
3868 Avenida Feliz
Ctop 80%Rancho Santa Fe, CA 92091
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$12,746/mo full cashflow at 20% down, 7.43% rate.
Works at $835,398 (67% under asking), or at 94% down.
Rent $8,344/mo from 12 leases of 4-bed houses within 2 mi ($8,048–$11,066).
Beds
4
Baths
3
Sqft
2,327
Year Built
1971
Days on Market
147
Property Type
Single Family
HOA/mo
$8.33
MLS ID
260014569SD
This property is in Rancho Santa Fe (92091). Browse neighborhood analytics →
About This Property
Fantastic Property Located in the prestigious Whispering Palms community of Rancho Santa Fe, 3868 Avenida Feliz is a versatile single-family home offering a blend of classic charm and modern updates. This spacious residence features 4 bedrooms and 3 full bathrooms with Dual Primary Suites. Originally a single-level home, a 2012 remodel added a second-story primary suite, complementing the existing entry-level primary bedroom and an extensively renovated home with high-end appliances, the Chef's Kitchen includes a Bertazzoni range, Sub-Zero refrigerator, Carrera marble countertops, and a classic apron sink. The home is appointed with gorgeous Hickory hardwood flooring and tile throughout along with a cozy fireplace in the living room. Set on a flat 6,970 sq. ft. lot, the property includes landscaped front yard and easy maintenance back yard that includes a half pipe skate ramp. Parking & Utilities features a 2-car attached garage, central cooling, forced air heating, and a tankless water heater. And if that wasn't enough! The home is within walking distance of the new La Valle Coastal Club & Golf Resort, which offers Golf, Tennis, Pickle Ball, a Fitness Facility, and Spa. Prime Location: Ideally situated just 4.6 miles from the Del Mar beaches and served by the highly rated San Dieguito Union High School District. Residents benefit from exceptionally low homeowner association fees, currently estimated at just $100 per year.
Mortgage Calculator
Est. Monthly Payment
$17,092
Location
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Zoned Schools
Elementary
Solana Santa Fe Elementary · grades K-6 · Solana Beach Elementary
Middle
Earl Warren Middle · grades 7-8 · San Dieguito Union High
High
Torrey Pines High · grades 9-12 · San Dieguito Union High
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
3 comps foundThis Property
$8,344
Comp Average
$8,639
16025 Via Dicha
4bd / 3.5ba · 3,264 sqft · Single Family
$2.69M
Est. $11,634/mo
3805 Avenida Feliz
3bd / 2.5ba · 2,056 sqft · Single Family
$3.00M
Est. $7,025/mo
15954 Via Broma
3bd / 3ba · 2,177 sqft · Single Family
$3.46M
Est. $7,258/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 4-bed houses within 2 mi · $8,048–$11,066
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$12,746/mo short at 20% down; 94% down or +$16,554/mo rent closes it.
- Break-even price
- $835,398
- Break-even rent
- $24,898/mo
- Cashflow at 35% down
- −$10,147/mo
- Down payment to break even
- 94%
- Rate to break even
- Not reachable
67% under asking
$16,554/mo above the estimate
$2,345,300 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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