405 Requeza Street
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405 Requeza Street #H9

D

Encinitas, CA 92024

$699,000

Soft Appraisal Value: $684,800 · 2.1% above estimate

Beds

1

Baths

1

Sqft

744

Year Built

1974

Days on Market

49

Property Type

Condo

HOA/mo

$595

MLS ID

NDP2602821

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

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About This Property

Reduced $699,000! 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 home 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, two parking spaces, gated access, water, sewer and trash services, with HOA fees of $595/month. Furnishings are negotiable to make this your turn-key beach retreat!

Mortgage Calculator

Est. Monthly Payment

$5,032

Principal & Interest$3,535
Property Tax$699
Insurance$204
HOA$595
%($139,800)
%

Location

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Investment Score

20D
Est. Monthly Rent
$2,934
Monthly Cashflow

Rent − PITIA

$-2,099
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,356

Mortgage (P+I)
$3,535
Cap Rate
0.31%
Cash-on-Cash
-28.81%
DSCR

Need ≥ 1.25 for DSCR loan

0.58
Break-even Rent
$7,292

NOI (Annual)
$2,144
Price-to-Rent

Lower = better for investors

19.9

* 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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