1609 Caminito Asterisco

1609 Caminito Asterisco

D

La Jolla, CA 92037

$1,498,000

Soft Appraisal Value: $1,469,000 · 2.0% above estimate

Beds

2

Baths

2

Sqft

1,670

Year Built

1979

Days on Market

27

Property Type

Condo

HOA/mo

$608

MLS ID

260005497SD

Description

In a quiet neighborhood high atop La Jolla with community amenities galore, this immaculate residence offers easy living in a superb location with ready access to all sides of Mt Soledad. A gated private entry courtyard creates a gracious welcome to bright, voluminous living areas with soaring ceilings and French doors to a lovely trellised back patio spanning the entire property and ready for entertaining al fresco. Designed for seamless convenience and easy maintenance, updated, and turn-key ready, enjoyment of this home includes community fitness, tennis, pool, and spa. A serene, perfect retreat!

Mortgage Calculator

Est. Monthly Payment

$10,118

Principal & Interest$7,575
Property Tax$1,498
Insurance$437
HOA$608
%($299,600)
%

Investment Score

1D
Est. Monthly Rent
$5,251
Monthly Cashflow

Rent − PITIA

$-4,867
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,323

Mortgage (P+I)
$7,575
Cap Rate
0.20%
Cash-on-Cash
-29.33%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$14,761

NOI (Annual)
$3,023
Price-to-Rent

Lower = better for investors

23.8

* 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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