211 Ocean St

211 Ocean St

D

Solana Beach, CA 92075

$4,795,000

Soft Appraisal Value: $4,610,800 · 4.0% above estimate

Beds

3

Baths

2

Sqft

1,259

Year Built

1955

Days on Market

115

Property Type

Single Family

HOA/mo

N/A

MLS ID

250045641SD

Description

Welcome to one of Solana Beach’s most charming coastal havens. 211 Ocean St elevates beach living on an ultra-rare **8,300 SF flat, all-usable lot—over twice the neighborhood standard—**just steps to Tide Park and the iconic Table Tops surf break. Nestled on an exceptionally quiet, low-traffic street, this property presents a once-in-a-generation opportunity to design and build your dream estate with ample room for an ADU, pool, and expansive outdoor living. Located in one of San Diego’s most coveted beachside neighborhoods, enjoy effortless walkability to restaurants, boutiques, and entertainment along historic HWY 101 and the Cedros Design District. Savor endless sunsets, beach walks, world-class surfing, and the relaxed luxury that defines Solana Beach living. With extraordinary redevelopment potential—from a full custom build to a high-value remodel or Short-Term Vacation Rental investment—this property offers unmatched flexibility. Formerly approved development plans available upon request.

Mortgage Calculator

Est. Monthly Payment

$30,440

Principal & Interest$24,246
Property Tax$4,795
Insurance$1,399
%($959,000)
%

Investment Score

0D
Est. Monthly Rent
$6,217
Monthly Cashflow

Rent − PITIA

$-24,223
Full Cashflow

Incl. vacancy, PM, maint, capex

$-29,649

Mortgage (P+I)
$24,246
Cap Rate
-1.35%
Cash-on-Cash
-37.10%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.20
Break-even Rent
$44,722

NOI (Annual)
$-64,833
Price-to-Rent

Lower = better for investors

64.3

* 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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