1974 Manchester Avenue
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1974 Manchester Avenue

D

Cardiff-by-the-Sea, CA 92007

$2,699,000
NEW — 3d

Soft Appraisal Value: $2,637,000 · 2.4% above estimate

Beds

3

Baths

2

Sqft

1,140

Year Built

1952

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2604544

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

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About This Property

First time on the market in 54 years, this rare Cardiff gem presents an incredible opportunity to own a piece of coastal charm in the highly sought-after Composer District. Full of character and timeless craftsmanship, this single-level 3-bedroom, 2-bath beach home sits on a serene and private 6,000 sq. ft. lot surrounded by mature trees with no neighbors behind. Adding to its appeal, the property includes a large additional structure (used previously as a martial arts studio), R-2 zoning, and the potential for ocean views from a future second story-offering endless possibilities for expansion, redevelopment, or creating your coastal dream retreat. Ideally located west of the freeway, this home is just a short stroll to Cardiff’s iconic beaches, Seaside Market, VG’s Donuts, acclaimed restaurants, the Cardiff Rail Trail, and award-winning schools. Whether you preserve its classic charm or reimagine it into something new, this property captures the very best of the Southern California coastal lifestyle!

Mortgage Calculator

Est. Monthly Payment

$17,134

Principal & Interest$13,648
Property Tax$2,699
Insurance$787
%($539,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,729
Monthly Cashflow

Rent − PITIA

$-11,405
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,971

Mortgage (P+I)
$13,648
Cap Rate
-0.59%
Cash-on-Cash
-33.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$25,172

NOI (Annual)
$-15,886
Price-to-Rent

Lower = better for investors

39.3

* 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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