243 S Sierra Ave
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243 S Sierra Ave

D

Solana Beach, CA 92075

$1,699,900
NEW — 4d

Beds

3

Baths

3

Sqft

1,710

Year Built

1991

Days on Market

4

Property Type

Townhouse

HOA/mo

$325

MLS ID

260011972SD

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

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About This Property

Steps to the beach! Experience coastal living in this updated, end-unit beachside home primely located walking distance to local shops, cafes, restaurants, the Coaster, Belly Up, and surf & sand of Solana Beach's Fletcher Cove, Seascape and Del Mar Dog Beaches. The home features soaring vaulted ceilings and an open concept floor plan highlighting three en-suite bedrooms–each with their own private balcony, a spacious kitchen with updated cabinets and new stainless appliances, dual master suites, and new luxury vinyl plank flooring throughout. Additional features include a directly-accessed attached two-car garage with storage area, remodeled master bath, and new tankless water heater. Whether you’re looking for a primary residence, vacation home, or rental investment property, this walk-to-beach home checks every box!

Mortgage Calculator

Est. Monthly Payment

$11,116

Principal & Interest$8,596
Property Tax$1,700
Insurance$496
HOA$325
%($339,980)
%

Location

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Investment Score

5D
Est. Monthly Rent
$5,950
Monthly Cashflow

Rent − PITIA

$-5,167
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,952

Mortgage (P+I)
$8,596
Cap Rate
0.45%
Cash-on-Cash
-28.07%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$16,277

NOI (Annual)
$7,728
Price-to-Rent

Lower = better for investors

23.8

* 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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