1854 Avenida Mimosa

1854 Avenida Mimosa

C

Encinitas, CA 92024

$1,685,000
NEW — 1d

Soft Appraisal Value: $1,637,000 · 2.9% above estimate

Beds

3

Baths

2

Sqft

1,605

Year Built

1985

Days on Market

1

Property Type

Single Family

HOA/mo

$132

MLS ID

260017393SD

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

About This Property

There is a particular kind of quiet that comes from living at the end of the street, where the only traffic is a neighbor walking their dog and the breeze coming up off the coast. This single-story home sits on Avenida Mimosa, arguably the best street in Rancho Santa Fe Vista, with sprawling views to the Northwest that open up the whole sky. Come evening, that view earns its keep. Encinitas sunsets, then city lights, all of it from your own backyard. Everything lives on one level here: three bedrooms and two baths across 1,605 square feet, all flowing without a single step in between. The remodeled kitchen looks straight out to those Northwest views, so the cooking and the scenery happen together. Stain-grade hardwood floors and decorative tile run throughout the home, giving it a warmth you feel the moment you walk in. Out back, the designer hardscape was built for exactly the kind of evening the view promises: room to gather, room to slow down, and none of the weekend upkeep hanging over you. Rancho Santa Fe Vista is one of those Encinitas pockets people tend to stay in once they land. Minutes from the beach, close to the trails, tucked far enough off the main roads to forget the traffic exists. A remodeled single level, on the best street in the neighborhood, with a view that turns every sunset into an event. This combination does not come up often here.

Mortgage Calculator

Est. Monthly Payment

$10,829

Principal & Interest$8,520
Property Tax$1,685
Insurance$491
HOA$132
%($337,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$5,473
Monthly Cashflow

Rent − PITIA

$-5,355
Full Cashflow

Incl. vacancy, PM, maint, capex

$-8,018

Mortgage (P+I)
$8,520
Cap Rate
0.36%
Cash-on-Cash
-28.55%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$15,886

NOI (Annual)
$6,025
Price-to-Rent

Lower = better for investors

25.7

* 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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