935 Encinitas Blvd
1 / 20

935 Encinitas Blvd

D

Encinitas, CA 92024

$2,200,000

Soft Appraisal Value: $2,178,700 · 1.0% above estimate

Beds

5

Baths

2

Sqft

1,709

Year Built

1940

Days on Market

147

Property Type

Single Family

HOA/mo

N/A

MLS ID

250044520SD

This property is in Encinitas (92024). View neighborhood stats →

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About This Property

INCOME-PRODUCING FIXER WITH 2-3 UNIT POTENTIAL ON NEARLY ¾ ACRE IN ENCINITAS! The hardest part of real estate investing is finding the right property — this is it. Sitting on a generous 0.76-acre lot just west of the I-5, this unique offering includes a 3-bedroom, 1-bath main house, an ADU with full kitchen and bathroom, and a bonus studio space with shower — giving a savvy investor 2 to 3 rentable units from day one. Bring your contractor and your vision. The bones are there, the lot is there, and the Encinitas rental demand is absolutely there. Fix it up to your standard live in one rent the others or rent all units. Invest in one of San Diego County's most sought-after coastal communities — just 5 minutes to the beach, surrounded by shopping, dining, and recreation. Property sold AS-IS. Ideal for investor ready to capitalize on Encinitas' limited land inventory. Don't miss this rare chance in highly-coveted Encinitas!

Mortgage Calculator

Est. Monthly Payment

$13,966

Principal & Interest$11,124
Property Tax$2,200
Insurance$642
%($440,000)
%

Location

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Investment Score

1D
Est. Monthly Rent
$6,554
Monthly Cashflow

Rent − PITIA

$-7,412
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,753

Mortgage (P+I)
$11,124
Cap Rate
0.20%
Cash-on-Cash
-29.33%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.47
Break-even Rent
$20,519

NOI (Annual)
$4,455
Price-to-Rent

Lower = better for investors

28.0

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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