190 Del Mar Shores

190 Del Mar Shores

D

Solana Beach, CA 92075

$1,250,000

Soft Appraisal Value: $1,119,800 · 11.6% above estimate

Beds

1

Baths

1

Sqft

838

Year Built

1977

Days on Market

9

Property Type

Condo

HOA/mo

$750

MLS ID

NDP2602655

Description

Enjoy coastal living in this beautifully updated top-floor 1-bedroom, 1-bath condominium located in the gated oceanfront community of Del Mar Shores Terrace in Solana Beach. Positioned above the coastline, the residence offers partial ocean views, refreshing sea breezes, and stunning sunset skies from the living area and private patio. The interior has been thoughtfully remodeled with a clean, modern design that enhances both style and functionality. The combination of warm wood tones and bright finishes creates an inviting atmosphere filled with abundant natural light and a seamless connection to the surrounding coastal setting. Del Mar Shores Terrace is a highly desirable blufftop community overlooking the Pacific Ocean and offers resort-style amenities including direct public beach access via private stairs, an ocean-view pool and spa, clubhouse, and beautifully landscaped grounds. The HOA currently allows short-term rentals, providing flexibility for personal enjoyment, vacation use, or investment potential. The home also includes one assigned parking space in a secure gated garage. Select luxury furnishings are included in the sale, offering added convenience and value. Included items feature a sectional sofa, chaise lounge, Arizona Leather sleeper sofa, area rugs, Apple TVs, bar stools, and outdoor patio table and chairs. Final list of included furnishings to be confirmed in the purchase agreement. Ideally located just steps from the sand and minutes from North County’s most popular destinations, including the Cedros Design District, Fletcher Cove Park, Solana Beach train station, Del Mar Fairgrounds and Racetrack, along with a wide variety of restaurants, cafés, boutiques, and nightlife. This is a rare opportunity to experience coastal convenience, ocean proximity, rental flexibility, and resort-style living in one of Solana Beach’s most sought-after beachfront communities.

Mortgage Calculator

Est. Monthly Payment

$8,685

Principal & Interest$6,321
Property Tax$1,250
Insurance$365
HOA$750
%($250,000)
%

Investment Score

0D
Est. Monthly Rent
$4,098
Monthly Cashflow

Rent − PITI − HOA

$-4,588
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,572

Mortgage (P+I)
$6,321
Cap Rate
-0.24%
Cash-on-Cash
-31.55%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$12,633

NOI (Annual)
$-3,014
Price-to-Rent

Lower = better for investors

25.4

* 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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