FOR_SALERisky Deal206 days on market

2609 Camino Del Mar

2609 Camino Del Mar, Del Mar, CA 92014, Del Mar, CA 92014
$5,300,000
Zestimate®:$5,502,900$202,900 Under Market

Listing Price

Property image 1
2609 Camino Del Mar, Del Mar, CA 92014
Loc: Del Mar, CA
Days Listed
206
Tax Assessed
$2978k
Zestimate®
$5503k
4% Under Valued
Lot Size
4,791 sqft
Rent Estimate
$7,159/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
1.7 mi away
8

Earl Warren Middle School

7-8
1.7 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
0.57%
Total ROI
-7.5%
Cash Flow
$-24,278/mo
DSCR
0.09
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-03-19Price change$5,850,000$3,786
2026-02-13Listed for sale$6,410,000$4,149
2019-03-30Listing removed$2,750,000$1,780
2018-10-30Price change$2,750,000$1,780
2018-10-03Listed for sale$2,500,000$1,618
2017-03-14Sold$2,275,000$1,472
2017-02-03Price change$2,349,000$1,520
2017-02-01Listing removed$5,000$3
2017-02-01Listed for sale$5,000$3
2015-08-22Listed for rent$5,000$3
2015-06-05Listing removed$5,000$3
2014-10-09Price change$5,000$3
2014-08-31Price change$6,000$4
2014-08-07Price change$3,500$2
2014-05-26Price change$4,200$3
2014-05-15Price change$5,000$3
2014-05-08Price change$21,666$14
2014-04-30Listed for rent$5,000$3

Tax History

YearProperty TaxTax Assessment
2025$31,778.6$2,978,456
2024$31,150.92$2,920,056
2023$30,464.9$2,862,801
2022$26,583.68$2,488,041
2021$25,601.1$2,439,257
2020$25,829.3$2,414,247
2019$25,240.96$2,366,910
2018$24,198.4$2,320,500
2017$4,355.88$411,353
2016$4,213.02$403,288
2015$4,150.28$397,231
2014$3,994.16$389,451
2013$0$387,692
2012$0$380,091
2011$0$372,639
2010$0$369,855
2009$0$370,734
2008$0$363,466
2007$0$356,340
2006$0$349,354
2005$0$342,505
2004$0$335,791
2003$0$329,637
2002$0$323,174
2001$0$316,839
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
3
Baths
2
Sq Ft
1,545
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: $5,300,000Rent Basis: Observed Comp Model ($7,159/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $2,650/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
0.23%

NOI: $12,011/yr

Cash-on-Cash Yield
-26.1%

On $1,219,000 invested

DSCR Ratio
0.04x

Negative debt coverage

5-Yr Leveraged ROI
+-36.2%

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)-$1,862/mo
Homeowner / Hazard Insurance-$2,650/mo
Vacancy Reserve (5% of rent)-$358/mo
Repairs & Maintenance (10% of rent)-$716/mo
Property Management (8% of rent)-$573/mo
Total Pure Operating Expenses-$6,158/mo
Net Investor Cash Flow
Gross Scheduled Rent+$7,159/mo
Less: Operating Expenses-$6,158/mo
Net Operating Income (NOI)+$1,001/mo
Less: Debt Service (30yr @ 6.75%)-$27,501/mo
Net Cash Flow
$-26,500/mo
$-317,996/year
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