
1406 La Jolla Knoll
Dbottom 20%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
110 licensed short-term rentals within ½ mile (84 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$23,791/mo full cashflow at 20% down, 7.43% rate.
Works at $902,422 (77% under asking); even all cash loses money at asking.
Rent $9,001/mo from 14 leases of 3–5 bed houses within 0.5 mi, same school area ($12,066–$14,966). Previously leased for $5,200.
Beds
4
Baths
4
Sqft
3,054
Year Built
1937
Days on Market
139
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2606068
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Set in the heart of one of La Jolla's best neighborhoods, this Spanish Revival style home offers an enviable combination of ocean views, privacy and essentially single-level living, all just minutes from the Village. The main, entry level holds the primary bedroom, a second bedroom and a private office with fireplace, all with ocean views, while two additional bedrooms, laundry and the garage are tucked below. High ceilings, a beautiful fireplace and French doors that open the living room to the entry patio create a wonderful flow for both everyday living and entertaining, as does the spacious dining room with a butler's pantry. The kitchen has a charming built-in breakfast nook. The home sits on a large lot adjacent to a decommissioned City reservoir, which gives it an unusually open, expansive feeling rarely found this close to the coast. Believed to be a 1927/28 work of Lilian Rice, the home retains its original character: white stucco, clay tile, deeply recessed openings, an intimate courtyard, and interiors with the details of a master architect. The house creates a rare opportunity for a buyer looking to put their own stamp on a true La Jolla classic in one of the area's most desirable enclaves.
Mortgage Calculator
Est. Monthly Payment
$27,388
Location
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Zoned Schools
Elementary
La Jolla 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
$9,001
Comp Average
$10,077

2435 Paseo Dorado
4bd / 3ba · 3,142 sqft · Single Family
$4.33M
Est. $10,672/mo

1444 Rodeo Dr.
4bd / 2ba · 2,841 sqft · Single Family
$4.20M
Est. $10,933/mo
5673 Linda Rosa Ave
4bd / 4ba · 2,971 sqft · Single Family
$4.25M
Est. $10,774/mo
7209 Fay Ave
4bd / 4ba · 2,858 sqft · Single Family
$4.10M
Est. $8,935/mo
2815 Caminito Merion
4bd / 2.5ba · 3,239 sqft · Single Family
$4.20M
Est. $9,073/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
Previously leased for $5,200
14 leases of 3–5 bed houses within 0.5 mi, same school area · $12,066–$14,966
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$23,791/mo short at 20% down; +$30,898/mo rent closes it.
- Break-even price
- $902,422
- Break-even rent
- $39,899/mo
- Cashflow at 35% down
- −$19,625/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
77% under asking
$30,898/mo above the estimate
Negative even all-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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