423 S Sierra Avenue 170
Dbottom 20%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: -$10,049/mo full cashflow at 20% down, 7.49% rate.
Works at $446,125 (74% under asking); even all cash loses money at asking.
Rent $5,735/mo from 8 leases of 3-bed condos & townhomes within 0.5 mi, same school area ($5,721–$7,938).
Beds
3
Baths
3
Sqft
1,440
Year Built
1975
Days on Market
18
Property Type
Condo
HOA/mo
$975
MLS ID
NDP2608735
This property is in Solana Beach (92075). View neighborhood stats →
Mortgage Calculator
Est. Monthly Payment
$13,008
Location
Loading map...
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
$5,735
Comp Average
$5,710
131 Iguala Ct
2bd / 2ba · 1,344 sqft · Condo
$1.25M
Est. $5,057/mo
111 Delicias Ct
3bd / 2ba · 1,610 sqft · Condo
$1.50M
Est. $5,596/mo
411 Sierra
2bd / 2.5ba · 1,440 sqft · Condo
$1.65M
Est. $6,002/mo
423 Sierra Avenue
3bd / 2.5ba · 1,440 sqft · Condo
$1.70M
Est. $5,735/mo
591 Sierra
2bd / 2.5ba · 1,604 sqft · Condo
$1.95M
Est. $6,162/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3-bed condos & townhomes within 0.5 mi, same school area · $5,721–$7,938
Blended 50/50 with the zip's market median ($5,404)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$10,049/mo short at 20% down; +$13,051/mo rent closes it.
- Break-even price
- $446,125
- Break-even rent
- $18,786/mo
- Cashflow at 35% down
- −$8,217/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$13,051/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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.
Open Full Calculator