FOR_SALERisky Deal25 days on market

367 Pine Needles Dr

367 Pine Needles Dr, Del Mar, CA 92014, Del Mar, CA 92014
$5,900,000
Zestimate®:$6,590,700$690,700 Under Market

Listing Price

Property image 1
367 Pine Needles Dr, Del Mar, CA 92014
Loc: Del Mar, CA
Days Listed
25
Tax Assessed
$378k
Zestimate®
$6591k
10% Under Valued
Rent Estimate
$7,972/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Del Mar Heights Elementary School

K-6
0.5 mi away
8

Earl Warren Middle School

7-8
3.6 mi away
10

Torrey Pines High School

9-12
2.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
1.36%
Total ROI
-3.5%
Cash Flow
$-23,137/mo
DSCR
0.22
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-05-01Listed for sale$6,995,000$2,610

Tax History

YearProperty TaxTax Assessment
2025$5,025.58$378,168
2024$5,080.06$370,754
2023$5,145.1$363,485
2022$5,098.38$356,359
2021$5,048.5$349,373
2020$4,980.12$345,792
2019$3,540.6$339,012
2018$4,877.26$332,366
2017$4,803.36$325,850
2016$4,749.58$319,462
2015$4,780$314,664
2014$4,577.92$308,501
2013$0$307,108
2012$0$301,087
2011$0$295,184
2010$0$292,979
2009$0$293,676
2008$0$287,919
2007$0$282,275
2006$0$276,741
2005$0$271,315
2004$0$265,996
2003$0$261,122
2002$0$256,003
2001$0$250,984
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
3
Sq Ft
2,680
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $5,900,000Rent Basis: Observed Comp Model ($7,972/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $2,950/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.60%

NOI: $35,425/yr

Cash-on-Cash Yield
-24.5%

On $1,357,000 invested

DSCR Ratio
0.10x

Negative debt coverage

5-Yr Leveraged ROI
+-28.1%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$236/mo
Homeowner / Hazard Insurance-$2,950/mo
Vacancy Reserve (5% of rent)-$399/mo
Repairs & Maintenance (10% of rent)-$797/mo
Property Management (8% of rent)-$638/mo
Total Pure Operating Expenses-$5,020/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,972/mo
Less: Operating Expenses-$5,020/mo
Net Operating Income (NOI)+$2,952/mo
Less: Debt Service (30yr @ 6.75%)-$30,614/mo
Net Cash Flow
$-27,662/mo
$-331,941/year
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