350 N El Camino Real
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350 N El Camino Real #72

A

Encinitas, CA 92024

$229,000
NEW — 2d

Soft Appraisal Value: $229,900 · 0.4% below estimate

Beds

2

Baths

2

Sqft

1,536

Year Built

1974

Days on Market

2

Property Type

Mfd/Mobile Home

HOA/mo

N/A

MLS ID

NDP2511265

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

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About This Property

Motivated seller—recent major price reduction—bring all offers!! Experience the pinnacle of 55+ living in this beautifully updated, turn-key home perched at the highest peak of a quiet cul-de-sac in Green Valley Mobile Estates. This unique residence boasts magnificent, unobstructed views of the surrounding hills and is located minutes from the beach, downtown Encinitas, and world-class shopping, and  a short walk from the community clubhouse and pool. The interior is exceptionally spacious and airy, featuring cathedral ceilings throughout, floor-to-ceiling windows, and a skylight that floods the space with natural warmth. Move right in and enjoy a beautifully remodeled kitchen and designer bathrooms. Designed for effortless living, the home is level-set to the ground with no stairs for easy entry and exit. Extensive recent upgrades include fresh interior and exterior paint, a brand-new water heater, and new support pads and piers. Step outside to a professionally landscaped yard and soak in what are arguably the best valley views in the park. Green Valley Mobile Estates offers a resort lifestyle with a clubhouse, pool, spa, putting green, and RV parking. This home represents one of the best views and values currently available in Encinitas—the seller is ready to move forward, so schedule your showing today and bring an offer.

Mortgage Calculator

Est. Monthly Payment

$1,454

Principal & Interest$1,158
Property Tax$229
Insurance$67
%($45,800)
%

Location

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Investment Score

82A
Est. Monthly Rent
$1,489
Monthly Cashflow

Rent − PITIA

+$35
Full Cashflow

Incl. vacancy, PM, maint, capex

$-498

Mortgage (P+I)
$1,158
Cap Rate
3.46%
Cash-on-Cash
-13.05%
DSCR

Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$2,136

NOI (Annual)
$7,916
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.

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