2133 Cordero Rd.
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2133 Cordero Rd.

C

Del Mar, CA 92014

$4,295,000
NEW — 0d

Beds

3

Baths

4.5

Sqft

2,562

Year Built

1979

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606682

This property is in Del Mar (92014). View neighborhood stats →

Virtual Tour

About This Property

2133 Cordero is a stunning expression of modern coastal living, thoughtfully reimagined through an extensive, top-to-bottom renovation. Blending today's interpretation of mid-century modern design with effortless luxury, this 2,562-square-foot residence offers 3 bedrooms, 4.5 bathrooms, a dedicated office, and a versatile wellness retreat complete with a private sauna and cold plunge—easily converted into a fourth bedroom if desired. Natural light pours through expansive new windows while multiple living spaces capture beautiful ocean views, creating a seamless connection between the home's sophisticated interiors and its idyllic coastal setting. The open-concept floor plan has been reconfigured to maximize flow and functionality, anchored by a designer kitchen with premium finishes and beautifully curated materials throughout.  The primary suite offers a peaceful retreat with ocean vistas, spa-inspired bath, and refined finishes that echo the home's timeless aesthetic. An elevated ocean-view terrace with a private spa provides the perfect setting to unwind while taking in sunsets over the Pacific.  Designed for the active Del Mar lifestyle, the oversized three-car garage is complemented by an exceptional mudroom and drop zone with abundant space for surfboards, bikes, beach gear, and everyday storage. Virtually every aspect of the home has been improved, including a new roof, windows, doors, plumbing, electrical systems, HVAC upgrades, flooring, custom kitchen, all-new bathrooms, lighting, landscaping, decking, exterior finishes, garage improvements, and countless additional enhancements—offering the rare opportunity to own what feels like a brand-new home in one of Southern California's most sought-after coastal communities. Just moments from Del Mar Village, award-winning beaches, restaurants, shopping, and top-rated schools, 2133 Cordero delivers an exceptional blend of design, craftsmanship, and the effortless coastal lifestyle that defines Del Mar.

Mortgage Calculator

Est. Monthly Payment

$27,266

Principal & Interest$21,718
Property Tax$4,295
Insurance$1,253
%($859,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,166
Monthly Cashflow

Rent − PITIA

$-19,100
Full Cashflow

Incl. vacancy, PM, maint, capex

$-24,557

Mortgage (P+I)
$21,718
Cap Rate
-0.79%
Cash-on-Cash
-34.31%
DSCR

Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$40,058

NOI (Annual)
$-34,072
Price-to-Rent

Lower = better for investors

43.8

* 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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