1515 El Camino Del Teatro
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1515 El Camino Del Teatro

D

La Jolla, CA 92037

$21,000,000

Soft Appraisal Value: $19,062,300 · 10.2% above estimate

Beds

5

Baths

6

Sqft

7,590

Year Built

1990

Days on Market

56

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004089SD

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

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About This Property

Tucked behind gates on 1.47 acres in La Jolla’s coveted Olde Muirlands, this panoramic ocean-view estate presents a rare opportunity for those seeking privacy, property and architectural substance in a premier coastal location. The single level home encompasses 7,590 square feet of volume ceilings and uninterrupted sightlines toward the Pacific Ocean and La Jolla Country Club golf course from all the primary rooms. Not offered for purchase in 35 years – an estate for the buyer who values timeless assets and the quiet confidence of a legacy property. Encompassing 7,590 square feet the floor plan is composed to accommodate large formal gatherings, as well as family friendly living, and offers 5 bedrooms, 2 offices, 5 full and 2 half baths, a custom designed gourmet kitchen with abundant views and outdoor terraces designed for gracious gathering. The grounds function as a private resort and include a regulation tennis court, pool with Baja ledge and spa, and manicured acreage provides both recreation and retreat. Dual motor courts, a four-car garage, and two gated entries underscore the property’s emphasis on discretion and security. Not offered for purchase in 35 years – an estate for the buyer who values timeless assets, irreplaceable land, scarcity and the quiet confidence of a legacy property in one of California's most desirable coastal communities.

Mortgage Calculator

Est. Monthly Payment

$133,312

Principal & Interest$106,187
Property Tax$21,000
Insurance$6,125
%($4,200,000)
%

Location

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Comparable Properties

1 comp found

This Property

$10,482

vs

Comp Average

$10,692

Comps based on same zip code, similar beds (±1), price range (60-150%).

Investment Score

0D
Est. Monthly Rent
$10,482
Monthly Cashflow

Rent − PITIA

$-122,830
Full Cashflow

Incl. vacancy, PM, maint, capex

$-142,741

Mortgage (P+I)
$106,187
Cap Rate
-2.09%
Cash-on-Cash
-40.78%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.08
Break-even Rent
$195,860

NOI (Annual)
$-438,646
Price-to-Rent

Lower = better for investors

167.0

* Defaults: 20% down, 6.5% rate, 30yr.

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

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