1827 Amalfi
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1827 Amalfi

Ctop 80%

Encinitas, CA 92024Neighborhood: Leucadia

$2,000,000
STR: check · no permits on this tract · TOT 10%

3 licensed short-term rentals within ½ mile (0 whole home), from the cities' license and permit lists of Nov 10, 2026.

None of the 33 homes on this home's recorded tract holds a short-term rental permit, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$10,829/mo full cashflow at 20% down, 7.43% rate.

Works at $589,956 (71% under asking), or at 98% down.

Rent $6,352/mo from 20 leases of 3-bed houses within 2 mi ($5,649–$7,683).

Beds

3

Baths

2

Sqft

1,861

Year Built

1989

Days on Market

45

Property Type

Single Family

HOA/mo

$360

MLS ID

SW26209115

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

About This Property

Welcome to 1827 Amalfi Drive! Your very own 3 bedroom 2 bathroom hill-top sanctuary! Perched high above the coastline in the highly desirable and rarely available gated community of Monte Mira. Minutes away from the beach! This stunning single-story home offers the ultimate blend of Southern California luxury, serenity, and style. From the comfort of the back patio you will be enjoying, breathtaking sunrise horizons to expansive water and greenery vistas, this property delivers a coastal living experience like no other. Step inside to see how the home flows so well. Right as you enter the home you will be greeted by tile flooring and hardwood flooring flows beautifully together and leads you into the living room where you will find that the home is bathed in an abundance of natural sunlight! The floor plan maximizes natural light and effortless flow, anchored by dual gas fireplaces in both the main living room and den, handsome tile flooring, and clean, modern finishes throughout. At the heart of the home, the chef’s kitchen delivers sleek granite countertops, abundant cabinetry, and quality gas cooking. The primary retreat serves as a private oasis with a generous walk-in closet and an upgraded bath complete with a deep soaking tub and a curbless walk-in shower. Step outside to a low-maintenance, private patio framing panoramic easterly views across Batiquitos Lagoon and the rolling greens of Aviara and La Costa. Complete with an attached two-car garage, top-tier school zoning, and immediate access to Encinitas beaches, fine dining, and luxury retail at The Forum, this property delivers the ultimate blend of comfort, location, and coastal lifestyle. 5 Minute drive from Grocery Stores , Gas Stations , Restaurants and the 5 freeway! The best part? You are less than 10 minutes from the actual beach! So come on down and see this beautiful home and see how pride of ownership was taken over the years to keep this home in amazing shape!

Mortgage Calculator

Est. Monthly Payment

$14,054

Principal & Interest$11,111
Property Tax$2,000
Insurance$583
HOA$360
%($400,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Capri Elementary · grades K-6 · Encinitas Union Elementary

  • Middle

    Diegueno 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.

Investment Score

4C
Est. Monthly Rent
$6,352

20 leases of 3-bed houses within 2 mi · $5,649–$7,683

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$7,702
Full Cashflow

Incl. vacancy, PM, maint, capex

-$10,829

What would make this work?

$10,829/mo short at 20% down; 98% down or +$14,064/mo rent closes it.

Break-even price

71% under asking

$589,956
Break-even rent

$14,064/mo above the estimate

$20,416/mo
Cashflow at 35% down
−$8,746/mo
Down payment to break even

$1,960,000 cash

98%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$11,111
Cap Rate
0.36%
Cash-on-Cash
-32.49%
DSCR

Need ≥ 1.25 for DSCR loan

0.45

NOI (Annual)
$7,188
Price-to-Rent

Lower = better for investors

26.2

* 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−$10,829/mo