159 Grandview Street

159 Grandview Street

D

Encinitas, CA 92024

$1,699,999

Beds

2

Baths

2.5

Sqft

1,528

Year Built

1984

Days on Market

8

Property Type

Condo

HOA/mo

$467

MLS ID

260003242SD

Description

California coastal living at its finest! Hear the ocean waves and breath in the fresh, ocean air in your fully remodeled townhome condo, located West of the 101 and only steps from the legendary Grandview Beach! Completely renovated from top to bottom, it showcases luxurious coastal chic design with carefully curated touches throughout, three private balconies, vaulted ceilings, bright natural light, and your own, exclusive use, fenced, patio. This stunning masterpiece has only one shared wall, dual master suites, a cozy gas fireplace, brand new stainless steel appliances, a laundry room, your own, attached, two car garage, and no one above or below. Amazing location in the highly coveted Leucadia neighborhood, in walking distance to everything coastal Encinitas has to offer including shops, restaurants, coffee, retail, and beaches. California coastal living at its finest! Hear the ocean waves and breath in the fresh, ocean air in your fully remodeled townhome condo, located West of the 101 and only steps from the legendary Grandview Beach! Completely renovated from top to bottom, it showcases luxurious coastal chic design with carefully curated touches throughout, three private balconies, vaulted ceilings, bright natural light, and your own, exclusive use, fenced, patio. This stunning masterpiece has only one shared wall, dual master suites, a cozy gas fireplace, brand new stainless steel appliances, a laundry room, your own, attached, two car garage, and no one above or below. Amazing location in the highly coveted Leucadia neighborhood, in walking distance to everything coastal Encinitas has to offer including shops, restaurants, coffee, retail, and beaches.

Mortgage Calculator

Est. Monthly Payment

$11,259

Principal & Interest$8,596
Property Tax$1,700
Insurance$496
HOA$467
%($340,000)
%

Investment Score

1D
Est. Monthly Rent

Zillow Rent Zestimate

$5,728
Monthly Cashflow
$-8,265

Mortgage (P+I)
$8,596
Cap Rate
0.23%
Cash-on-Cash
-29.17%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$13,535

NOI (Annual)
$3,971
Price-to-Rent

Lower = better for investors

24.7

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

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