3840 Elijah Ct.
1 / 20

3840 Elijah Ct. #816

C

Carmel Valley, CA 92130

$819,900
NEW — 6d

Soft Appraisal Value: $808,300 · 1.4% above estimate

Beds

2

Baths

2

Sqft

953

Year Built

2002

Days on Market

6

Property Type

Condo

HOA/mo

$395

MLS ID

260016035SD

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

Virtual Tour

About This Property

Welcome home to this highly sought-after Carmel Pointe Community. This convenient yet private first-floor unit offers a peaceful balcony, newly installed recessed lighting in the great room, and newer carpet in the bedrooms (2025), and beautiful wood flooring in the living spaces. Abundant storage spaces, a detached on-car garage & 2 assigned parking spaces. Low HOA fees. Resort-style top-rated amenities including pool, spa, fitness center & clubhouse. Charge station for EV. Close to shopping, dining, theaters, beaches, highways, parks, hospitals, and corporate companies; an easy walk to top-rated Carmel Valley Middle School, Torrey Pines High, and the acclaimed Del Mar Union School District. Close to shopping, dining, theaters, beaches, highways, parks, hospitals, and corporate companies; an easy walk to top-rated Carmel Valley Middle School, Torrey Pines High, and the acclaimed Del Mar Union School District.

Mortgage Calculator

Est. Monthly Payment

$5,600

Principal & Interest$4,146
Property Tax$820
Insurance$239
HOA$395
%($163,980)
%

Location

Loading map...

Investment Score

19D
Est. Monthly Rent
$3,326
Monthly Cashflow

Rent − PITIA

$-2,274
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,722

Mortgage (P+I)
$4,146
Cap Rate
0.62%
Cash-on-Cash
-27.24%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$8,160

NOI (Annual)
$5,086
Price-to-Rent

Lower = better for investors

20.5

* 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