2249 Caminito Preciosa Norte

2249 Caminito Preciosa Norte

Dbottom 20%

La Jolla, CA 92037

$1,695,000
NEW — 0d
STR: check · no permits in this complex · TOT 12.75%

25 licensed short-term rentals within ½ mile (14 whole home), from the cities' license and permit lists of Nov 13, 2026.

No unit in this 51-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$9,413/mo full cashflow at 20% down, 7.36% rate.

Works at $463,231 (73% under asking); even all cash loses money at asking.

Rent $6,613/mo from 34 leases of 2–4 bed condos & townhomes within 2 mi ($5,422–$7,612).

Beds

3

Baths

2.5

Sqft

2,339

Year Built

1972

Days on Market

0

Property Type

Townhouse

HOA/mo

$1,552

MLS ID

260026947SD

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

About This Property

Beautiful bay and city views await in this private, quiet 2,329-square-foot townhome featuring 3 bedrooms, 2.5 baths, a dedicated office, and a bonus room. Enjoy beautiful wood floors, an eat-in kitchen with stainless steel appliances and solid-surface countertops, and a covered patio with motorized pergola louvers for adjustable shade. Extensive upgrades include owned 8.8 kW solar and 20 kWh whole-house battery systems, a whole-house fan, water filtration and softener systems, a Navien water heater, Miele washer/dryer, monitored home security, and an electric car charger in the attached two-car garage. Plentiful parking and resort-style amenities--including a pool, spa, sauna, putting green, gym, tennis courts, and community room--complete this exceptional offering. Schedule your private tour today and experience the views, comfort, and Mount La Jolla lifestyle for yourself!

Mortgage Calculator

Est. Monthly Payment

$13,093

Principal & Interest$9,352
Property Tax$1,695
Insurance$494
HOA$1,552
%($339,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    La Jolla 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.

Investment Score

2D
Est. Monthly Rent
$6,613

34 leases of 2–4 bed condos & townhomes within 2 mi · $5,422–$7,612

Blended 50/50 with the zip's market median ($6,770)

Monthly Cashflow

Rent − PITIA

-$6,480
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,413

What would make this work?

$9,413/mo short at 20% down; +$12,225/mo rent closes it.

Break-even price

73% under asking

$463,231
Break-even rent

$12,225/mo above the estimate

$18,838/mo
Cashflow at 35% down
−$7,660/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,352
Cap Rate
0.19%
Cash-on-Cash
-33.32%
DSCR

Need ≥ 1.25 for DSCR loan

0.51

NOI (Annual)
$3,230
Price-to-Rent

Lower = better for investors

21.4

* Modelled at 20% down, 7.36% 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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DCashflow−$9,413/mo