2449 Manchester Ave Cardiff By The Sea
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2449 Manchester Ave Cardiff By The Sea

D

Cardiff-by-the-Sea, CA 92007

$2,759,000

Soft Appraisal Value: $2,666,400 · 3.5% above estimate

Beds

3

Baths

2.5

Sqft

1,222

Year Built

1957

Days on Market

45

Property Type

Single Family

HOA/mo

N/A

MLS ID

260009270SD

This property is in Cardiff-by-the-Sea (92007). View neighborhood stats →

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About This Property

Positioned in the heart of Cardiff, this charming coastal bungalow features an attached ADU, ocean views, paid solar, a newer roof, a swim spa, and upgraded electrical and plumbing! There is additional value in the ongoing plans for a 2-BD ADU with ocean views above a garage, creating future expansion and income potential, or build 2 twin homes. The current ADU is a fantastic rental, guesthouse, office, or hangout space. This is your opportunity to be close to the lagoon, trails, beaches, restaurants, and all Cardiff has to offer. WELCOME HOME!

Mortgage Calculator

Est. Monthly Payment

$17,515

Principal & Interest$13,951
Property Tax$2,759
Insurance$805
%($551,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,515
Monthly Cashflow

Rent − PITIA

$-11,000
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,798

Mortgage (P+I)
$13,951
Cap Rate
-0.37%
Cash-on-Cash
-32.18%
DSCR

Need ≥ 1.25 for DSCR loan

0.37
Break-even Rent
$25,733

NOI (Annual)
$-10,159
Price-to-Rent

Lower = better for investors

35.3

* 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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