OFF_MARKETExcellent Deal1 days on market

264 24th St

264 24th St, Del Mar, CA 92014, Del Mar, CA 92014
$5,950,000
Zestimate®:$5,919,700

Listing Price

Property image 1
264 24th St, Del Mar, CA 92014
Loc: Del Mar, CA
Days Listed
1
Tax Assessed
$2082k
Zestimate®
$5920k
Market Rate
Rent Estimate
$4,328/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.

10

Del Mar Hills Elementary School

K-6
1.6 mi away
8

Earl Warren Middle School

7-8
1.8 mi away
10

Torrey Pines High School

9-12
2.6 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
8.21%
Total ROI
30.7%
Cash Flow
$10,612/mo
DSCR
1.35
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-06-16Listing removed$5,950,000$8,380
2026-05-10Listed for sale$5,950,000$8,380
2026-03-03Listing removed$19,500$27
2026-02-03Price change$19,500$27
2026-01-29Listed for rent$25,000$35
2025-12-03Listing removed$15,500$22
2025-09-16Listed for rent$15,500$22
2019-07-09Sold$1,500,000$2,113
2019-06-27Pending sale$1,500,000$2,113
2019-06-27Listed for sale$1,500,000$2,113

Tax History

YearProperty TaxTax Assessment
2026$0$2,082,487
2025$21,851.08$2,041,655
2024$21,418.82$2,001,624
2023$18,897.18$1,769,240
2022$18,592.56$1,734,550
2021$17,905.32$1,700,540
2020$16,110.96$1,500,000
2019$688.54$64,567
2018$736.63$63,302
2017$722.5$62,062
2016$698.72$60,847
2015$688.86$59,934
2014$676.44$58,761
2013$0$58,496
2012$0$57,350
2011$0$56,226
2010$0$55,807
2009$0$55,940
2008$0$54,844
2007$0$53,770
2006$0$52,717
2005$0$51,684
2004$0$50,672
2003$0$49,744
2002$0$48,769
2001$0$47,814
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
4
Sq Ft
1,856
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: $5,950,000Rent Basis: Observed Comp Model ($4,328/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $2,975/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
-0.19%

NOI: $-11,328/yr

Cash-on-Cash Yield
-27.9%

On $1,368,500 invested

DSCR Ratio
-0.03x

Negative debt coverage

5-Yr Leveraged ROI
+-45.3%

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)-$1,302/mo
Homeowner / Hazard Insurance-$2,975/mo
Vacancy Reserve (5% of rent)-$216/mo
Repairs & Maintenance (10% of rent)-$433/mo
Property Management (8% of rent)-$346/mo
Total Pure Operating Expenses-$5,272/mo
Net Investor Cash Flow
Gross Scheduled Rent+$4,328/mo
Less: Operating Expenses-$5,272/mo
Net Operating Income (NOI)+$-944/mo
Less: Debt Service (30yr @ 6.75%)-$30,873/mo
Net Cash Flow
$-31,817/mo
$-381,807/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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