2422 Caminito Ocean Cv Cardiff By The Sea

2422 Caminito Ocean Cv Cardiff By The Sea

D

Cardiff-by-the-Sea, CA 92007

$1,020,000

Soft Appraisal Value: $980,300 · 4.0% above estimate

Beds

2

Baths

1

Sqft

876

Year Built

1974

Days on Market

117

Property Type

Condo

HOA/mo

$510

MLS ID

250044929SD

Description

Cardiff Cove Coastal Retreat – Ocean & Lagoon Views!! This beautiful move-in-ready home offers views of the San Elijo Lagoon and the Pacific Ocean. 2 beds 1 bath (with space to possibly add 1/2 bath or 3/4 bath). Featuring vaulted ceilings, an open and airy floor plan, and a modern kitchen with quartz countertops and stainless steel appliances perfect for cooking and entertaining. This home blends style and comfort seamlessly. Step outside to two private balconies with views of the Lagoon and the Pacific Ocean and take in the ocean breeze. Added conveniences include in-unit laundry room with washer and dryer, a one-car garage, and a private storage space. Located in Cardiff by the Sea, Cardiff Cove offers resort-style amenities including a pool, spa, and lush green spaces. Live the ultimate coastal lifestyle—surf world-class waves, stroll along sandy beaches, hike scenic lagoon trails, and explore vibrant dining and boutique shopping just minutes away. Don’t miss this rare opportunity to own a piece of paradise in North County! Some of the pictures are virtually staged.

Mortgage Calculator

Est. Monthly Payment

$6,985

Principal & Interest$5,158
Property Tax$1,020
Insurance$297
HOA$510
%($204,000)
%

Comparable Properties

1 comp found

This Property

$4,997

vs

Comp Average

$6,275

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

4D
Est. Monthly Rent
$4,997
Monthly Cashflow

Rent − PITI − HOA

$-1,988
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,987

Mortgage (P+I)
$5,158
Cap Rate
1.38%
Cash-on-Cash
-23.45%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.72
Break-even Rent
$10,175

NOI (Annual)
$14,048
Price-to-Rent

Lower = better for investors

17.0

* 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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