7115 Estrella De Mar
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7115 Estrella De Mar #B

D

Carlsbad, CA 92009

$899,000
NEW — 2d

Beds

2

Baths

2

Sqft

1,284

Year Built

1966

Days on Market

2

Property Type

Condo

HOA/mo

$600

MLS ID

NDP2603793

This property is in Carlsbad (92009). View neighborhood stats →

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About This Property

In the highly desirable La Costa-Encinitas corridor, single-story condos with this level of character are rarely available. This charming garden-style residence sits in a peaceful four-unit building within the La Costa Villas community. Originally built in the late 60's as part of the La Costa Resort & Spa, these villas were designed as "homestyle" accomodations for families that wanted to spend their entire summers at the resort. Over the decades, the world renowned & and newly revitalized 36-hole La Costa golf course has drawn iconic visitors including Jackie Kennedy & Frank Sinatra. This community still reflects that serene, resort-era ambiance: lush, expansive greenbelts weave between the villas, inviting you to wander beneath mature palms and a variety of fruit trees. This home itself showcases the Spanish-influenced mid-century modern architecture of its era, such as oversized front door and interior white brick that adds texture & visual interest to any decor. Five tall louver-covered sliding doors flood the interior with natural light. Two patios enhance the home- one located just outside the dining area with direct access to the community pool, and the other a semi-interior courtyard nestled privately between the two bedrooms with its own exterior entrance. Wide plank light oak toned floors run throughout the home, enhancing the airy feel of every space. The spacious primary bedroom features a striking brick accent wall- an ideal backdrop for a dramatic headboard. The secondary bedroom enjoys its own small "hallway" with bath, creating a sense of separation & comfort for guests. The location is truly IDEAL at the border of Encinitas and Carlsbad. Head down La Costa Blvd for a sunset cocktail overlooking the Pacific at clifftop Alila Marea Beach resort, or spend an afternoon exploring the shops & restaurants of the Forum, an upscale open-air mall. Catch the waves of Moonlight Beach then wander the artsy cafes & boutiques of coastal Encinitas along PCH. Don't miss the chance to experience Encinitas and La Costa in this peaceful, iconic community and to call Estrella De Mar... "home"

Mortgage Calculator

Est. Monthly Payment

$6,307

Principal & Interest$4,546
Property Tax$899
Insurance$262
HOA$600
%($179,800)
%

Location

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Investment Score

4D
Est. Monthly Rent
$3,254
Monthly Cashflow

Rent − PITIA

$-3,053
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,550

Mortgage (P+I)
$4,546
Cap Rate
-0.01%
Cash-on-Cash
-30.37%
DSCR

Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$9,164

NOI (Annual)
$-55
Price-to-Rent

Lower = better for investors

23.0

* 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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