930 Via Mil Cumbres #142
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930 Via Mil Cumbres #142

Ctop 80%

Solana Beach, CA 92075

$895,000
STR: check · HOA rules unknown · TOT 13%

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: -$3,980/mo full cashflow at 20% down, 7.49% rate.

Works at $378,908 (58% under asking), or at 84% down.

Rent $4,517/mo from 4 leases in this building ($4,215–$4,688).

Beds

2

Baths

2

Sqft

1,120

Year Built

1979

Days on Market

99

Property Type

Condo

HOA/mo

$555

MLS ID

260018062SD

This property is in Solana Beach (92075). View neighborhood stats →

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About This Property

Welcome to this beautifully appointed top-floor residence in the highly desirable Lomas Santa Fe Villas of Solana Beach. Featuring an open-concept floor plan with soaring vaulted ceilings and an abundance of natural light, this inviting home offers a bright and airy atmosphere throughout. The spacious living room is highlighted by a cozy fireplace and opens to a private balcony, creating the perfect space to relax or entertain. The well-designed kitchen showcases quality finishes, ample cabinetry, and a breakfast bar with seating, making it ideal for both everyday living and casual gatherings. The generous primary suite offers abundant closet space and a private en-suite bath, providing a comfortable retreat. Additional conveniences include in-unit laundry and a dedicated covered carport with a locked storage closet. Residents enjoy access to community amenities including a pool and spa, all set within beautifully landscaped, park-like grounds featuring tranquil ponds and water features. Ideally located just minutes from shopping, dining, beautiful beaches, world-class golf, San Dieguito Park, and recreational amenities, with convenient access to I-5, this exceptional home offers the perfect blend of comfort, convenience, and the coveted Solana Beach lifestyle.

Mortgage Calculator

Est. Monthly Payment

$6,713

Principal & Interest$5,001
Property Tax$895
Insurance$261
HOA$555
%($179,000)
%
Loan Term

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.

Investment Score

27C
Est. Monthly Rent
$4,517

4 leases in this building · $4,215–$4,688

Monthly Cashflow

Rent − PITIA

-$2,195
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,980

What would make this work?

$3,980/mo short at 20% down; 84% down or +$5,169/mo rent closes it.

Break-even price

58% under asking

$378,908
Break-even rent

$5,169/mo above the estimate

$9,686/mo
Cashflow at 35% down
−$3,042/mo
Down payment to break even

$751,800 cash

84%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$5,001
Cap Rate
1.67%
Cash-on-Cash
-26.68%
DSCR

Need ≥ 1.25 for DSCR loan

0.67

NOI (Annual)
$14,965
Price-to-Rent

Lower = better for investors

16.5

* 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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CCashflow−$3,980/mo