940 Sealane Drive
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940 Sealane Drive #7

C

Encinitas, CA 92024

$2,250,000
NEW — 4d

Beds

3

Baths

2.5

Sqft

1,486

Year Built

1980

Days on Market

4

Property Type

Condo

HOA/mo

$720

MLS ID

NDP2606069

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

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About This Property

Ocean views and coastal breezes highlight this stunning ocean front sanctuary. Ideally positioned along the coastline, this beachfront property offers ocean views, spacious outdoor decks, and access to the relaxed coastal lifestyle that makes Encinitas one of Southern California's most desirable beach towns. Inside, the light-filled floorplan features high ceilings, expansive windows, and tasteful updates throughout. The refreshed interior blends comfort and style, while the open living spaces and multiple decks provide the perfect setting to relax, entertain, and enjoy the coastal surroundings. Steps from the sand and a short stroll to downtown Encinitas, enjoy easy access to renowned restaurants, local cafés, boutique shopping, and world-class beaches and surf breaks. With secure parking, in-unit laundry, a community, pool and spa, and an exceptional oceanfront location, this is a rare opportunity to enjoy the very best of coastal Encinitas—whether as a full-time home, weekend retreat, or lock-and-leave beach getaway.

Mortgage Calculator

Est. Monthly Payment

$15,003

Principal & Interest$11,377
Property Tax$2,250
Insurance$656
HOA$720
%($450,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$5,322
Monthly Cashflow

Rent − PITIA

$-9,681
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,780

Mortgage (P+I)
$11,377
Cap Rate
-0.75%
Cash-on-Cash
-34.08%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$21,920

NOI (Annual)
$-16,837
Price-to-Rent

Lower = better for investors

35.2

* 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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