640 Solana Circle
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: -$9,834/mo full cashflow at 20% down, 7.36% rate.
Works at $462,132 (74% under asking); even all cash loses money at asking.
Rent $5,409/mo from 18 leases of 2-bed condos & townhomes within 0.5 mi ($4,968–$6,176).
Beds
2
Baths
2
Sqft
1,246
Year Built
1974
Days on Market
0
Property Type
Condo
HOA/mo
$633
MLS ID
260026959SD
This property is in Solana Beach (92075). View neighborhood stats →
About This Property
Sweeping, unobstructed panoramic ocean views and effortless single-level living come together in this beautifully appointed Solana Beach residence. One of the home's most desirable features is its exceptional accessibility, with absolutely no stairs from the nearby reserved parking space to the front door. Perfectly positioned to capture southern exposure and spectacular sunsets, this 2-bedroom, 2-bath, 1,246-square-foot condo overlooks an expansive, park-like greenbelt with ocean views from both the living room and primary bedroom. The open-concept floor plan features a beautifully updated kitchen, spacious living and dining areas, and an abundance of closet and storage space. Step outside to the private balcony and enjoy the peaceful surroundings, refreshing coastal breezes, and stunning ocean views. The elevated location provides a wonderful sense of openness and privacy, with no neighboring buildings directly behind the residence. Tucked away from the community's main activity areas, the condo enjoys a quiet setting with minimal foot traffic. Beautifully maintained grounds feature expansive greenbelts, walking paths, a pool, and clubhouse. Conveniently located near Solana Beach's beaches, restaurants, shopping, and the Cedros Design District, this is an opportunity to enjoy coastal living at its best, whether as a primary residence or a lock-and-leave coastal retreat. Come see it today!
Mortgage Calculator
Est. Monthly Payment
$12,542
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
$5,409
Comp Average
$5,870
131 Iguala Ct
2bd / 2ba · 1,344 sqft · Condo
$1.25M
Est. $5,184/mo
411 Sierra
2bd / 2.5ba · 1,440 sqft · Condo
$1.65M
Est. $6,025/mo
423 Sierra Avenue
3bd / 2.5ba · 1,440 sqft · Condo
$1.70M
Est. $5,693/mo
640 Solana Circle
2bd / 2ba · 1,246 sqft · Condo
$1.89M
Est. $5,448/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
18 leases of 2-bed condos & townhomes within 0.5 mi · $4,968–$6,176
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$9,834/mo short at 20% down; +$12,772/mo rent closes it.
- Break-even price
- $462,132
- Break-even rent
- $18,181/mo
- Cashflow at 35% down
- −$8,025/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$12,772/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, 7.36% 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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