940 Sealane
1 / 20

940 Sealane #16

C

Encinitas, CA 92024

$2,295,000

Soft Appraisal Value: $2,283,300 · 0.5% above estimate

Beds

3

Baths

2.5

Sqft

1,486

Year Built

1980

Days on Market

12

Property Type

Condo

HOA/mo

$720

MLS ID

260014607SD

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

About This Property

Experience coastal living at its finest in this beautifully remodeled 3-bedroom, 2.5-bath residence located in the heart of Encinitas. Showcasing a light-filled, open interior with a fresh coastal aesthetic, this stunning home has been thoughtfully updated throughout with modern finishes and timeless design. Enjoy ocean views from most rooms, creating a serene backdrop for everyday living. The spacious floor plan offers comfortable living and entertaining spaces, while large windows invite in abundant natural light and refreshing coastal breezes. Additional features include two assigned parking spaces and access to the community pool and jacuzzi, perfect for relaxing after a day at the beach. Ideally situated just a short stroll from downtown Encinitas, residents can enjoy easy access to popular shops, restaurants, cafes, and some of North County's most beautiful beaches. Whether you're looking for a full-time residence or vacation getaway, this exceptional home offers the ultimate Southern California coastal lifestyle.

Mortgage Calculator

Est. Monthly Payment

$15,289

Principal & Interest$11,605
Property Tax$2,295
Insurance$669
HOA$720
%($459,000)
%

Location

Loading map...

Investment Score

0D
Est. Monthly Rent
$6,277
Monthly Cashflow

Rent − PITIA

$-9,012
Full Cashflow

Incl. vacancy, PM, maint, capex

$-12,368

Mortgage (P+I)
$11,605
Cap Rate
-0.40%
Cash-on-Cash
-32.33%
DSCR

Need ≥ 1.25 for DSCR loan

0.41
Break-even Rent
$22,339

NOI (Annual)
$-9,159
Price-to-Rent

Lower = better for investors

30.5

* 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.

Get Expert AnalysisOpen Full Calculator