159 Diana Street
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159 Diana Street #SPC 4

D

Encinitas, CA 92024

$449,000
NEW — 2d

Beds

1

Baths

1

Sqft

Year Built

1978

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

$1,600

MLS ID

PTP2601399

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

Virtual Tour

About This Property

Beach life starts here! Welcome to 159 Diana St #4 in Leucadia, an all-ages community just a short walk to Beacons Beach and everything Coast Highway 101 has to offer. Lowest space rent in the area protected by a longterm land lease giving peace of mind! This light-filled home has a beautifully remodeled kitchen and bathroom, designated parking right beside the unit, and the largest patio in the park, your own private outdoor retreat in a peaceful, intimate community surrounded by multi-million dollar homes. Lovingly maintained by the original owner, this tranquil beach escape is the perfect full-time residence or weekend getaway. Walk to surf, coffee, sunset cocktails, and dinner, then come home to quiet coastal living. Enjoy the weekly Sunday local farmers market on Vulcan that is easily accessible. Opportunities like this in Leucadia don’t come around often.

Mortgage Calculator

Est. Monthly Payment

$4,450

Principal & Interest$2,270
Property Tax$449
Insurance$131
HOA$1,600
%($89,800)
%

Location

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Investment Score

19D
Est. Monthly Rent
$2,227
Monthly Cashflow

Rent − PITIA

$-2,223
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,110

Mortgage (P+I)
$2,270
Cap Rate
-2.24%
Cash-on-Cash
-41.56%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$6,266

NOI (Annual)
$-10,073
Price-to-Rent

Lower = better for investors

16.8

* 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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