332 Sierra

332 Sierra

Dbottom 20%

Solana Beach, CA 92075

$4,499,999
NEW — 0d

Pass at asking: -$26,762/mo full cashflow at 20% down, 7.43% rate.

Works at $1,015,507 (77% under asking); even all cash loses money at asking.

Rent $10,129/mo from 12 leases of 2–4 bed houses within 0.5 mi ($9,013–$17,029).

Beds

3

Baths

3

Sqft

2,245

Year Built

2007

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026545SD

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

About This Property

Coastal elegance defines this conveniently located, Craftsman style retreat. Rarely available pocket west of 101, this freshly painted home features a renovated kitchen w/ new quartzite counters w/ bar seating, designer hardware & new GE appliances, custom lighting throughout. Designer artsy flare features : Oak floors, solid wood lighting/ fans, built-ins, and a gas fireplace with designer tile and wood slats over painted walls add character. Convenient main level ensuite BR. Primary: sunset view balcony, steam shower, soaking tub & large walk in. Second upstairs bedroom: custom lighting and distinctive wallpaper. Private backyard, turf, surf shower. Attached garage offers office/retreat potential, attic storage, and overhead storage. Freshly painted inside and out, the living area features a gas fireplace surrounded by designer tiles, with custom wood-and-metal shelving and built-in cabinetry provide abundant display and storage in the front flexible space. Wide sliding doors connect the interior to the backyard. An ocean mural and sculptural pendant light accent the upstairs landing. Remodeled kitchen w/ new quartzite countertops, shaker cabinets, designer hardware, gorgeous mosaic tile backsplash,& custom designer wooden lighting fixtures. New GE appliances include an integrated refrigerator, five-burner gas cooktop, and a Wi-Fi-enabled double oven. A wine refrigerator completes the space. All BR are ensuite w/ sliding wooden farmhouse-style doors. The layout includes two bedrooms upstairs and one downstairs. The primary suite offers a private balcony and a walk-in closet with custom built-ins. Its bathroom features an expansive steam shower, separate soaking tub, dual vanity, private water closet, and Designer tile and a custom stone vanity countertop with geode fossil details add individual character. Mature landscaping, low-maintenance turf in the front and back yards, and a private backyard create inviting outdoor spaces. A custom mosaic surfboard outdoor shower and colorful decorative fountain reinforce the home's coastal personality. The one-car garage offers potential for conversion to an office or personal retreat, subject to applicable approvals. Attic storage above the garage is accessed by built-in retractable stairs, while overhead bicycle storage provides additional organization.

Mortgage Calculator

Est. Monthly Payment

$30,812

Principal & Interest$24,999
Property Tax$4,500
Insurance$1,312
%($900,000)
%
Loan Term

Location

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Investment Score

0D
Est. Monthly Rent
$10,129

12 leases of 2–4 bed houses within 0.5 mi · $9,013–$17,029

Monthly Cashflow

Rent − PITIA

-$20,682
Full Cashflow

Incl. vacancy, PM, maint, capex

-$26,762

What would make this work?

$26,762/mo short at 20% down; +$34,756/mo rent closes it.

Break-even price

77% under asking

$1,015,507
Break-even rent

$34,756/mo above the estimate

$44,885/mo
Cashflow at 35% down
−$22,075/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$24,999
Cap Rate
-0.33%
Cash-on-Cash
-35.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.33

NOI (Annual)
-$15,075
Price-to-Rent

Lower = better for investors

37.0

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$26,762/mo