930 Via Mil Cumbres #35
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930 Via Mil Cumbres #35

Ctop 80%

Solana Beach, CA 92075

$899,000
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: -$3,694/mo full cashflow at 20% down, 7.43% rate.

Works at $417,973 (54% under asking), or at 80% down.

Rent $4,890/mo from 1 lease in this building.

Beds

3

Baths

2

Sqft

1,242

Year Built

1979

Days on Market

45

Property Type

Condo

HOA/mo

$555

MLS ID

NDP2608896

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

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About This Property

Welcome to Beautiful Solana Beach! This spacious, open-concept 3-bedroom, 2-bath condo offers comfortable coastal living just over a mile from the ocean. Conveniently located on the lower level with no shared walls, the home also features a large private garage—perfect for your car, bikes, surfboards, and all the gear that comes with the Southern California lifestyle. Recent updates include a beautifully renovated primary bathroom, new flooring, updated vanities in the secondary bathroom, and a brand-new water heater. The washer is conveniently located in the hallway closet with space for a stackable washer and dryer. Residents enjoy access to a community clubhouse, pool, spa, and racquetball court, all surrounded by beautifully landscaped, park-like grounds with tranquil ponds and water features. Ideally located near shopping, dining, beaches, world-class golf, Fletcher Cove, Cedros Design District, the famous Belly Up Tavern and highly regarded schools, this home offers a wonderful blend of space, convenience, and the Solana Beach lifestyle.

Mortgage Calculator

Est. Monthly Payment

$6,711

Principal & Interest$4,994
Property Tax$899
Insurance$262
HOA$555
%($179,800)
%
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

34C
Est. Monthly Rent
$4,890

1 lease in this building

Blended 50/50 with a property-level estimate

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$1,820
Full Cashflow

Incl. vacancy, PM, maint, capex

-$3,694

What would make this work?

$3,694/mo short at 20% down; 80% down or +$4,798/mo rent closes it.

Break-even price

54% under asking

$417,973
Break-even rent

$4,798/mo above the estimate

$9,688/mo
Cashflow at 35% down
−$2,758/mo
Down payment to break even

$719,200 cash

80%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$4,994
Cap Rate
2.06%
Cash-on-Cash
-24.66%
DSCR

Need ≥ 1.25 for DSCR loan

0.73

NOI (Annual)
$18,536
Price-to-Rent

Lower = better for investors

15.3

* 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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CCashflow−$3,694/mo