830 America Way
Ctop 80%Del Mar, CA 92014
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: -$5,685/mo full cashflow at 20% down, 7.36% rate.
Works at $455,115 (62% under asking), or at 89% down.
Rent $5,555/mo from 12 leases of 1–3 bed condos & townhomes within 0.5 mi ($4,907–$6,102).
Beds
2
Baths
3
Sqft
1,298
Year Built
1985
Days on Market
—
Property Type
Condo
HOA/mo
$799
MLS ID
260026992SD
This property is in Del Mar (92014). View neighborhood stats →
About This Property
Experience elevated coastal living in Del Mar's sought-after Spindrift community! Beautifully remodeled, this retreat blends modern sophistication with effortless indoor-outdoor living. The chef's kitchen features quartz countertops, stainless steel appliances, soft-close designer cabinetry and a new refrigerator, opening to an inviting living room with fireplace. Enjoy new luxury flooring, refreshed textured walls, fresh paint, modern baseboards, updated lighting, ceiling fans and central air. A custom built-in desk/coffee bar adds style and function. Upstairs, two serene bedrooms offer custom closet built-ins; the primary suite features a spacious porcelain-tile shower, updated dual vanity and LED mirror. Unwind on your lush private Trex terrace with outdoor TV and fire pit. An attached two-car garage with epoxy flooring and separate laundry room with extra storage complete the home. Enjoy community pools, spa and mature landscaping, plus easy access to the San Dieguito Lagoon trail. Walk to Flower Hill Promenade, explore nearby Del Mar Racetrack, and enjoy beaches and Dog Beach approximately two miles away. Your turnkey coastal escape awaits! Experience elevated coastal living in Del Mar's sought-after Spindrift community! Beautifully remodeled, this retreat blends modern sophistication with effortless indoor-outdoor living. The chef's kitchen features quartz countertops, stainless steel appliances, soft-close designer cabinetry and a new refrigerator, opening to an inviting living room with fireplace. Enjoy new luxury flooring, refreshed textured walls, fresh paint, modern baseboards, updated lighting, ceiling fans and central air. A custom built-in desk/coffee bar adds style and function. Upstairs, two serene bedrooms offer custom closet built-ins; the primary suite features a spacious porcelain-tile shower, updated dual vanity and LED mirror. Unwind on your lush private Trex terrace with outdoor TV and fire pit. An attached two-car garage with epoxy flooring and separate laundry room with extra storage complete the home. Enjoy community pools, spa and mature landscaping, plus easy access to the San Dieguito Lagoon trail. Walk to Flower Hill Promenade, explore nearby Del Mar Racetrack, and enjoy beaches and Dog Beach approximately two miles away. Your turnkey coastal escape awaits!
Mortgage Calculator
Est. Monthly Payment
$8,963
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
$5,555
Comp Average
$4,845
13768 Ruette Le Parc
2bd / 2ba · 1,164 sqft · Condo
$749K
Est. $3,794/mo
955 Intrepid
2bd / 2.5ba · 1,298 sqft · Townhouse
$1.10M
Est. $5,634/mo
259 Sea Forest Court
2bd / 2ba · 1,232 sqft · Condo
$1.40M
Est. $5,815/mo
2747 Caminito Cedros
3bd / 2.5ba · 1,472 sqft · Townhouse
$1.30M
Est. $4,813/mo
1562 Camino
1bd / 2ba · 946 sqft · Condo
$1.73M
Est. $4,170/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
12 leases of 1–3 bed condos & townhomes within 0.5 mi · $4,907–$6,102
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$5,685/mo short at 20% down; 89% down or +$7,383/mo rent closes it.
- Break-even price
- $455,115
- Break-even rent
- $12,938/mo
- Cashflow at 35% down
- −$4,445/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$7,383/mo above the estimate
$1,067,110 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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