489 La Costa Ave
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489 La Costa Ave

C

Encinitas, CA 92024

$2,799,000
NEW — 7d

Soft Appraisal Value: $2,692,600 · 4.0% above estimate

Beds

4

Baths

2.5

Sqft

3,242

Year Built

1980

Days on Market

7

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015082SD

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

About This Property

This property has it ALL! *FULLY PAID SOLAR * FIAT .40 ACRE LOT, *SINGLE LEVEL, *4 BEDROOMS/2.5 BA, * 2 BEDROOM ADU, * WALKING DISTANCE TO A FABULOUS ENCINITAS BEACH (APPX 5 BLOCKS) *FRESHLY PAINTED *NEW CARPET * FABULOUS OUTDOOR ENTERTAINMENT AREA W/TV, REFRIGERATOR, STORAGE SHED &, CHEF'S BBQ CENTER, *FULLY FENCED BACK YARD, *PRIVATE FRONT PATIO AREA, *FIREPLACE, *ATTACHED DOUBLE GARAGE, *EXTRA PARKING (OFF STREET) FOR 8 AUTOS, *RV PARKING WITH HOOK UPS, CENTRAL A/C AND HEAT (SEPARATE SYSTEM FOR ADU) Located near restaurants and easy access for daily commute. Come take a look at this amazing, rarely found, West of Interstate 5, gem!

Mortgage Calculator

Est. Monthly Payment

$17,769

Principal & Interest$14,153
Property Tax$2,799
Insurance$816
%($559,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,645
Monthly Cashflow

Rent − PITIA

$-10,123
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,214

Mortgage (P+I)
$14,153
Cap Rate
-0.03%
Cash-on-Cash
-30.47%
DSCR

Need ≥ 1.25 for DSCR loan

0.43
Break-even Rent
$26,105

NOI (Annual)
$-730
Price-to-Rent

Lower = better for investors

30.5

* 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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