2767 Palomino
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2767 Palomino

Ctop 80%

La Jolla, CA 92037

$2,685,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

13 licensed short-term rentals within ½ mile (6 whole home), from the cities' license and permit lists of Nov 11, 2026.

Pass at asking: -$13,840/mo full cashflow at 20% down, 7.43% rate.

Works at $882,881 (67% under asking), or at 95% down.

Rent $8,807/mo from 12 leases of 3-bed houses within 1 mi ($6,892–$10,842). Previously leased for $6,250.

Beds

3

Baths

2.5

Sqft

2,409

Year Built

1975

Days on Market

137

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014694SD

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

Virtual Tour

About This Property

Perched atop Mount Soledad, this rare single-level residence presents an exceptional opportunity. With panoramic gorgeous eastern views from all living spaces, updated elements throughout, brand new HVAC and an abundance of natural light this home is truly special. Situated on an extraordinary nearly half-acre lot, the property offers tremendous privacy, massive backyard with room for pool and lawn, plus the ability to create your dream estate. A spacious three-car garage adds convenience, while the home's versatile floor plan provides the perfect canvas to enjoy as-is, remodel, or expand to maximize its value. Ideally located just minutes to the Village of La Jolla, world-class beaches, dining, shopping, and major freeways, this is a phenomenal opportunity to own a premier property in a coveted coastal setting.

Mortgage Calculator

Est. Monthly Payment

$18,384

Principal & Interest$14,916
Property Tax$2,685
Insurance$783
%($537,000)
%
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

7C
Est. Monthly Rent
$8,807

Previously leased for $6,250

12 leases of 3-bed houses within 1 mi · $6,892–$10,842

Monthly Cashflow

Rent − PITIA

-$9,577
Full Cashflow

Incl. vacancy, PM, maint, capex

-$13,840

What would make this work?

$13,840/mo short at 20% down; 95% down or +$17,975/mo rent closes it.

Break-even price

67% under asking

$882,881
Break-even rent

$17,975/mo above the estimate

$26,782/mo
Cashflow at 35% down
−$11,044/mo
Down payment to break even

$2,550,750 cash

95%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$14,916
Cap Rate
0.68%
Cash-on-Cash
-30.93%
DSCR

Need ≥ 1.25 for DSCR loan

0.48

NOI (Annual)
$18,195
Price-to-Rent

Lower = better for investors

25.4

* 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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CCashflow−$13,840/mo