2003 Caminito Circulo Norte

2003 Caminito Circulo Norte

D

La Jolla, CA 92037

$1,769,000

Soft Appraisal Value: $1,732,200 · 2.1% above estimate

Beds

3

Baths

2.5

Sqft

2,058

Year Built

1974

Days on Market

10

Property Type

Townhouse

HOA/mo

$1,555

MLS ID

260006582SD

View on MLS

Description

Perched on an elevated corner location within Mount La Jolla, this newly renovated townhome offers rare privacy, abundant natural light, and multiple outdoor living spaces that set it apart from typical interior units. The reconfigured main level features soaring entry ceilings, bright open living areas, and seamless access to several patios, ideal for entertaining or relaxed everyday living. Designer updates and modern finishes create a clean, contemporary feel while maintaining warmth throughout the connected living, dining, and family spaces. The layout flows effortlessly for gatherings while still providing comfortable separation of space. Upstairs, the expansive primary suite enjoys peaceful garden views, oversized windows, and a full-length private balcony. Ample closet space and a refreshed ensuite bath complete a true retreat environment. Located within one of La Jolla’s most desirable communities, residents enjoy resort-style amenities including pools and spas, tennis courts, clubhouse, fitness center, sauna, and beautifully maintained grounds. Just minutes to beaches, village dining, shopping, and major commuter routes, this home combines convenience, privacy, and indoor/outdoor living in a premier coastal setting. This community offers an impressive array of amenities designed for comfort and convenience. Residents enjoy concierge-style HOA services that cover Spectrum Platinum TV with premium channels, high-speed internet with equipment included, water (inside and out), exterior upkeep such as roofing and painting, termite protection, sewer, trash, as well as beautifully maintained landscaping and streets across 63 acres. Onsite management and maintenance staff ensure everything runs seamlessly. Beyond the essentials, the neighborhood also boasts two newly renovated clubhouses perfect for gatherings, a modern fitness center, a serene library, and a putting green with stunning views of Mission Bay and Downtown. Recreational options abound with four lighted tennis courts, four pools—including a heated pool—plus a spa, saunas, and picturesque walking paths, all set within impeccably kept grounds.

Mortgage Calculator

Est. Monthly Payment

$12,785

Principal & Interest$8,945
Property Tax$1,769
Insurance$516
HOA$1,555
%($353,800)
%

Investment Score

0D
Est. Monthly Rent
$6,554
Monthly Cashflow

Rent − PITI − HOA

$-6,231
Full Cashflow

Incl. vacancy, PM, maint, capex

$-9,213

Mortgage (P+I)
$8,945
Cap Rate
-0.18%
Cash-on-Cash
-31.25%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$18,518

NOI (Annual)
$-3,211
Price-to-Rent

Lower = better for investors

22.5

* 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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