Rate
-0.37%
Cash-on-Cash
-32.17%
DSCR

Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$26,563

NOI (Annual)
$-10,434
Price-to-Rent

Lower = better for investors

35.3

* 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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