1347 Caminito Arriata

1347 Caminito Arriata

Ctop 80%

La Jolla, CA 92037

$2,400,000
NEW — 0d

Pass at asking: -$13,115/mo full cashflow at 20% down, 7.49% rate.

Works at $699,744 (71% under asking), or at 99% down.

Rent $7,360/mo from 10 leases of 2–4 bed houses within 0.5 mi ($6,909–$8,272).

Beds

3

Baths

3

Sqft

2,428

Year Built

2003

Days on Market

0

Property Type

Single Family

HOA/mo

$270

MLS ID

PTP2608169

This property is in La Jolla (92037). View neighborhood stats →

About This Property

Welcome to Emerald Cove, a gated community in La Jolla. This 3-bedroom, 3-bath residence offers approximately 2,428 square feet with a spacious split-level design. Hardwood flooring, crown molding, and wood paneling add warmth and character, while the kitchen features granite countertops and cherrywood cabinetry. Tesla charging provides added convenience. Enjoy recreational amenities including, a pool, spa and much more. Located minutes from the beaches, this home brings together comfort, recreation, and the appeal of La Jolla living.

Mortgage Calculator

Est. Monthly Payment

$16,782

Principal & Interest$13,412
Property Tax$2,400
Insurance$700
HOA$270
%($480,000)
%
Loan Term

Location

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Investment Score

3C
Est. Monthly Rent
$7,360

10 leases of 2–4 bed houses within 0.5 mi · $6,909–$8,272

Blended 50/50 with the zip's market median ($7,244)

Monthly Cashflow

Rent − PITIA

-$9,422
Full Cashflow

Incl. vacancy, PM, maint, capex

-$13,115

What would make this work?

$13,115/mo short at 20% down; 99% down or +$17,032/mo rent closes it.

Break-even price

71% under asking

$699,744
Break-even rent

$17,032/mo above the estimate

$24,392/mo
Cashflow at 35% down
−$10,600/mo
Down payment to break even

$2,376,000 cash

99%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$13,412
Cap Rate
0.33%
Cash-on-Cash
-32.79%
DSCR

Need ≥ 1.25 for DSCR loan

0.44

NOI (Annual)
$7,982
Price-to-Rent

Lower = better for investors

27.2

* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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CCashflow−$13,115/mo