3738 Fallon Circle
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3738 Fallon Circle

C

Carmel Valley, CA 92130

$1,499,000

Beds

3

Baths

2.5

Sqft

1,602

Year Built

1988

Days on Market

8

Property Type

Condo

HOA/mo

$634

MLS ID

NDP2605626

This property is in Carmel Valley (92130). View neighborhood stats →

Virtual Tour

About This Property

Beautiful highly upgraded luxury townhome condo with Primary bedroom downstairs in desirable East Bluff in Del Mar Heights. Welcome to this tastefully updated townhome in the sought-after Carmel Valley community of East Bluff. Nestled in a special Spanish-style enclave with lush greenbelts and tree-lined streets, this home offers the perfect blend of coastal convenience, low maintenance living, and modern comfort. Step inside to find a light-filled, open concept interior featuring luxury renovation through-out. The kitchen boasts updated cabinets, quartz countertops, & stainless steel appliances. Spacious living areas flow seamlessly to the very private, fenced patio and backyard, a true highlight that provides a lovely outdoor retreat. The natural elevation and backing to greenbelt with lots of trees create an exceptional sense of seclusion and privacy. Dine al fresco under the surrounding trees or enjoy morning coffee in the relaxing gated newly landscaped front courtyard. The FLOORPLAN 3 is widely considered the most desirable in the complex---with the primary bedroom and bath downstairs, along with another half bath, kitchen, desk area, wine bar, laundry & living room w/ fireplace --it can easily be one story living making it highly coveted. Upstairs are two additional good sized bedrooms and a bath with contemporary finishes. Ceiling fans in all bedrooms and living room AND A/C in this condo! Tankless water heater in the attached 2 car garage w/ lots of storage cabinets, overhead racks and a LEVEL 2 EV Charger! Even a pull-down ladder for attic storage! Community amenities include pools and spas, walking trails and expansive green spaces. Super easy access to shopping and dining right across the street at One Paseo and the Del Mar Heights Town Center. I-5 is close for access to all of San Diego and just minutes to world famous Del Mar Village and Beach! Ideally located near award-winning schools! Whether you're a young professional, a growing family, empty-nesters, or seeking a lock-n-go coastal retreat, this turnkey townhome delivers effortless living in one of San Diego's most desirable North County neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$10,150

Principal & Interest$7,580
Property Tax$1,499
Insurance$437
HOA$634
%($299,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,614
Monthly Cashflow

Rent − PITIA

$-5,536
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,846

Mortgage (P+I)
$7,580
Cap Rate
-0.21%
Cash-on-Cash
-31.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$14,804

NOI (Annual)
$-3,197
Price-to-Rent

Lower = better for investors

27.1

* 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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