212 Helix Avenue
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212 Helix Avenue

D

Solana Beach, CA 92075

$4,495,000
NEW — 0d

Beds

3

Baths

3

Sqft

2,349

Year Built

2006

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2603758

This property is in Solana Beach (92075). View neighborhood stats →

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About This Property

A rare coastal offering west of Highway 101, this East Coast–inspired residence captures the essence of Nantucket charm with refined, high-end finishes throughout. Built in 2006 and lightly lived in as the previous owner’s guest house until 2023, the home presents in excellent condition. Thoughtfully designed, the interiors showcase hardwood floors, granite countertops, Sub-Zero refrigeration, Wolf appliances, a Bosch dishwasher, and a spa-inspired primary bath. Upgrades include copper gutters, a whole-home sound system, security system, newer HVAC, a tankless water heater, and recently refreshed cabinetry. Set on a highly desirable street, the home offers a peaceful setting with ample parking, just steps from Fletcher Cove’s sandy beaches, park, and community center. Ideal for a lock-and-leave lifestyle, it combines low-maintenance living with effortless coastal elegance. No HOA or Mello-Roos. Enjoy close proximity to the Cedros Design District, top dining, the Solana Beach Train Station, I-5, the Del Mar Racetrack, and award-winning schools.

Mortgage Calculator

Est. Monthly Payment

$28,535

Principal & Interest$22,729
Property Tax$4,495
Insurance$1,311
%($899,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,880
Monthly Cashflow

Rent − PITIA

$-20,655
Full Cashflow

Incl. vacancy, PM, maint, capex

$-26,213

Mortgage (P+I)
$22,729
Cap Rate
-0.93%
Cash-on-Cash
-34.99%
DSCR

Need ≥ 1.25 for DSCR loan

0.28
Break-even Rent
$41,923

NOI (Annual)
$-41,811
Price-to-Rent

Lower = better for investors

47.5

* 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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