591 Sierra #42
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: -$11,256/mo full cashflow at 20% down, 7.49% rate.
Works at $490,697 (75% under asking); even all cash loses money at asking.
Rent $6,162/mo from 14 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($5,554–$7,008).
Beds
2
Baths
2.5
Sqft
1,604
Year Built
1974
Days on Market
46
Property Type
Condo
HOA/mo
$960
MLS ID
260022931SD
This property is in Solana Beach (92075). View neighborhood stats →
About This Property
Perched along the highest point of this sought-after oceanfront community of Seascape Surf, this beautifully positioned 2-bedroom, 2.5-bath condo captures stunning whitewater, panoramic ocean views and the essence of coastal living. Enjoy a bright and open layout with a spacious living room featuring a cozy fireplace and seamless indoor-outdoor flow. Perfect for relaxing or entertaining while taking in the sights and sounds of the Pacific. This well-appointed residence offers dual en-suite bedrooms, generous living space, and the ideal floor plan for both full-time living or a vacation retreat. Located within a gated, blufftop complex, residents enjoy resort-style amenities including a pool, spa, and tennis courts, along with lush landscaping and direct beach access nearby. Ideally situated just moments from the sand, Cedros Design District, dining, and all that Solana Beach has to offer, this is coastal Southern California living at its finest.
Mortgage Calculator
Est. Monthly Payment
$14,376
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
$6,162
Comp Average
$6,239
528 San Andres Drive
2bd / 2.5ba · 1,673 sqft · Condo
$1.60M
Est. $6,133/mo
111 Delicias Ct
3bd / 2ba · 1,610 sqft · Condo
$1.50M
Est. $5,657/mo
411 Sierra
2bd / 2.5ba · 1,440 sqft · Condo
$1.65M
Est. $6,002/mo
533 Sierra
2bd / 2.5ba · 1,544 sqft · Condo
$1.88M
Est. $6,403/mo
515 Sierra Ave
2bd / 2.5ba · 1,375 sqft · Condo
$2.70M
Est. $7,000/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $5,554–$7,008
Blended 50/50 with the zip's market median ($6,135)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$11,256/mo short at 20% down; +$14,619/mo rent closes it.
- Break-even price
- $490,697
- Break-even rent
- $20,781/mo
- Cashflow at 35% down
- −$9,213/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
75% under asking
$14,619/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.
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