1915 Estrella De Mar Ct

1915 Estrella De Mar Ct

D

Carlsbad, CA 92009

$745,000

Soft Appraisal Value: $814,400 · 8.5% below estimate

Beds

2

Baths

2.5

Sqft

1,436

Year Built

1973

Days on Market

8

Property Type

Condo

HOA/mo

$440

MLS ID

NDP2602609

Description

Welcome to affordable living in the heart of La Costa. This fantastic move in ready condo has so much to offer. End Unit with no one above or below, dual primary bedrooms upstairs with vaulted ceilings. The main primary features its own private balcony with sweeping views of the easterly mountains, extra loft space and custom built additional closet space for ample storage. Property also features two fireplaces located in the main primary room and family room area. Recent upgrades and additions to this unit include newer carpet, water heater and AC unit (2023) and brand new luxury vinyl planking in the bathrooms, entryway and kitchen. Upgraded windows, custom cabinetry, granite countertops, washer dryer hook ups and more. The owner invested almost twenty two thousand in OWNED SOLAR that was completed in Sept of 2023. Talk about ideal location! Close to the 5 freeway, steps from Omni La Costa Resort and golf course, Across the street from Cinepolis, shopping, restaurants and less than three miles to the coast. Ample resort like amenities include: tennis/pickleball courts (currently under construction), two pools, two hot tubs, two saunas with showers, BBQ.s and community laundry. Meander over the babbling brooks and bridges that create a peaceful and serene ambience throughout the complex. Pride of ownership from previous owners that lived there for over twenty seven years. Come see this fantastic opportunity and make it yours.

Mortgage Calculator

Est. Monthly Payment

$5,169

Principal & Interest$3,767
Property Tax$745
Insurance$217
HOA$440
%($149,000)
%

Investment Score

5D
Est. Monthly Rent
$3,837
Monthly Cashflow

Rent − PITI − HOA

$-1,332
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,835

Mortgage (P+I)
$3,767
Cap Rate
1.50%
Cash-on-Cash
-22.84%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$7,519

NOI (Annual)
$11,180
Price-to-Rent

Lower = better for investors

16.2

* 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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