1632 Brahms Cardiff By The Sea
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1632 Brahms Cardiff By The Sea

Ctop 80%

Cardiff-by-the-Sea, CA 92007Neighborhood: Cardiff-by-the-Sea

$5,295,000
STR-eligible · Encinitas, 3-night minimum · TOT 10%

28 licensed short-term rentals within ½ mile (21 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$25,267/mo full cashflow at 20% down, 7.43% rate.

Works at $2,005,074 (62% under asking), or at 89% down.

Rent $20,000/mo from 8 leases of 3–5 bed houses within 0.5 mi, same school area ($11,086–$18,223). Previously leased for $20,000.

Beds

4

Baths

4

Sqft

3,934

Year Built

1992

Days on Market

95

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2607475

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

Virtual Tour

About This Property

The home is located on one Cardiff's premier private streets in the Composer District; overlooking a private canyon to the front and the ocean to the back. The location offers unparalleled privacy and walkability to the beach, shopping and dining. The soft contemporary home was professionally remodeled seven years ago with meticulous attention paid to every detail. The home is offered furnished with high end Restoration Hardware furnishings; top of the line appliances, custom lighting and art (Some of the art and furnishings are not included). This is a one of a kind beautifully crafted custom home and offers a rare ownership opportunity. Spanning nearly 4,000 square feet, the 4-bedroom, 4-bath residence includes a rare oversized 4-car garage and a resort-style outdoor oasis featuring a Pebble Sheen blue granite pool and spa, fire pit, built-in BBQ, and custom LED lighting. Four expansive terraces with sleek glass railings and a generously sized yard create seamless indoor-outdoor living, ideal for both everyday comfort and elevated entertaining. Every detail has been thoughtfully curated, defining true coastal luxury. The chef’s kitchen is a true showpiece, equipped with Sub-Zero refrigeration, a Wolf 36” gas range with griddle, Vent-A-Hood stainless steel hood, Bosch dishwasher, Miele integrated refrigeration and combi-steam oven, and Blanco fixtures. Designed to impress, the home also offers a game room, wine cellar, wet bar, and Sonos surround sound system. Just minutes from Cardiff’s top restaurants, grocery stores, boutiques, parks, and the beach, this extraordinary residence captures the very best of coastal California living.

Mortgage Calculator

Est. Monthly Payment

$36,255

Principal & Interest$29,416
Property Tax$5,295
Insurance$1,544
%($1,059,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Ada W. Harris Elementary · grades 3-6 · Cardiff Elementary

  • Middle

    Oak Crest Middle · grades 7-8 · San Dieguito Union High

  • High

    La Costa Canyon High · grades 9-12 · San Dieguito Union High

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Comparable Properties

1 comp found

This Property

$20,000

vs

Comp Average

$12,031

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

12C
Est. Monthly Rent
$20,000

Previously leased for $20,000

8 leases of 3–5 bed houses within 0.5 mi, same school area · $11,086–$18,223

Monthly Cashflow

Rent − PITIA

-$16,255
Full Cashflow

Incl. vacancy, PM, maint, capex

-$25,267

What would make this work?

$25,267/mo short at 20% down; 89% down or +$32,815/mo rent closes it.

Break-even price

62% under asking

$2,005,074
Break-even rent

$32,815/mo above the estimate

$52,815/mo
Cashflow at 35% down
−$19,752/mo
Down payment to break even

$4,712,550 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$29,416
Cap Rate
1.17%
Cash-on-Cash
-28.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.55

NOI (Annual)
$61,782
Price-to-Rent

Lower = better for investors

22.1

* 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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CCashflow−$25,267/mo