90 Coast Highway 101 #201
Dbottom 20%Encinitas, CA 92024Neighborhood: Old Encinitas
42 licensed short-term rentals within ½ mile (32 whole home), from the cities' license and permit lists of Nov 4, 2026.
Pass at asking: -$15,868/mo full cashflow at 20% down, 7.49% rate.
Works at $442,758 (82% under asking); even all cash loses money at asking.
Rent $5,220/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area ($5,703–$6,870).
Beds
2
Baths
3
Sqft
1,934
Year Built
2009
Days on Market
46
Property Type
Condo
HOA/mo
$604.44
MLS ID
260022969SD
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Modern luxury and coastal living come together at The Lofts in this lightly lived in 2-bedroom, 2.5-bath townhome just steps from Moonlight Beach, coffee shops, restaurants, and shopping. Designed with both everyday comfort and entertaining in mind, the open-concept interior connects the living and dining areas to a beautifully updated kitchen with modern cabinetry, Bosch appliances, and a large island that creates an inviting central gathering space. Multiple patios extend the living space outdoors, where ocean views and refreshing coastal breezes create an inviting setting for morning coffee, afternoon relaxation, or an evening gathering. Unique to The Lofts, Unit 201 also offers the convenience of a one car attached garage—an exceptional feature for a property in this coastal setting, plus 1 underground parking space. Whether enjoyed as a beach getaway or a place to embrace the coastal lifestyle every day, this beautifully updated townhome brings together sophisticated finishes, outdoor spaces, ocean views, and an enviable location. Enjoy not having to drive by living mere blocks from quaint Encinitas Village, North County's premier beaches, breweries, gastropubs, cafes, boutiques plus highly desirable school districts. To see it is to love it!
Mortgage Calculator
Est. Monthly Payment
$17,804
Location
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Zoned Schools
Elementary
Paul Ecke-Central Elementary · grades K-6 · Encinitas Union Elementary
Middle
Diegueno 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
2 comps foundThis Property
$5,220
Comp Average
$5,460
1222 N. Coast Hwy 101
3bd / 3ba · 1,741 sqft · Townhouse
$2.00M
Est. $6,214/mo
1600 San Remo Pl
2bd / 2.5ba · 1,308 sqft · Townhouse
$1.95M
Est. $4,706/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Short-term not available here. Encinitas allows short-term rentals only in single-family homes and duplexes. See the rules
Investment Score
8 leases of 1–3 bed condos & townhomes within 0.5 mi, same school area · $5,703–$6,870
Blended 50/50 with the zip's market median ($4,050)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$15,868/mo short at 20% down; +$20,608/mo rent closes it.
- Break-even price
- $442,758
- Break-even rent
- $25,828/mo
- Cashflow at 35% down
- −$13,248/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
82% under asking
$20,608/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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