629 Fourth St
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629 Fourth St

D

Encinitas, CA 92024

$5,495,000
NEW — 7d

Soft Appraisal Value: $5,302,400 · 3.6% above estimate

Beds

4

Baths

2

Sqft

1,333

Year Built

1956

Days on Market

7

Property Type

Single Family

HOA/mo

N/A

MLS ID

260011450SD

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

About This Property

Single-level waterfront retreat in the heart of Encinitas featuring panoramic ocean views and exceptional indoor-outdoor living. This beautifully positioned 2-bedroom, 1-bathroom main residence offers a light-filled layout designed to capture the Pacific from multiple points. Enjoy an expansive ocean-view deck, perfect for relaxing or entertaining. Just steps from the beach and within walking distance to restaurants, shops, and local hotspots, this location truly embodies walkable coastal living. The property also includes a separate casita with 2 bedrooms, a full bathroom, and a fully equipped kitchen, ideal for guests. A rare opportunity to experience Encinitas beach living with flexibility and stunning views.

Mortgage Calculator

Est. Monthly Payment

$34,883

Principal & Interest$27,786
Property Tax$5,495
Insurance$1,603
%($1,099,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,634
Monthly Cashflow

Rent − PITIA

$-28,250
Full Cashflow

Incl. vacancy, PM, maint, capex

$-34,355

Mortgage (P+I)
$27,786
Cap Rate
-1.43%
Cash-on-Cash
-37.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.19
Break-even Rent
$51,250

NOI (Annual)
$-78,828
Price-to-Rent

Lower = better for investors

69.0

* 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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