350 El Camino Real
1 / 20

350 El Camino Real #41

A

Encinitas, CA 92024

$299,000
NEW — 2d

Soft Appraisal Value: $296,200 · 0.9% above estimate

Beds

2

Baths

2

Sqft

1,440

Year Built

1975

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

PTP2603773

This property is in Encinitas (92024). View neighborhood stats →

Virtual Tour

About This Property

If you’re looking to downsize or retire close to the beach, then look no further! This “ground set” 55+/45 community is unique to other mobile home communities in that the homes are set lower into the ground making it so there are no stairs to climb. This beautifully upgraded home offers a light and bright floorplan! 2 spacious bedrooms, 2 full bathrooms, open concept living and dining room, well designed kitchen with stainless appliances, family room and a dedicated laundry area, too, large enough for full size washer/dryer and utility sink. The living room windows are adorned with custom shutters, all flooring throughout the home is a deep wood grained looking plank, newer water heater, furnace and central A/C. Enjoy abundant natural light and refreshing coastal breezes that flow throughout the space, creating a bright, airy atmosphere that perfectly complements the relaxed Encinitas beach lifestyle. Large windows and inviting indoor-outdoor living spaces allow you to take full advantage of Southern California’s year-round sunshine and mild coastal climate. This home is on “annual registration” which means “no property tax”. You will enjoy a covered carport for parking 2 cars, 2 outdoor sheds for additional storage and a covered patio that spans the length of the home. This tucked away park is a private enclave of terraced hillside homes. For those who enjoy walking, you are well within walking distance to shopping centers, grocery stores, restaurants, cafes, medical offices, craft/home improvement stores and truly just about anything you could possibly need. Located approximately 4 miles to Encinitas’ renowned coastline, you can easily enjoy beach walks, ocean sunsets and the laid-back North County lifestyle. The community offers great amenities too, including a pool, spa, putting green, billiards and more including water, cable TV and internet for your home. Don’t miss your opportunity to live the north county coastal lifestyle at an affordable price!

Mortgage Calculator

Est. Monthly Payment

$1,898

Principal & Interest$1,512
Property Tax$299
Insurance$87
%($59,800)
%

Location

Loading map...

Investment Score

80A
Est. Monthly Rent
$1,944
Monthly Cashflow

Rent − PITIA

+$46
Full Cashflow

Incl. vacancy, PM, maint, capex

$-650

Mortgage (P+I)
$1,512
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,788

NOI (Annual)
$10,341
Price-to-Rent

Lower = better for investors

12.8

* 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.

Get Expert AnalysisOpen Full Calculator