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4015 Carmel View Rd 179

Btop 30%

Carmel Valley, CA 92130

$539,000

STR: check · no permits in this complex · TOT 11.75%

9 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 10, 2026.

No unit in this 68-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$2,421/mo full cashflow at 20% down, 7.43% rate.

Works at $223,763 (58% under asking), or at 85% down.

Rent $2,829/mo from 37 leases of studio–2 bed condos & townhomes within 0.5 mi, same school area ($2,760–$3,036).

Beds

Baths

Sqft

742

Year Built

1989

Days on Market

Property Type

Condo

HOA/mo

$460

MLS ID

NDP2607451

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

Virtual Tour

About This Property

1 Bedroom, 1 Bathroom condo located in the desirable Arborlake complex in the heart of Carmel Valley. Peaceful, elevated location within the complex with pleasant area views. Park-like setting and lush landscaping throughout the community with koi ponds, fountains, and waterfalls. The unit is well-maintained. Features interior laundry and 1 assigned carport parking space with storage. Amenities include walking paths, swimming pool, two spas, clubhouse, and two lighted tennis courts. Conveniently located to shopping, parks, beaches, top-rated schools, and freeways.

Mortgage Calculator

Est. Monthly Payment

$4,151

Principal & Interest$2,994

Property Tax$539

Insurance$157

HOA$460

Down Payment

%($107,800)

Interest Rate

Loan Term

Location

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Zoned Schools

Elementary
Carmel Del Mar Elementary · grades K-6 · Del Mar Union Elementary
Middle
Carmel Valley 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

5 comps found

This Property

$2,829

Comp Average

$2,813

12570 Carmel Creek Road

1bd / 1ba · 638 sqft · Condo

$575K

Est. $2,702/mo

4049 Carmel View Rd

1bd / 1ba · 742 sqft · Condo

$600K

Est. $2,824/mo

12360 Carmel Country Rd

1bd / 1ba · 783 sqft · Condo

$615K

Est. $2,815/mo

12253 Carmel Vista Rd.

1bd / 1ba · 791 sqft · Condo

$594K

Est. $2,823/mo

No photo

12291 Carmel Vista Rd

1bd / 1ba · 791 sqft · Condo

$629K

Est. $2,903/mo

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

42B

Est. Monthly Rent

$2,829

37 leases of studio–2 bed condos & townhomes within 0.5 mi, same school area · $2,760–$3,036

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$1,321

Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,421

What would make this work?

$2,421/mo short at 20% down; 85% down or +$3,144/mo rent closes it.

Break-even price: $223,763
Break-even rent: $5,973/mo
Cashflow at 35% down: −$1,860/mo
Down payment to break even: 85%
Rate to break even: Not reachable

Mortgage (P+I)

$2,994

Cap Rate

1.59%

Cash-on-Cash

-26.95%

DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)

$8,575

Price-to-Rent

Lower = better for investors

15.9

* 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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BCashflow−$2,421/mo