
1576 Lorraine
Dbottom 20%Encinitas, CA 92024Neighborhood: Leucadia
85 licensed short-term rentals within ½ mile (74 whole home), from the cities' license and permit lists of Nov 10, 2026.
Pass at asking: -$25,731/mo full cashflow at 20% down, 7.43% rate.
Works at $949,715 (78% under asking); even all cash loses money at asking.
Rent $9,473/mo from 25 leases of houses within 2 mi, size-adjusted ($8,234–$10,909).
Beds
6
Baths
4
Sqft
3,438
Year Built
1979
Days on Market
101
Property Type
Single Family
HOA/mo
N/A
MLS ID
260018796SD
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Expansive panoramic ocean views, unforgettable sunsets, and an unbeatable coastal location define this exceptional Encinitas residence. Perfectly positioned on a premier corner lot just moments from Stonesteps Beach and Grandview Beach, this remarkable home showcases breathtaking blue-water views from expansive west-facing windows and generous outdoor living spaces. Enjoy world-class surfing, scenic coastal trails, and the relaxed coastal lifestyle that makes Encinitas one of Southern California's most sought-after communities. Offering approximately 3,500 square feet, this versatile residence features 5 bedrooms, 3 bathrooms, a 2-car garage, and an attached 1-bedroom, 1-bath ADU with its own private backyard—ideal for multigenerational living, guests, a home office, or additional income potential. Designed to live like a single-story, the home offers a true primary suite on the main level while seamlessly blending spacious living areas with incredible ocean views. The expansive west-facing deck provides the perfect setting for entertaining, relaxing, and taking in spectacular sunsets over the Pacific. Whether you're searching for your forever home, a luxury coastal retreat, or an investment with exceptional upside, this property presents a rare opportunity to personalize and maximize value. Homes offering this combination of panoramic ocean views, flexible living, nearly 3,500 square feet, an attached ADU, and an incredible location just moments from the beach rarely become available. Experience the very best of coastal Encinitas living.
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Est. Monthly Payment
$29,442
Location
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Comparable Properties
5 comps foundThis Property
$9,473
Comp Average
$10,224
790 Bracero Road
5bd / 3ba · 3,490 sqft · Single Family
$3.00M
Est. $10,199/mo
1413 Trabert Ranch Road
5bd / 3.5ba · 3,307 sqft · Single Family
$3.38M
Est. $11,264/mo
441 Rancho Santa Fe Road
5bd / 4ba · 3,395 sqft · Single Family
$2.60M
Est. $7,512/mo
1144 Hermes
5bd / 4ba · 3,963 sqft · Single Family
$4.00M
Est. $11,496/mo
951 Neptune Avenue
6bd / 5ba · 3,777 sqft · Single Family
$4.89M
Est. $10,649/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
25 leases of houses within 2 mi, size-adjusted · $8,234–$10,909
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$25,731/mo short at 20% down; +$33,417/mo rent closes it.
- Break-even price
- $949,715
- Break-even rent
- $42,890/mo
- Cashflow at 35% down
- −$21,252/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
78% under asking
$33,417/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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