4022 Caminito Meliado
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4022 Caminito Meliado

D

San Diego, CA 92122

$1,375,000
NEW — 7d

Soft Appraisal Value: $1,341,000 · 2.5% above estimate

Beds

3

Baths

3

Sqft

1,323

Year Built

1987

Days on Market

7

Property Type

Single Family

HOA/mo

$385

MLS ID

260012100SD

This property is in San Diego (92122). View neighborhood stats →

Virtual Tour

About This Property

Discover one of San Diego’s best-kept secrets in the highly coveted La Jolla Colony. This exceptional residence offers the perfect blend of privacy, convenience, and an elevated coastal lifestyle. Stepping inside, you are greeted by an intelligently designed layout with two large skylights pouring in natural light, new laminate flooring throughout, and an open-concept dining and living area that sets a welcoming stage for modern living. The heart of the home features a well appointed kitchen with newer stainless steel appliances and flows seamlessly from the living space to your private tropical backyard patio. Backing up directly to a lush, tranquil greenbelt, your backyard is ideal for relaxing mornings, endless hosting, and peaceful evenings. This highly functional floor plan showcases three full bedrooms and three full bathrooms, including a versatile main-level bedroom with premium built-ins and an updated full bath, alongside a two-car garage equipped with a built-in workbench and custom shelving. The upper level serves as the private sanctuary, hosting a generous primary suite with ample closet space alongside a spacious secondary bedroom with its own fully updated bathroom. This absolute home run of a property matches pristine interior spaces with an unbeatable location, situated just minutes from premier UTC shopping, gourmet dining, top-tier schools, and the iconic beaches of La Jolla.

Mortgage Calculator

Est. Monthly Payment

$9,114

Principal & Interest$6,953
Property Tax$1,375
Insurance$401
HOA$385
%($275,000)
%

Location

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Investment Score

4D
Est. Monthly Rent
$4,889
Monthly Cashflow

Rent − PITIA

$-4,225
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,495

Mortgage (P+I)
$6,953
Cap Rate
0.40%
Cash-on-Cash
-28.34%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$13,324

NOI (Annual)
$5,492
Price-to-Rent

Lower = better for investors

23.4

* 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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