
429 S Sierra Ave 151
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: -$9,132/mo full cashflow at 20% down, 7.36% rate.
Works at $455,028 (72% under asking); even all cash loses money at asking.
Rent $5,523/mo from 2 leases in this building ($5,249–$5,797).
Beds
2
Baths
3
Sqft
1,422
Year Built
1975
Days on Market
1
Property Type
Condo
HOA/mo
$775
MLS ID
260027026SD
This property is in Solana Beach (92075). View neighborhood stats →
About This Property
Just steps from the sand, this beautifully updated Solana Beach property offers an incredible opportunity for a coastal second home, vacation getaway, or investment property! Currently enjoyed as a part-time beach retreat and utilized as an Airbnb rental, the property has consistently attracted bookings, combining personal enjoyment with rental potential. Located in one of San Diego's most desirable beach communities, this inviting home is perfectly positioned for morning beach walks, breathtaking sunsets, and coastal living. Inside, you'll find stylish cabinetry, updated flooring, and a welcoming living room with a cozy fireplace. The gated community offers resort-style amenities, including multiple pools, spas, tennis courts, a recreation room, peaceful koi ponds, and lush landscaping. Enjoy walking to popular restaurants, boutique shops, local attractions, and the nearby Coaster and Amtrak station. Two parking spaces and additional storage add everyday convenience, while the option to purchase furnished makes this an appealing turnkey opportunity. Whether you're seeking a primary residence, second home, or potential investment, enjoy the beautiful sunsets, walkable community, and relaxed coastal lifestyle that make Solana Beach so special!
Mortgage Calculator
Est. Monthly Payment
$12,010
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
$5,523
Comp Average
$5,874
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. $5,184/mo
411 Sierra
2bd / 2.5ba · 1,440 sqft · Condo
$1.65M
Est. $6,025/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
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
2 leases in this building · $5,249–$5,797
Thin data: only 2 leases behind this number.
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,132/mo short at 20% down; +$11,859/mo rent closes it.
- Break-even price
- $455,028
- Break-even rent
- $17,382/mo
- Cashflow at 35% down
- −$7,425/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
72% under asking
$11,859/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, 7.36% 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