1915 Estrella De Mar Court

1915 Estrella De Mar Court #A

D

Carlsbad, CA 92009

$815,000

Soft Appraisal Value: $802,600 · 1.5% above estimate

Beds

2

Baths

2.5

Sqft

1,436

Year Built

1973

Days on Market

9

Property Type

Condo

HOA/mo

$440

MLS ID

PTP2602123

Description

VA assumable loan at 2.875% rate! Rare opportunity for a significantly lower monthly payment. Truly one of a kind, this La Costa townhome stands out with its distinctive Spanish-inspired architecture and modern coastal finishes, a combination rarely found in the area. From the moment you enter, soaring ceilings, hardwood flooring, and detailed crown molding create a space full of character and warmth. The thoughtfully designed layout offers exceptional space and versatility, including a dedicated office/work area, abundant natural light, and beautiful mountain views. Two private outdoor spaces extend the living experience, and this is an end unit with added privacy. The unique community has lush landscaping and tranquil water features that add to the resort-style amenities: pool, spa, sauna, and tennis courts with a low HOA. Incredible location in the heart of La Costa, a short walk to restaurants, shops, fitness studios, and parks, and within the highly regarded Carlsbad Unified School District.

Mortgage Calculator

Est. Monthly Payment

$5,614

Principal & Interest$4,121
Property Tax$815
Insurance$238
HOA$440
%($163,000)
%

Investment Score

3D
Est. Monthly Rent
$3,837
Monthly Cashflow

Rent − PITI − HOA

$-1,777
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,339

Mortgage (P+I)
$4,121
Cap Rate
1.15%
Cash-on-Cash
-24.58%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$8,173

NOI (Annual)
$9,388
Price-to-Rent

Lower = better for investors

17.7

* 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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