1810 El Camino Real #106
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1810 El Camino Real #106

Ctop 80%

Encinitas, CA 92024Neighborhood: New Encinitas

$559,499
STR closed · Encinitas allows houses and duplexes only

0 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 9, 2026.

Pass at asking: -$2,669/mo full cashflow at 20% down, 7.43% rate.

Works at $211,903 (62% under asking), or at 89% down.

Rent $2,810/mo from 21 leases of studio–2 bed condos & townhomes within 2 mi ($2,915–$3,417).

Beds

1

Baths

1

Sqft

650

Year Built

1998

Days on Market

48

Property Type

Condo

HOA/mo

$536

MLS ID

260023225SD

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

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About This Property

Enjoy move-in-ready North County coastal living with the added comfort of air conditioning in this beautifully upgraded Pacific Pines condo in Southwest Encinitas. Two Mitsubishi ductless mini-split systems provide efficient year-round cooling and heating in both the living room and bedroom. Located in the community's only south-facing building with an orientation that brings in abundant natural light throughout the day, this one-bedroom, one-bath, ground-level condo features a private patio that creates the perfect spot for morning coffee or unwinding after the beach. Inside, the space feels bright, open, and thoughtfully updated. The renovated open-concept kitchen includes a breakfast bar that connects to the living room, where a wood-burning fireplace creates an inviting focal point. The tastefully updated bathroom includes a porcelain tub, and an in-unit washer and dryer add everyday convenience. The home also includes one covered carport space with access through the community's gated parking entrances. Pacific Pines offers a relaxed, resort-style setting with a pool and spa, two lighted tennis courts, a sand volleyball court, BBQ areas, open green spaces, and EV charging. Best of all, you're minutes from Encinitas and Cardiff beaches, restaurants, coffee shops, and shopping, with easy access to Interstate 5. Whether you're looking for your first home, a coastal getaway, an investment property, or simply a turnkey place to call home in Encinitas, this meticulously upgraded Pacific Pines gem is ready to enjoy from day one.

Mortgage Calculator

Est. Monthly Payment

$4,367

Principal & Interest$3,108
Property Tax$559
Insurance$163
HOA$536
%($111,900)
%
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.

Short-term not available here. Encinitas allows short-term rentals only in single-family homes and duplexes. See the rules

Investment Score

36C
Est. Monthly Rent
$2,810

21 leases of studio–2 bed condos & townhomes within 2 mi · $2,915–$3,417

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,557
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,669

What would make this work?

$2,669/mo short at 20% down; 89% down or +$3,467/mo rent closes it.

Break-even price

62% under asking

$211,903
Break-even rent

$3,467/mo above the estimate

$6,277/mo
Cashflow at 35% down
−$2,087/mo
Down payment to break even

$497,954 cash

89%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$3,108
Cap Rate
1.24%
Cash-on-Cash
-28.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$6,953
Price-to-Rent

Lower = better for investors

16.6

* 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−$2,669/mo