The Costa Del Rey condo complex in Del Mar, California offers attached two to four bedroom condos that are often priced under the $1 million dollar price point. The location is just a little over a couple block radius to the beach in the upscale Del Mar Beach Colony area. The condos are ideal for real estate investors looking to do short term rentals as homes in this area command a premium in rental price, especially during the high season summer months. Many of the floor plans located here feature a living room fireplace, outdoor view deck, galley style kitchen. The complex was built in 1972 and is a pet friendly building with assigned covered parking spots for residents who live here.
The monthly dues from the homeowners association right now is $375.00 a month. They take care of the exterior building maintenance and landscaping with the dues including trash pickup and water. The building also has a dedicated laundry room, addition private storage facilities and a community elevator. There is also plenty of guest parking here with common areas complete with a bathroom and beach shower facility. Rentals in this complex can rent in the $4,000 a month range with select units offering peek views of the Pacific Ocean. Most of the rentals here are seasonal which means during the summer months rental prices tend to go way up in price. If you are thinking about doing a summer rental then we highly encourage you to book early. For those looking for a great investment property then the condos at Costa Del Rey should be a consideration.
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Listing information last updated on March 24th, 2018 at 4:15pm CDT.