
2879 Caminito Merion
Dbottom 20%La Jolla, CA 92037
1 licensed short-term rental within ½ mile (1 whole home), from the cities' license and permit lists of Nov 10, 2026.
No unit in this 25-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: -$27,991/mo full cashflow at 20% down, 7.43% rate.
Works at $750,566 (83% under asking); even all cash loses money at asking.
Rent $8,675/mo from 13 leases of 3–5 bed houses within 1 mi, same school area ($8,631–$11,345).
Beds
4
Baths
3.5
Sqft
2,753
Year Built
1977
Days on Market
90
Property Type
Single Family
HOA/mo
$915
MLS ID
260019575SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
NOT JUST ANOTHER REMODEL. A STATEMENT. UNLIKE ANY OTHER HOME IN WINDEMERE. Prepare to be captivated. This extraordinary modern ocean and mountain view residence has been painstakingly transformed from top to bottom, with exceptional craftsmanship, uncompromising materials, and meticulous attention to every detail. A dramatic open-concept floor plan unfolds toward breathtaking views, while expansive walls of glass and disappearing bi-fold doors seamlessly connect the sophisticated interiors to spectacular outdoor living. The Architectural Magazine-worthy kitchen is a true showpiece, blending sculptural design, exceptional materials, refined finishes, and effortless functionality. Spa-inspired bathrooms create luxurious private retreats, while every room reflects an extraordinary level of design and craftsmanship. Automotive enthusiasts, take note. The exceptional garage features a car lift, transforming it into a private automotive showroom and enthusiast's dream. Outside, beautifully designed spaces create a resort-like setting for entertaining, relaxing, and enjoying spectacular ocean views. Beyond the residence, Windemere offers an unparalleled guard-gated lifestyle with a resort-style pool, tennis courts, spa, and beautifully manicured grounds. This is not simply a remodeled home. It is a complete design experience—where architecture meets artistry, the ocean becomes part of the interior, and everyday living feels like a five-star retreat. Welcome to a new standard of modern luxury in Windemere.
Mortgage Calculator
Est. Monthly Payment
$31,008
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.
Comparable Properties
5 comps foundThis Property
$8,675
Comp Average
$10,692
7376 Fay Ave
4bd / 3ba · 2,783 sqft · Single Family
$4.50M
Est. $8,921/mo

5598 Caminito Genio
4bd / 2.5ba · 2,768 sqft · Single Family
$3.35M
Est. $8,914/mo

1444 Rodeo Dr.
4bd / 2ba · 2,841 sqft · Single Family
$4.20M
Est. $10,933/mo
6617 Avenida De Las Pescas
4bd / 4ba · 2,619 sqft · Single Family
$4.29M
Est. $10,655/mo
5912 La Jolla Blvd
4bd / 3.5ba · 2,920 sqft · Single Family
$5.50M
Est. $14,039/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 3–5 bed houses within 1 mi, same school area · $8,631–$11,345
Blended 50/50 with the zip's market median ($7,943)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$27,991/mo short at 20% down; +$36,352/mo rent closes it.
- Break-even price
- $750,566
- Break-even rent
- $45,027/mo
- Cashflow at 35% down
- −$23,413/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
83% under asking
$36,352/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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