
930 Via Mil Cumbres #161
Btop 30%Solana Beach, CA 92075
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: -$2,645/mo full cashflow at 20% down, 7.36% rate.
Works at $302,837 (53% under asking), or at 80% down.
Rent $3,726/mo from 4 leases in this building (±1 bed) ($3,477–$3,866).
Beds
1
Baths
1
Sqft
762
Year Built
1979
Days on Market
138
Property Type
Condo
HOA/mo
$555
MLS ID
NDP2606194
This property is in Solana Beach (92075). View neighborhood stats →
About This Property
Discover one of the best opportunities to own in the highly sought-after Villas of Lomas Santa Fe, one of the most affordable entry points into the coveted Solana Beach coastal lifestyle. Note this is VA and FHA approved. This desirable ground-level corner residence offers a spacious one-bedroom, one-bath floor plan, a private patio, assigned parking with additional storage, and endless potential to make it your own. Ideally situated as an interior unit, this home enjoys a peaceful setting with no street or parking lot noise. Unlike many ground-level residences, the living room windows sit well above sidewalk grade and are complemented by mature landscaping, creating an exceptional sense of privacy while still allowing an abundance of natural light to fill the home. The result is a bright, inviting living space that stands out from many other downstairs units in the community. Whether you’re a first-time homebuyer, investor, downsizer, or searching for the perfect vacation getaway, this home presents an exceptional opportunity to renovate and personalize a property in one of North County’s most desirable beach communities while building equity in an unbeatable location. Residents enjoy resort-style amenities including a sparkling swimming pool, relaxing spa, recreation room, racquetball courts, beautifully landscaped grounds, tranquil ponds with waterfalls, scenic walking paths, BBQ and picnic areas, and a separate community laundry facility with multiple washers and dryers. Ideally located just minutes from Fletcher Cove Beach, the Cedros Design District, Lomas Santa Fe Plaza, restaurants, shopping, the Solana Beach Train Station, Del Mar Racetrack, golf courses, and convenient Interstate 5 access, this home places the very best of coastal North County right at your doorstep. Properties at this price point in Solana Beach are rare. Don’t miss this incredible opportunity to own in one of Southern California’s most desirable coastal communities and create a home uniquely your own. Please note this complex is VA and FHA approved!
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Est. Monthly Payment
$4,974
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
3 comps foundThis Property
$3,726
Comp Average
$4,029
930 Via Mil Cumbres
1bd / 1ba · 762 sqft · Condo
$715K
Est. $3,726/mo
930 Via Mil Cumbres
2bd / 2ba · 1,120 sqft · Condo
$895K
Est. $4,517/mo
532 Via De La Valle
1bd / 1ba · 860 sqft · Condo
$789K
Est. $3,844/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
4 leases in this building (±1 bed) · $3,477–$3,866
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,645/mo short at 20% down; 80% down or +$3,436/mo rent closes it.
- Break-even price
- $302,837
- Break-even rent
- $7,162/mo
- Cashflow at 35% down
- −$1,974/mo
- Down payment to break even
- 80%
- Rate to break even
- Not reachable
53% under asking
$3,436/mo above the estimate
$519,200 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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