940 Hermes Avenue
DEncinitas, CA 92024
Soft Appraisal Value: $1,730,000 · 4.0% above estimate
Beds
2
Baths
1
Sqft
1,050
Year Built
1926
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2604406
This property is in Encinitas (92024). View neighborhood stats →
About This Property
Opportunity knocks in one of Encinitas’ most sought-after coastal pockets. Situated west of the 5 and just moments from the beach, shops, and restaurants, 940 Hermes Ave offers an exceptional chance to create something truly special. The existing structure is ready to make way for your vision. Whether that’s a stunning custom home, a modern coastal retreat, or an investment opportunity in a location that continues to outperform. With a generous lot and unbeatable proximity to the ocean, this is all about land value and lifestyle. Bring your architect, your contractor, and your imagination! Properties like this are where the magic happens.
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Est. Monthly Payment
$11,420
Location
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Comparable Properties
5 comps foundThis Property
$4,667
Comp Average
$3,681
1680 Coast Highway 101
2bd / 2ba · 1,026 sqft · Townhouse
$1.20M
Est. $4,553/mo
1730 Pleasantdale Dr
3bd / 2ba · 1,056 sqft · Condo
$1.15M
Est. $4,015/mo
1601 San Remo Place
1bd / 1.5ba · 940 sqft · Condo
$1.10M
Est. $2,496/mo
127 Glaucus
2bd / 2ba · 966 sqft · Condo
$1.22M
Est. $3,867/mo
248 Coneflower Street
2bd / 1ba · 859 sqft · Condo
$1.27M
Est. $3,473/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Rent − PITIA
Incl. vacancy, PM, maint, capex
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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