3116 Del Rey Avenue

3116 Del Rey Avenue

D

Carlsbad, CA 92009

$1,199,000
NEW — 1d on market

Beds

3

Baths

2.5

Sqft

2,200

Year Built

1981

Days on Market

1

Property Type

Single Family

HOA/mo

$32

MLS ID

NDP2601581

Description

Tucked onto a private 5,460 sqft corner lot in the heart of La Costa, this 2,200 sqft home presents a rare opportunity. Offering 3 bedrooms and 2.5 bathrooms, the light-filled interior provides generous living spaces and a layout ready to be reimagined for today’s lifestyle. Lovingly maintained with some major components updated over the years (furnace, water heater, landscaping), it offers the opportunity to thoughtfully update and design a home that truly reflects your own style. The lot, the natural light, and the overall feel set the stage for something truly special. Located close to top-rated schools, shopping, dining, parks, hiking trails, and tennis courts, this is a home with exceptional potential, a next chapter waiting to be written, and a rare chance to make your mark in one of La Costa’s most desirable neighborhoods – Corona La Costa.

Mortgage Calculator

Est. Monthly Payment

$7,644

Principal & Interest$6,063
Property Tax$1,199
Insurance$350
HOA$32
%($239,800)
%

Investment Score

4D
Est. Monthly Rent

HUD Fair Market Rent

$5,050
Monthly Cashflow
$-4,754

Mortgage (P+I)
$6,063
Cap Rate
1.31%
Cash-on-Cash
-23.79%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.83
Break-even Rent
$9,400

NOI (Annual)
$15,700
Price-to-Rent

Lower = better for investors

19.8

* Defaults: 20% down, 6.5% rate, 30yr.

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