1715 Kennington Road

1715 Kennington Road

D

Encinitas, CA 92024

$1,599,000

Soft Appraisal Value: $1,582,700 · 1.0% above estimate

Beds

3

Baths

2

Sqft

1,616

Year Built

1975

Days on Market

52

Property Type

Single Family

HOA/mo

$1,200

MLS ID

NDP2601282

View on MLS

Description

Rare opportunity to own a turnkey 3-bedroom, 2-bath home in Seabluffe, a guard-gated oceanfront community west of Hwy 101, with private beach access through the community. The home has vaulted ceilings and updated bathrooms, plus double-pane windows, wood shutters, recessed lighting, ceiling fans, central air conditioning, and luxury vinyl plank flooring in the bedrooms. The primary suite includes a walk-in closet with built-in organizers. The dining area opens to a raised Trex deck overlooking garden and greenbelt views, offering a quiet, private space to relax or entertain, conveniently adjacent to the family room. A detached 2-car garage is nearby. The property may be sold furnished, making it ready for a primary residence, beach retreat, or lock-and-leave second home. Seabluffe offers private community beach access along with two pools, a spa, clubhouse, and lighted tennis and pickleball courts. Short-term rentals are allowed. All just a short stroll to restaurants, shops, and beaches in Encinitas.

Mortgage Calculator

Est. Monthly Payment

$11,351

Principal & Interest$8,085
Property Tax$1,599
Insurance$466
HOA$1,200
%($319,800)
%

Investment Score

1D
Est. Monthly Rent
$6,276
Monthly Cashflow

Rent − PITIA

$-5,074
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,850

Mortgage (P+I)
$8,085
Cap Rate
0.18%
Cash-on-Cash
-29.46%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$16,471

NOI (Annual)
$2,820
Price-to-Rent

Lower = better for investors

21.2

* 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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