3845 Elijah
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3845 Elijah #624

C

Carmel Valley, CA 92130

$829,000

Soft Appraisal Value: $820,800 · 1.0% above estimate

Beds

2

Baths

2

Sqft

1,102

Year Built

2002

Days on Market

45

Property Type

Condo

HOA/mo

$418

MLS ID

260012920SD

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

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About This Property

Located in the highly sought-after Carmel Pointe community, this bright second-floor condo offers a private balcony with peaceful park-like views. Freshly painted throughout, new carpet. Abundant storage space, a detached one-car garage & one assigned parking. Resort-style amenities including pool, spa, fitness center & clubhouse. Close to shopping, dining, theaters, beaches, highways & parks, with an easy walk to top-rated Carmel Valley Middle, Torrey Pines High and the acclaimed Del Mar Union School District.

Mortgage Calculator

Est. Monthly Payment

$5,681

Principal & Interest$4,192
Property Tax$829
Insurance$242
HOA$418
%($165,800)
%

Location

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Investment Score

23D
Est. Monthly Rent
$3,644
Monthly Cashflow

Rent − PITIA

$-2,037
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,566

Mortgage (P+I)
$4,192
Cap Rate
0.91%
Cash-on-Cash
-25.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$8,275

NOI (Annual)
$7,513
Price-to-Rent

Lower = better for investors

19.0

* 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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