411 Sierra #179
Ctop 80%Solana Beach, CA 92075
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: -$8,993/mo full cashflow at 20% down, 7.43% rate.
Works at $477,110 (71% under asking), or at 99% down.
Rent $6,025/mo from 11 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($5,203–$6,567).
Beds
2
Baths
2.5
Sqft
1,440
Year Built
1975
Days on Market
47
Property Type
Condo
HOA/mo
$975
MLS ID
260023394SD
This property is in Solana Beach (92075). View neighborhood stats →
About This Property
Your ideal beach pad awaits in this beautifully upgraded condo just a short stroll from the surf and sand. Located down a quiet lane in the Solana Beach and Tennis Club, this two story gem provides provides peace, privacy and easy access to spectacular amenities. Fully upgraded with a designer's eye, unique features include a fully remodeled kitchen, upgraded baths, New flooring, recessed lighting, custom wood stairway and all new interior doors. Unique architectural touches including interior transom windows and a wonderful third floor loft set this seaside home apart. Amenities at the club include 4 tennis courts, a generous pool, 2 spas, a community clubhouse, and beach stairs to the sand just outside the gate. Only minutes from the Cedros design district, the Del Mar Racetrack, World-class dining and miles of sandy beaches and coves, this is the just the spot to realize your Endless Summer dream.
Mortgage Calculator
Est. Monthly Payment
$12,259
Location
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Zoned Schools
Elementary
Solana Vista Elementary · grades K-3 · 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
5 comps foundThis Property
$6,025
Comp Average
$5,891
117 Guanajuato Ct
2bd / 2ba · 1,573 sqft · Condo
$1.50M
Est. $6,063/mo
131 Iguala Ct
2bd / 2ba · 1,344 sqft · Condo
$1.25M
Est. $5,113/mo
423 Sierra Avenue
3bd / 2.5ba · 1,440 sqft · Condo
$1.70M
Est. $5,693/mo
533 Sierra
2bd / 2.5ba · 1,544 sqft · Condo
$1.88M
Est. $6,403/mo
591 Sierra
2bd / 2.5ba · 1,604 sqft · Condo
$1.95M
Est. $6,184/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
11 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $5,203–$6,567
Blended 50/50 with the zip's market median ($6,180)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,993/mo short at 20% down; 99% down or +$11,680/mo rent closes it.
- Break-even price
- $477,110
- Break-even rent
- $17,705/mo
- Cashflow at 35% down
- −$7,277/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$11,680/mo above the estimate
$1,631,520 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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