444 El Camino Real
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444 El Camino Real #146

D

Encinitas, CA 92024

$780,000
NEW — 2d on market

Beds

3

Baths

2

Sqft

1,564

Year Built

2006

Days on Market

2

Property Type

Manufactured

HOA/mo

$285

MLS ID

NDP2603454

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

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About This Property

This beautifully upgraded 3-bedroom, 2-bath manufactured home offers 1,564 sq ft of spacious living in a highly desirable 55+ land-owned community—where you own the land (433A certified) and enjoy low-maintenance, resort-style living. Built in 2006 and extensively upgraded, this home features soaring high ceilings, an open-concept layout, and abundant natural light throughout. The inviting living room has a fireplace, creating the perfect space to relax or entertain. The chef-inspired kitchen showcases a quartz center island, ample cabinetry, and a NEW microwave (2025), seamlessly flowing into the dining and living areas. Recent improvements provide exceptional value and peace of mind, including a NEW roof (2025), new dual-pane windows, new water-resistant flooring, and a fully updated forced-air furnace. Additional upgrades include plantation shutters and a chair lift with remote control, offering both style and enhanced accessibility. The custom-built garage (2017) is a rare bonus, featuring an insulated garage door, automatic opener, built-in storage cabinets, and a 100-amp circuit breaker, ideal for additional power needs or workshop use. The exterior has been enhanced with a new concrete driveway and elegant porcelain tile sidewalks, boosting curb appeal and durability. Enjoy exceptional outdoor living with two covered patios plus two patio awnings in the backyard, perfect for entertaining or relaxing year-round. The low-maintenance turf landscaping, along with mature avocado and orange trees, creates a private and inviting outdoor retreat. Located in a vibrant, resident-owned 55+ community, residents enjoy resort-style amenities including a pool and spa, and a well-appointed clubhouse featuring a library, billiards room, kitchen, shuffleboard, and fitness center—ideal for an active and social lifestyle. Prime Encinitas location just minutes to beaches, shopping, dining, and easy freeway access. Turnkey, highly upgraded, and move-in ready—this is coastal 55+ living at its finest!

Mortgage Calculator

Est. Monthly Payment

$5,237

Principal & Interest$3,944
Property Tax$780
Insurance$227
HOA$285
%($156,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$3,510
Monthly Cashflow

Rent − PITIA

$-1,726
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,183

Mortgage (P+I)
$3,944
Cap Rate
1.17%
Cash-on-Cash
-24.49%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.67
Break-even Rent
$7,644

NOI (Annual)
$9,128
Price-to-Rent

Lower = better for investors

18.5

* 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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