1550 Bluebird Ln
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1550 Bluebird Ln

D

La Jolla, CA 92037

$3,995,000

Soft Appraisal Value: $3,853,000 · 3.7% above estimate

Beds

3

Baths

2.5

Sqft

2,996

Year Built

1986

Days on Market

44

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005456SD

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

Virtual Tour

About This Property

*** Warning: Investors & Contractors May Fall in Love | Bring you Vision and Maybe a Tool Belt - Sold Upside Potential *** This is a rare opportunity to acquire what can truly be described as a diamond in the rough. Designed by Batter Kay Architects for the original owners, this striking residence was thoughtfully conceived to capture the sweeping ocean views and showcase bold architectural design. With the seller motivated and ready to sell, the property presents an exceptional opportunity for an investor, architect, or end user to reimagine and elevate a home with tremendous underlying potential. Investors Wanted. Contractors Encourages | HGTV Dream Optional :) The smart, view-driven floorplan was intentionally designed to maximize the home's vantage point, framing the Pacific and creating dramatic living spaces filled with light. Strong architectural bones, generous volumes, and expansive view corridors provide the ideal canvas for a buyer looking to bring their own vision and finishing touches to a truly special property. For those with creativity and vision, this is an opportunity to transform a remarkable structure into a signature La Jolla ocean-view residence. Bring your hammer. Bring your imagination. The potential here is extraordinary.

Mortgage Calculator

Est. Monthly Payment

$25,361

Principal & Interest$20,201
Property Tax$3,995
Insurance$1,165
%($799,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,836
Monthly Cashflow

Rent − PITIA

$-17,525
Full Cashflow

Incl. vacancy, PM, maint, capex

$-22,656

Mortgage (P+I)
$20,201
Cap Rate
-0.74%
Cash-on-Cash
-34.03%
DSCR

Need ≥ 1.25 for DSCR loan

0.31
Break-even Rent
$37,260

NOI (Annual)
$-29,465
Price-to-Rent

Lower = better for investors

42.5

* 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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