2885 Caminito Merion
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2885 Caminito Merion

D

La Jolla, CA 92037

$2,900,000
NEW — 2d

Soft Appraisal Value: $2,794,200 · 3.8% above estimate

Beds

3

Baths

3

Sqft

2,519

Year Built

1977

Days on Market

2

Property Type

Single Family

HOA/mo

$625

MLS ID

NDP2603814

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

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About This Property

Discover this luxurious 3-bedroom, 3-bath home in the exclusive guard-gated community of Windemere La Jolla, blending sophisticated design with indoor-outdoor living. Featuring vaulted ceilings and abundant natural light, the chef’s kitchen offers quartz countertops and stainless steel appliances. The main level includes the primary suite, which features a spacious walk-in cedar closet and a spa-like bath with updated dual vanities, and a recently added secondary bedroom adjacent to a full bathroom. The upstairs bedroom is separate from the bathroom and connected via an open breezeway featuring library-like shelving. Enjoy sweeping easterly views from the wraparound garden patio with mature landscaping, a built-in barbecue, and a tranquil fountain. Recent upgrades and repairs ensure this home is move-in ready, including modernized baths and a kitchen. Residents benefit from resort-style amenities like pools, a fitness center, and lighted tennis courts, all just minutes from La Jolla's beaches and vibrant dining options. This turnkey oasis is a must-see!

Mortgage Calculator

Est. Monthly Payment

$19,035

Principal & Interest$14,664
Property Tax$2,900
Insurance$846
HOA$625
%($580,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,318
Monthly Cashflow

Rent − PITIA

$-11,717
Full Cashflow

Incl. vacancy, PM, maint, capex

$-15,817

Mortgage (P+I)
$14,664
Cap Rate
-0.48%
Cash-on-Cash
-32.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.38
Break-even Rent
$27,859

NOI (Annual)
$-13,834
Price-to-Rent

Lower = better for investors

33.0

* 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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