217 Sanford Street
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217 Sanford Street

C

Encinitas, CA 92024

$2,699,999
NEW — 2d

Soft Appraisal Value: $1,826,500 · 47.8% above estimate

Beds

3

Baths

2.5

Sqft

1,689

Year Built

2001

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605495

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

Own a rare slice of coastal paradise in the heart of Leucadia! Set behind gates on a private 7,500-square-foot lot, this charming 3-bedroom, 2-bath home offers 1,689 square feet of living space and an unbeatable lifestyle just moments from the beach. The property also features an approximately 950-square-foot detached garage with a half bath, presenting exceptional ADU potential for multigenerational living, guest accommodations, a home office, or rental income. Perfectly positioned across from Leucadia Oaks Park and just a short stroll to Grandview Beach, you'll enjoy everything that makes Leucadia one of Southern California's most sought-after coastal communities. Walk or bike to local coffee shops, acclaimed restaurants, breweries, surf shops, and boutique shopping. Located within an award-winning school district, this property offers the ideal combination of privacy, convenience, and future potential. This is a property you won't want to miss!

Mortgage Calculator

Est. Monthly Payment

$17,140

Principal & Interest$13,653
Property Tax$2,700
Insurance$787
%($540,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,504
Monthly Cashflow

Rent − PITIA

$-12,636
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,922

Mortgage (P+I)
$13,653
Cap Rate
-1.01%
Cash-on-Cash
-35.38%
DSCR

Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$25,181

NOI (Annual)
$-27,227
Price-to-Rent

Lower = better for investors

50.0

* 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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