707 Sierra Avenue

707 Sierra Avenue

D

Solana Beach, CA 92075

$3,100,000
NEW — 2d on market

Beds

3

Baths

2

Sqft

1,447

Year Built

1975

Days on Market

2

Property Type

Condo

HOA/mo

$890

MLS ID

NDP2602909

Description

Completely rebuilt from the studs, this oceanfront residence offers a rare opportunity to own a fully turnkey home where the focus is the view, the light, and the sound of the ocean. From the moment you walk in, your eye is drawn straight to the horizon. Expansive new windows and sliding glass doors frame unobstructed ocean views, while natural light fills the home and the sound of the waves becomes part of the everyday experience. The renovation was comprehensive, with walls, ceilings, flooring, windows, doors, kitchen, bathrooms, appliances, in-unit laundry, and systems all replaced — creating a space that lives like a brand-new home with nothing left to do. The open layout flows seamlessly from kitchen to dining to living, all oriented toward the ocean, making both daily living and entertaining feel effortless. As the day winds down, the home takes on a different kind of beauty. Rich orange sunsets stretch across the horizon — something you can enjoy from your living space, your balcony, or while walking the beach just outside. The primary suite offers a peaceful retreat with direct ocean views and new sliding doors that open to the sea air. Fall asleep to the sound of the waves and wake up to the ocean just beyond your window. Located in an oceanfront building with pool and direct beach access, and just moments from Cedros Design District, cafés, restaurants, and easy rail access, this is coastal living at its most complete. This is the oceanfront condo you’ve been waiting for.

Mortgage Calculator

Est. Monthly Payment

$20,569

Principal & Interest$15,675
Property Tax$3,100
Insurance$904
HOA$890
%($620,000)
%

Investment Score

0D
Est. Monthly Rent
$6,737
Monthly Cashflow

Rent − PITI − HOA

$-13,832
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,965

Mortgage (P+I)
$15,675
Cap Rate
-0.89%
Cash-on-Cash
-34.77%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$30,068

NOI (Annual)
$-27,478
Price-to-Rent

Lower = better for investors

38.3

* 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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