190 Del Mar Shores
Ctop 80%Solana Beach, CA 92075
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$5,369/mo full cashflow at 20% down, 7.36% rate.
Works at $395,407 (64% under asking), or at 91% down.
Rent $4,898/mo from 1 lease in this building (±1 bed).
Beds
1
Baths
1
Sqft
838
Year Built
1977
Days on Market
0
Property Type
Condo
HOA/mo
$750
MLS ID
260026984SD
This property is in Solana Beach (92075). View neighborhood stats →
About This Property
Experience coastal living at its finest with breathtaking panoramic ocean views and spectacular sunsets from this beautiful top-floor, one-bedroom condo. Nestled on a bluff overlooking the ocean, this unique location offers the best in beach living. Luxurious features include elegant travertine stone flooring, floor to ceiling windows, spacious tiled shower, private laundry and a cohesive look throughout. The private bedroom has its own patio access and floor to ceiling windows with custom shutters creating the feel of a secluded, private retreat. The large open-plan living area enjoys panoramic ocean views, a cozy fireplace, floor to ceiling windows with a slider leading to a serene balcony where you can sip your favorite beverage as the sun sets over the ocean. Open the doors wide to let the cool ocean breezes flow through all year long. The kitchen features crisp, white cabinetry and a large eat-at breakfast bar. Two covered parking spaces in the secure garage add everyday convenience, while the gated oceanfront community of Del Mar Shores Terrace offers a sparkling cliff's edge heated saltwater pool, relaxing spa, sauna and clubhouse, all overlooking the majestic Pacific Ocean. Solana Beach is known for its trendy boutiques, approachable art galleries, furniture shops, surfing outfitters and other unique shops. Ideally situated near the Del Mar Racetrack, Amtrak train station, Cedros Design District, Fletcher Cove with Del Mar Dog Beach just around the corner. Easy access to the I-5 freeway or coastal route for commuting. Come experience the beauty of life by the sea!
Mortgage Calculator
Est. Monthly Payment
$8,226
Location
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Zoned Schools
Elementary
Solana Vista Elementary · grades K-3 · Solana Beach Elementary
Middle
Earl Warren Middle · grades 7-8 · San Dieguito Union High
High
Torrey Pines 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.
Comparable Properties
5 comps foundThis Property
$4,898
Comp Average
$4,477
930 Via Mil Cumbres
1bd / 1ba · 762 sqft · Condo
$715K
Est. $3,726/mo
930 Via Mil Cumbres
3bd / 2ba · 1,242 sqft · Condo
$899K
Est. $4,890/mo
930 Via Mil Cumbres
2bd / 2ba · 1,120 sqft · Condo
$895K
Est. $4,517/mo
532 Via De La Valle
1bd / 1ba · 860 sqft · Condo
$789K
Est. $3,844/mo
640 Solana Circle
2bd / 2ba · 1,246 sqft · Condo
$1.75M
Est. $5,409/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
1 lease in this building (±1 bed)
Thin data: only 1 lease behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,369/mo short at 20% down; 91% down or +$6,973/mo rent closes it.
- Break-even price
- $395,407
- Break-even rent
- $11,871/mo
- Cashflow at 35% down
- −$4,234/mo
- Down payment to break even
- 91%
- Rate to break even
- Not reachable
64% under asking
$6,973/mo above the estimate
$999,180 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.36% 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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