
790 Bracero Road
Ctop 80%Encinitas, CA 92024Neighborhood: Old Encinitas
11 licensed short-term rentals within ½ mile (5 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$14,793/mo full cashflow at 20% down, 7.43% rate.
Works at $1,072,920 (64% under asking), or at 92% down.
Rent $10,702/mo from 19 leases of 4–6 bed houses within 2 mi ($9,413–$16,777).
Beds
5
Baths
3
Sqft
3,490
Year Built
2000
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2610046
This property is in Encinitas (92024). View neighborhood stats →
About This Property
With ocean views from most rooms, this custom home in the heart of Encinitas sits on approximately half an acre, with approximately 3,490 square feet of living space. The property features five bedrooms and three bathrooms, with one bed and bath conveniently located on the first level. Large picture windows bring in abundant natural light and views of the ocean from all west-facing rooms on both levels! A large kitchen serves as a central gathering point with lots of counter space and storage, flanked by an eat-in dining area and cozy family room. While the open plan living and dining room lend themselves to entertaining, and enjoying the view of the ocean and sprawling yard. The downstairs bedroom (currently used as a den) is a perfect office, separate living room, or guest area. The ocean view primary suite is an impressive space, with a large en-suite bath and walk-in closet. Three additional bedrooms, one more bath, and a large bonus room with ocean view terrace round out the second floor. Brick patios offer additional outdoor areas, and the fully gated, oversized, flag lot provides ample space for creating your own compound. Add a pool, accessory dwelling unit, or garden to your hearts content! In addition to the attached 2 car garage, is a separate 3-car garage/workshop with extra bathroom! Car enthusiasts may opt to keep the workshop or convert it to a permitted ADU, guest house or pool house! This expansive lot has unlimited potential, offering a rare combination of space, location, and versatility in one of Encinitas' most central neighborhoods. Encinitas is home to world class beaches, award winning SDUHSD and EUSD schools, and a vibrant restaurant scene on the Coast Highway 101. This is a rare opportunity to create your dream estate on a private, gated 1/2 acre lot with ocean views from all levels!
Mortgage Calculator
Est. Monthly Payment
$20,534
Location
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Zoned Schools
Elementary
Ocean Knoll Elementary · grades K-6 · Encinitas Union Elementary
Middle
Oak Crest Middle · grades 7-8 · San Dieguito Union High
High
La Costa Canyon 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
$10,702
Comp Average
$9,201
1413 Trabert Ranch Road
5bd / 3.5ba · 3,307 sqft · Single Family
$3.38M
Est. $11,405/mo
441 Rancho Santa Fe Road
5bd / 4ba · 3,395 sqft · Single Family
$2.60M
Est. $7,503/mo

3759 Sage Canyon Drive
4bd / 4ba · 3,064 sqft · Single Family
$3.10M
Est. $9,267/mo
3456 Fortuna Ranch Road
4bd / 3.5ba · 3,538 sqft · Single Family
$4.50M
Est. $8,356/mo
1576 Lorraine
6bd / 4ba · 3,438 sqft · Single Family
$4.30M
Est. $9,473/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
19 leases of 4–6 bed houses within 2 mi · $9,413–$16,777
Blended 50/50 with the zip's market median ($9,864)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$14,793/mo short at 20% down; 92% down or +$19,212/mo rent closes it.
- Break-even price
- $1,072,920
- Break-even rent
- $29,914/mo
- Cashflow at 35% down
- −$11,669/mo
- Down payment to break even
- 92%
- Rate to break even
- Not reachable
64% under asking
$19,212/mo above the estimate
$2,759,080 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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