2538 Caminito Muirfield
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2538 Caminito Muirfield

Dbottom 20%

La Jolla, CA 92037

$1,595,000
STR: check · no permits in this complex · TOT 12.75%

6 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 10, 2026.

No unit in this 17-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: -$9,334/mo full cashflow at 20% down, 7.43% rate.

Works at $379,687 (76% under asking); even all cash loses money at asking.

Rent $5,533/mo from 18 leases of 3-bed condos & townhomes within 2 mi ($4,883–$6,908).

Beds

3

Baths

2.5

Sqft

1,858

Year Built

1979

Days on Market

109

Property Type

Townhouse

HOA/mo

$1,344

MLS ID

260018136SD

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

Virtual Tour

About This Property

This home offers luxury living in the private, 24-hour guarded Windemere neighborhood. This sun-drenched home seamlessly pairs functional architecture with upscale style. Designed to maximize both natural light and privacy, the home welcomes you with a dramatic, double-height living room that flows effortlessly into a formal dining area—perfect for grand entertaining. Relax on your spacious, private patio overlooking a serene greenbelt retreat. Enjoy a quiet neighborhood lifestyle alongside premium resort-style amenities, including two pools, spa, a modern fitness center, tennis and pickleball courts, and miles of beautifully landscaped walking trails. Seller is the original owner. This home has been meticulously cared for with a newly designed kitchen and fresh interior paint throughout. Exterior photos with the lighter color represent what the home will look like when painting is completed.

Mortgage Calculator

Est. Monthly Payment

$12,265

Principal & Interest$8,861
Property Tax$1,595
Insurance$465
HOA$1,344
%($319,000)
%
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

0D
Est. Monthly Rent
$5,533

18 leases of 3-bed condos & townhomes within 2 mi · $4,883–$6,908

Blended 50/50 with a property-level estimate

Monthly Cashflow

Rent − PITIA

-$6,732
Full Cashflow

Incl. vacancy, PM, maint, capex

-$9,334

What would make this work?

$9,334/mo short at 20% down; +$12,122/mo rent closes it.

Break-even price

76% under asking

$379,687
Break-even rent

$12,122/mo above the estimate

$17,655/mo
Cashflow at 35% down
−$7,672/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)
$8,861
Cap Rate
-0.15%
Cash-on-Cash
-35.11%
DSCR

Need ≥ 1.25 for DSCR loan

0.45

NOI (Annual)
-$2,353
Price-to-Rent

Lower = better for investors

24.0

* 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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DCashflow−$9,334/mo