1856 Parliament Rd.
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1856 Parliament Rd.

D

Encinitas, CA 92024

$3,995,000
NEW — 4d

Soft Appraisal Value: $3,856,800 · 3.6% above estimate

Beds

3

Baths

3

Sqft

1,612

Year Built

1974

Days on Market

4

Property Type

Single Family

HOA/mo

$1,200

MLS ID

NDP2604969

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

Virtual Tour

About This Property

Experience the ultimate coastal lifestyle within the community of Seabluffe. Fully remodeled Oceanfront end unit. The roof and ceiling have been raised to improve the dramatic ocean view. Clerestory windows bring in even more natural light. Updated plumbing, electrical and soundproofing systems. This townhome offers three bedrooms and three full bathrooms with expansive whitewater views from the living area, master bedroom and upstairs bedroom. Additional square footage includes a third full bedroom with ocean view and bathroom in the upstairs area. There is a main level guest bedroom and bath with a reconfigured laundry to include a full-size standalone washer and dryer. The master bedroom boasts spectacular views with a fireplace and desk area to add more functional living options. Even enjoy ocean views from the updated master shower and bath. Modern kitchen and dining area. Living room expands to the extended oceanfront deck. Only one attached neighbor to the north. Oversized garage with side door access. This home has all the bonus features a Seabluffe oceanfront unit can offer. Seabluffe is highly desirable offering resort style amenities and private stairs to the beach. Nestled in a private guard gated community, there are 255 townhomes on 50 acres. Seabluffe allows short term rentals with a 7 night minimum. This wonderful home can be used as a primary or secondary residence, or as an investment property. Experience all that Seabluffe has to offer within the community: 2 pools, tennis and pickleball courts, a half basketball court, playground, clubhouse, and beach access. Close to restaurants, shops and more!

Mortgage Calculator

Est. Monthly Payment

$26,561

Principal & Interest$20,201
Property Tax$3,995
Insurance$1,165
HOA$1,200
%($799,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,004
Monthly Cashflow

Rent − PITIA

$-20,557
Full Cashflow

Incl. vacancy, PM, maint, capex

$-25,267

Mortgage (P+I)
$20,201
Cap Rate
-1.52%
Cash-on-Cash
-37.95%
DSCR

Need ≥ 1.25 for DSCR loan

0.23
Break-even Rent
$38,818

NOI (Annual)
$-60,793
Price-to-Rent

Lower = better for investors

55.4

* 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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