646 Solana Circle
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646 Solana Circle

D

Solana Beach, CA 92075

$1,050,000
NEW — 1d

Beds

2

Baths

1

Sqft

888

Year Built

1972

Days on Market

1

Property Type

Condo

HOA/mo

$564

MLS ID

NDP2603652

This property is in Solana Beach (92075). View neighborhood stats →

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About This Property

Highly desirable and private end unit with spectacular easterly views has been beautifully renovated and is turn-key. Fabulous and functional layout with interior laundry, marble floors, exotic granites, Grohe fixtures, modern appliances, and a large wood burning fireplace wrapped with beautiful, chiseled stone and a wood mantel. Both bedrooms access the private rear patio with incredible unobstructed views. The community offers a pool, spa, clubhouse, and gorgeous walking paths. Located in the prestigious and award-winning San Dieguito Union High School District and is also close to several esteemed private schools. It's also close to spectacular beaches, excellent shopping and popular restaurants and only a 5-minute bike ride or 15-minute walk to Del Mar's dog beach. This is a very special opportunity at this price point. Unit has one assigned parking space.

Mortgage Calculator

Est. Monthly Payment

$7,230

Principal & Interest$5,309
Property Tax$1,050
Insurance$306
HOA$564
%($210,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,675
Monthly Cashflow

Rent − PITIA

$-3,554
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,275

Mortgage (P+I)
$5,309
Cap Rate
0.04%
Cash-on-Cash
-30.14%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$10,525

NOI (Annual)
$417
Price-to-Rent

Lower = better for investors

23.8

* 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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