
1402 Rodeo Drive
Ctop 80%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
21 licensed short-term rentals within ½ mile (10 whole home), from the cities' license and permit lists of Nov 8, 2026.
Pass at asking: -$24,358/mo full cashflow at 20% down, 7.43% rate.
Works at $1,323,571 (71% under asking), or at 99% down.
Rent $13,202/mo from 29 leases of 4–6 bed houses within 1 mi ($10,914–$15,763).
Beds
5
Baths
3.5
Sqft
2,798
Year Built
2000
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026643SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Perfectly situated on a breathtaking private canyon greenspace with direct ocean views and epic year-round sunsets, this completely turn-key modern Muirlands home is sure to impress. Built brand new down to the studs in 2017 and just completed another major remodel this year, this house was a second home and has very rarely been used since being completely rebuilt. Features high end materials throughout, including imported materials from Europe, and highest-quality appliances. Main home features 4 bedrooms and 3.5 bathrooms. There's also a roughly 240 square-foot semi-attached office/bedroom built into the canyon with beautiful ocean views, surrounded by lush mature vegetation. The home shows as if it is brand new and never been lived in. Extremely well-maintained and upgraded property. Owners just added a solar panel system that has eliminated any electric bills. Also upgraded to electric heat pump which offers free heating and winter. Relax in the ocean view hot tub that and built into the gorgeous, wraparound deck. Very rare, single-level ocean view home with some of the most privacy of any home you will find in La Jolla. Outback on the deck is like your own private sanctuary it's so serene and peaceful. Still however, you are just minutes from Bird Rock, and in the other direction Windansea and the village. Oversized 13,300 square-foot lot gives you the opportunity to more than double the current square footage in the future.
Mortgage Calculator
Est. Monthly Payment
$30,778
Location
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Zoned Schools
Elementary
Bird Rock Elementary · grades K-5 · San Diego Unified
Middle
Muirlands Middle · grades 6-8 · San Diego Unified
High
La Jolla High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$13,202
Comp Average
$9,091

7376 Fay Ave
4bd / 3ba · 2,783 sqft · Single Family
$4.50M
Est. $8,881/mo

5598 Caminito Genio
4bd / 2.5ba · 2,768 sqft · Single Family
$3.35M
Est. $8,428/mo
6617 Avenida De Las Pescas
4bd / 4ba · 2,619 sqft · Single Family
$4.29M
Est. $10,615/mo
2879 Caminito Merion
4bd / 3.5ba · 2,753 sqft · Single Family
$4.39M
Est. $8,635/mo
7209 Fay Ave
4bd / 4ba · 2,858 sqft · Single Family
$4.10M
Est. $8,894/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
29 leases of 4–6 bed houses within 1 mi · $10,914–$15,763
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$24,358/mo short at 20% down; 99% down or +$31,634/mo rent closes it.
- Break-even price
- $1,323,571
- Break-even rent
- $44,836/mo
- Cashflow at 35% down
- −$19,676/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$31,634/mo above the estimate
$4,450,050 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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