1624 N Coast Highway 101
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1624 N Coast Highway 101 #45

A

Encinitas, CA 92024

$350,000
NEW — 2d

Soft Appraisal Value: $344,000 · 1.7% above estimate

Beds

3

Baths

1

Sqft

650

Year Built

2004

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2511638

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

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About This Property

This fully renovated beach cottage captures the quintessential Leucadia, Encinitas, lifestyle—light, bright, breezy, and just steps from the ocean. With plenty of room for family, guests, or a home office, the 3-bedroom, 1-bath layout feels open and welcoming. Enjoy this renovated beach home with stylish laminate wood floors, a beautifully updated kitchen with stainless steel appliances, a newer roof, and fresh interior paint throughout. This is a rare opportunity in one of North County’s most beloved coastal communities—you truly have to see it in person to appreciate its charm and value! No HOA, but there is a Land lease: $2200/mo Buyers must be approved by park management as a condition of sale. Pets allowed with restrictions. Parking and access to the home are on Avocado St.

Mortgage Calculator

Est. Monthly Payment

$2,222

Principal & Interest$1,770
Property Tax$350
Insurance$102
%($70,000)
%

Location

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Investment Score

79A
Est. Monthly Rent
$2,275
Monthly Cashflow

Rent − PITIA

+$53
Full Cashflow

Incl. vacancy, PM, maint, capex

$-762

Mortgage (P+I)
$1,770
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$3,264

NOI (Annual)
$12,097
Price-to-Rent

Lower = better for investors

12.8

* 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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