1551 Burgundy Road

1551 Burgundy Road

C

Encinitas, CA 92024

$2,799,000
NEW — 1d

Soft Appraisal Value: $2,723,400 · 2.8% above estimate

Beds

4

Baths

3

Sqft

2,307

Year Built

1974

Days on Market

1

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606782

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

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About This Property

With the newly added lower-level kitchenette, and outdoor BBQ station, 1551 Burgundy Rd offers a unique layout with meaningful separation between spaces. The kitchenette brings food prep, drinks, and cleanup closer to the action in the main yard. The outdoor BBQ station will also be installed in the yard at the end of the month, creating a complete entertaining setup downstairs. 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 (see attached document for ADU options)! 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

$17,769

Principal & Interest$14,153
Property Tax$2,799
Insurance$816
%($559,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,718
Monthly Cashflow

Rent − PITIA

$-11,050
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,928

Mortgage (P+I)
$14,153
Cap Rate
-0.33%
Cash-on-Cash
-32.00%
DSCR

Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$26,105

NOI (Annual)
$-9,296
Price-to-Rent

Lower = better for investors

34.7

* 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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