405 Requeza St
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405 Requeza St #H12

B

Encinitas, CA 92024

$599,000
NEW — 2d

Soft Appraisal Value: $579,300 · 3.4% above estimate

Beds

1

Baths

1

Sqft

722

Year Built

1974

Days on Market

2

Property Type

Condo

HOA/mo

$595

MLS ID

260016880SD

This property is in Encinitas (92024). View neighborhood stats →

About This Property

Nestled in the heart of Encinitas, this beautifully updated upper level condo offers an exceptional blend of comfort, style, and convenience. Featuring one spacious bedroom plus a versatile optional room that can easily function as a second bedroom, home office, guest space, or dining area, this move in ready home offers flexible living to fit your lifestyle. The updated kitchen features quartz countertops, fresh paint, and a thoughtfully designed laundry area with an in unit washing machine. Luxury vinyl plank flooring extends throughout much of the home, while additional recent improvements include dual pane windows and sliding glass doors with updated window treatments, ceiling fans, and an electric fireplace with a wall heater that creates a warm and inviting living space. The remodeled bathroom showcases a stunning porcelain and quartz tile shower, while a skylight fills the flexible bonus room with natural light. Ideally located just minutes from Encinitas's renowned beaches, restaurants, shopping, and convenient freeway access, this is an exceptional opportunity to enjoy low maintenance coastal living in one of North County's most desirable communities.

Mortgage Calculator

Est. Monthly Payment

$4,398

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$595
%($119,800)
%

Location

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Investment Score

32C
Est. Monthly Rent
$2,953
Monthly Cashflow

Rent − PITIA

$-1,445
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,623

Mortgage (P+I)
$3,029
Cap Rate
0.81%
Cash-on-Cash
-26.28%
DSCR

Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$6,360

NOI (Annual)
$4,868
Price-to-Rent

Lower = better for investors

16.9

* 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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