1715 Coast Blvd
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1715 Coast Blvd

Dbottom 20%

Del Mar, CA 92014

$6,695,000

Pass at asking: -$40,063/mo full cashflow at 20% down, 7.49% rate.

Works at $1,500,888 (78% under asking); even all cash loses money at asking.

Rent $15,035/mo from 12 leases of 4–6 bed houses within 1 mi, same school area ($14,774–$21,689).

Beds

5

Baths

4.5

Sqft

3,100

Year Built

2016

Days on Market

46

Property Type

Single Family

HOA/mo

N/A

MLS ID

260022937SD

This property is in Del Mar (92014). View neighborhood stats →

Virtual Tour

About This Property

Iconic Del Mar Home, steps to the sand in the heart of Del Mar at 1715-17 Coast Blvd! This stunning coastal residence lives as a single-family home while offering the rare ability to lock off and function as two fully separate residences with two addresses, creating exceptional flexibility for a variety of lifestyles. Thoughtfully rebuilt in 2016, the home was designed for high-end beach living with a focus on durability, quality craftsmanship, and distinctive finishes throughout. Lives single Family or like a Duplex if you want rental income! The interior features two high-end kitchens, a separate game and media room, ocean views, and a spacious primary suite with private balcony. Architectural highlights include cantina-style doors, custom iron-cased windows, and seamless indoor-outdoor flow that enhances both comfort and entertaining. Outdoor living is elevated with a Zen-inspired spa retreat, dry sauna and cold plunge, built-in BBQ, and multiple lounge areas designed for year-round coastal enjoyment. Additional amenities include owned Solar, a two-car garage, four off-street parking spaces with full RV hookups, and abundant nearby beach parking. Located just steps from Del Mar’s famous beaches and walkable to renowned dining and coastal attractions such as Monarch and Jake's Del Mar, this property offers the perfect balance of a beautiful family home and prime rental flexibility in one of Southern California’s most coveted beach communities.

Mortgage Calculator

Est. Monthly Payment

$46,061

Principal & Interest$37,413
Property Tax$6,695
Insurance$1,953
%($1,339,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Del Mar Heights Elementary · grades K-6 · Del Mar Union Elementary

  • Middle

    Earl Warren Middle · grades 7-8 · San Dieguito Union High

  • High

    Torrey Pines 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.

Short-term not available here. Del Mar allows new short-term rentals only in the owner's primary residence, and its cap is full. See the rules

Investment Score

0D
Est. Monthly Rent
$15,035

12 leases of 4–6 bed houses within 1 mi, same school area · $14,774–$21,689

Monthly Cashflow

Rent − PITIA

-$31,026
Full Cashflow

Incl. vacancy, PM, maint, capex

-$40,063

What would make this work?

$40,063/mo short at 20% down; +$52,030/mo rent closes it.

Break-even price

78% under asking

$1,500,888
Break-even rent

$52,030/mo above the estimate

$67,065/mo
Cashflow at 35% down
−$33,048/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$37,413
Cap Rate
-0.34%
Cash-on-Cash
-35.90%
DSCR

Need ≥ 1.25 for DSCR loan

0.33

NOI (Annual)
-$22,782
Price-to-Rent

Lower = better for investors

37.1

* Modelled at 20% down, 7.49% 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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DCashflow−$40,063/mo