264 24th Street
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264 24th Street

D

Del Mar, CA 92014

$5,950,000
NEW — 0d

Beds

3

Baths

4

Sqft

1,856

Year Built

2020

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011273SD

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

About This Property

Nestled in the heart of the Del Mar Beach Colony, this coastal retreat blends timeless Hamptons-inspired design with the relaxed sophistication of Southern California living. Just steps from the sand, this turnkey 2020-built home offers 3 bedrooms plus an office, 4 baths, and seamless indoor-outdoor living designed for effortless beachside entertaining. The gourmet kitchen features sleek marble countertops and premium stainless steel Viking appliances, opening naturally to spaces made for gathering, relaxing, and everyday ease. A cozy fireplace anchors the living area, creating a warm and inviting place to unwind after a day at the beach. Outside, the large private yard is a rare luxury in the Beach Colony, offering exceptional space for entertaining and leisure with a fire pit, Jacuzzi, BBQ grill, dedicated dog run, water wall, and mini golf area. With its coveted location, thoughtful design, generous outdoor space, and strong rental income potential, this is Del Mar coastal living with polish, privacy, and exceptional flexibility.

Mortgage Calculator

Est. Monthly Payment

$37,772

Principal & Interest$30,086
Property Tax$5,950
Insurance$1,735
%($1,190,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$9,059
Monthly Cashflow

Rent − PITIA

$-28,712
Full Cashflow

Incl. vacancy, PM, maint, capex

$-35,754

Mortgage (P+I)
$30,086
Cap Rate
-1.14%
Cash-on-Cash
-36.05%
DSCR

Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$55,493

NOI (Annual)
$-68,015
Price-to-Rent

Lower = better for investors

54.7

* 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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