1616 Clemson Circle
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.
12 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 11, 2026.
Pass at asking: -$40,238/mo full cashflow at 20% down, 7.43% rate.
Works at $1,561,008 (77% under asking); even all cash loses money at asking.
Rent $15,570/mo from 9 leases of 4–6 bed houses within 0.5 mi, same school area ($11,585–$16,567).
Beds
5
Baths
4
Sqft
3,017
Year Built
1955
Days on Market
102
Property Type
Single Family
HOA/mo
N/A
MLS ID
260018820SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
ACREAGE-VIEWS-LOCATION-PRIVACY. 1.46 acre lot elevated on quiet cul-de-sac. Single level with views of the Ocean, Mission Bay, Downtown, Coronado Islands, & mountains. The property boasts 16-car garage capacity, and covered motor house for RV or boat storage, and private tennis court. The 2600 sq ft detached 2 story garage/workshop is TAILOR made to create a multi-generational compound, new wellness center, athletic facility, artistic workroom, entertainment suite. Realize your dreams. Floor plans for house detached garages / workshop/ motor house are uploaded in the Documents tab. Rarely does an estate with this acreage ,view orientation , and privacy become available. The property is perfect for multiple development opportunities. Create and amazing family compound/ expansive sports complex for athletes/collectors showcase/ organic gardens/pool. Over 4,100 SqFt. of garage space and workshops.
Mortgage Calculator
Est. Monthly Payment
$46,560
Location
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Zoned Schools
Elementary
Bird Rock 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
$15,570
Comp Average
$11,494
8361 Calle Del Cielo
4bd / 5ba · 3,327 sqft · Single Family
$6.95M
Est. $12,044/mo
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
5912 La Jolla Blvd
4bd / 3.5ba · 2,920 sqft · Single Family
$5.50M
Est. $14,039/mo
7546 Caminito Avola
4bd / 4ba · 3,258 sqft · Single Family
$4.50M
Est. $9,781/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 4–6 bed houses within 0.5 mi, same school area · $11,585–$16,567
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$40,238/mo short at 20% down; +$52,257/mo rent closes it.
- Break-even price
- $1,561,008
- Break-even rent
- $67,827/mo
- Cashflow at 35% down
- −$33,154/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
77% under asking
$52,257/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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