1819 Milbank Rd.
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1819 Milbank Rd.

D

Encinitas, CA 92024

$1,499,000

Soft Appraisal Value: $1,463,100 · 2.5% above estimate

Beds

2

Baths

2

Sqft

1,347

Year Built

1974

Days on Market

50

Property Type

Townhouse

HOA/mo

$1,200

MLS ID

NDP2602775

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

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About This Property

Welcome to Seabluffe—one of coastal Leucadia’s most sought after private, guard gated communities. This updated townhome features 1,347esf of living, 2 bedrooms, 2 baths plus an additional flex room (ideal for a playroom, office, yoga studio, or creative workspace). Newer interior paint, hardwood floors, vaulted ceilings which provide natural light throughout and an updated kitchen with lots of storage and counterspace. Both bathrooms have been tastefully refreshed with walk-in showers. Private outdoor spaces perfect for morning coffee, tea, or enjoying the quiet, lush surroundings that make Seabluffe so unique. This private neighborhood is nestled among mature trees, spans over 50 acres, expansive greenbelts, and a private entrance to the beach. Community resort-style amenities include two pools, spa, tennis, pickleball, clubhouse, playground, basketball court, and year round social events. The community allows 7-day minimum rentals, offering excellent investment potential. Minutes from top restaurants, shops, the Alila Marea Beach Resort Hotel and the best of coastal Encinitas!

Mortgage Calculator

Est. Monthly Payment

$10,716

Principal & Interest$7,580
Property Tax$1,499
Insurance$437
HOA$1,200
%($299,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,725
Monthly Cashflow

Rent − PITIA

$-4,991
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,557

Mortgage (P+I)
$7,580
Cap Rate
0.02%
Cash-on-Cash
-30.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$15,539

NOI (Annual)
$277
Price-to-Rent

Lower = better for investors

21.8

* 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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