1550 Bluebird Ln

1550 Bluebird Ln

D

La Jolla, CA 92037

$4,495,000
NEW — 0d on market

Beds

3

Baths

2.5

Sqft

2,996

Year Built

1986

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005456SD

View on MLS

Description

Located in the heart of The Village of La Jolla, 1550 Bluebird Lane represents 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. 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

$28,535

Principal & Interest$22,729
Property Tax$4,495
Insurance$1,311
%($899,000)
%

Investment Score

0D
Est. Monthly Rent
$7,111
Monthly Cashflow

Rent − PITI − HOA

$-21,424
Full Cashflow

Incl. vacancy, PM, maint, capex

$-26,806

Mortgage (P+I)
$22,729
Cap Rate
-1.09%
Cash-on-Cash
-28.60%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$28,535

NOI (Annual)
$-48,916
Price-to-Rent

Lower = better for investors

52.7

* 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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