405 Requeza Street

405 Requeza Street #H9

D

Encinitas, CA 92024

$715,000
NEW — 4d on market

Soft Appraisal Value: $718,000 · 0.4% below estimate

Beds

1

Baths

1

Sqft

744

Year Built

1974

Days on Market

4

Property Type

Condo

HOA/mo

$595

MLS ID

NDP2602821

Description

This Encinitas condo is the perfect blend of convenience and efficiency! Offering one bedroom, one bathroom, plus a second flex room with a built-in Murphy bed that functions as a guest room or office space! Recently upgraded with luxury vinyl plank flooring, dual A/C mini splits, new patio fencing, new bathroom vanity, fresh interior paint, baseboards, moldings, ceiling fans, and an in-unit combo washer/dryer. Ideally located for quick access to downtown Encinitas shops and restaurants, world-class beaches, the Coaster Station, and the 5 Freeway. Other features include a newer front door, two large sliding doors to the private patio with café lights, a walk-in closet in the primary, and a stainless refrigerator. The Regal View community offers a pool, laundry rooms, dog park, water, trash, two parking spaces, and gated access with HOA fees of $595/month. Furnishings are negotiable to make this your turn-key beach retreat!

Mortgage Calculator

Est. Monthly Payment

$5,134

Principal & Interest$3,615
Property Tax$715
Insurance$209
HOA$595
%($143,000)
%

Investment Score

3D
Est. Monthly Rent
$3,411
Monthly Cashflow

Rent − PITI − HOA

$-1,723
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,104

Mortgage (P+I)
$3,615
Cap Rate
0.86%
Cash-on-Cash
-26.05%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.66
Break-even Rent
$7,442

NOI (Annual)
$6,140
Price-to-Rent

Lower = better for investors

17.5

* 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.

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