637 Rios Avenue

637 Rios Avenue

D

Solana Beach, CA 92075

$2,750,000

Soft Appraisal Value: $2,680,600 · 2.6% above estimate

Beds

4

Baths

1.5

Sqft

1,232

Year Built

1960

Days on Market

16

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2602424

Description

Rare opportunity to own on North Rios Avenue, one of Solana Beach’s most desirable coastal streets, with effortless access to the area’s best lifestyle amenities. Enjoy a short stroll to Fletcher Cove, Cardiff State Beach, the Cedros Design District, San Elijo Lagoon Preserve trailhead, beloved local cafés, live music venues, award-winning schools, and the iconic Solana Beach train station. Tucked toward the quiet northern end of the street, this charming single-level beach cottage sits on a private, fully fenced 9,000 sq ft flag lot set well back from the road, creating a peaceful, secluded setting surrounded by mature landscaping and coastal breezes. The home offers four bedrooms and one-and-a-half baths, warm hardwood flooring, and an updated kitchen featuring a Wolf range and Sub-Zero undercounter beverage refrigerator. The thoughtful single-level layout is bright, comfortable, and effortlessly functional. Outdoor living is equally inviting, with a spacious fenced yard, mature plantings, and a heated outdoor shower—perfect after a morning surf or sunset walk along the beach. A generous parking area provides abundant off-street parking for residents and guests. A timeless Solana Beach cottage offering privacy, charm, and an exceptional coastal lifestyle in the heart of town.

Mortgage Calculator

Est. Monthly Payment

$17,458

Principal & Interest$13,905
Property Tax$2,750
Insurance$802
%($550,000)
%

Investment Score

0D
Est. Monthly Rent
$5,733
Monthly Cashflow

Rent − PITI − HOA

$-11,724
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,335

Mortgage (P+I)
$13,905
Cap Rate
-0.62%
Cash-on-Cash
-33.46%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$25,648

NOI (Annual)
$-17,151
Price-to-Rent

Lower = better for investors

40.0

* 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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