1653 El Paso Real
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1653 El Paso Real

D

La Jolla, CA 92037

$4,295,000
NEW — 2d

Soft Appraisal Value: $4,103,000 · 4.7% above estimate

Beds

5

Baths

3.5

Sqft

2,991

Year Built

1972

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260013683SD

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

About This Property

On magnificent grounds with pool and lighted sport court in the heart of Olde Muirlands, this home offers several features rarely found in La Jolla: five bedrooms, half an acre of picturesque grounds with wooded ocean and hillside views, and a three-car garage among them. In a superb cul-de-sac location close to beaches, schools and fine shops, parks and restaurants of the Village, this sprawling soft-contemporary embraces its beautiful surroundings with high ceilings and plenty of light streaming through vast windows and doors, clerestory windows, and sun lights. Mature plantings and inviting, spacious outdoor patios make entertaining a breeze...and how about a game of pickleball to start the festivities? Creative architectural aesthetics and exquisite comforts make this impressive property an extraordinary opportunity for the sophisticated buyer.

Mortgage Calculator

Est. Monthly Payment

$27,266

Principal & Interest$21,718
Property Tax$4,295
Insurance$1,253
%($859,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,388
Monthly Cashflow

Rent − PITIA

$-19,878
Full Cashflow

Incl. vacancy, PM, maint, capex

$-25,156

Mortgage (P+I)
$21,718
Cap Rate
-0.96%
Cash-on-Cash
-35.14%
DSCR

Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$40,058

NOI (Annual)
$-41,261
Price-to-Rent

Lower = better for investors

48.4

* 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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