308 Glenmont Dr
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308 Glenmont Dr

C

Solana Beach, CA 92075

$3,650,000
NEW — 2d

Beds

4

Baths

3

Sqft

1,720

Year Built

1953

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013815SD

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

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About This Property

This offering is a rare opportunity located in the heart of Solana Beach, west of I-5, with OCEAN VIEWS, and just moments from the Cedros Design District, Fletcher Cove Beach, The Train Station, shops, dining, and everyday conveniences. Situated on a large, versatile lot with multiple paths for ownership, this property offers the flexibility to enjoy today while preserving future possibilities. The property comprises two distinct units, including a 3-bed, 2-bath home and a studio with its own full bathroom, kitchen, cabinetry, and laundry. Whether utilized as a 4-bed, 3-bath residence, an owner-occupied residence with supplemental rental income, or a full investment property, the layout offers exceptional adaptability for a variety of living arrangements and investment strategies. In addition, there are two detached eco-resort-style tents that add valuable flex space for a creative studio, fitness room, workshop, kids’ playroom, or hobby space! For those seeking a larger long-term vision, the seller also has conceptual plans available, prepared by Bokal & Sneed Architects, that illustrate the potential for an approximately 3,900-square-foot residence. Whether you are searching for a primary residence, an income-producing asset, or a property with future potential, this offering presents a unique opportunity to realize those visions in Solana Beach!

Mortgage Calculator

Est. Monthly Payment

$23,171

Principal & Interest$18,456
Property Tax$3,650
Insurance$1,065
%($730,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,215
Monthly Cashflow

Rent − PITIA

$-15,956
Full Cashflow

Incl. vacancy, PM, maint, capex

$-20,658

Mortgage (P+I)
$18,456
Cap Rate
-0.72%
Cash-on-Cash
-33.96%
DSCR

Need ≥ 1.25 for DSCR loan

0.31
Break-even Rent
$34,043

NOI (Annual)
$-26,413
Price-to-Rent

Lower = better for investors

42.2

* 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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