434 Bonair St

434 Bonair St

D

La Jolla, CA 92037

$4,250,000
NEW — 2d on market

Beds

3

Baths

2

Sqft

1,697

Year Built

1948

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007810SD

View on MLS

Description

Variance granted Detached. Amazing 2 unit investment opportunity w reimagined single-level. Perfectly positioned in the Beach Barber Tract area, west of the boulevard in La Jolla just a stroll away from renowned Windansea Beach. This residence offers modern luxury and endless potential. Completely renovated , it features 2-units; 2 bedroom, 1 bath, and1 bedroom,1 bath. Both units boast beautiful kitchens and in-unit laundry facilities. Every space has been optimized, with sleek stone kitchen counters, custom cabinetry, custom wood doors and open-concept living areas ideal for entertaining. Enjoy the income potential, making this an attractive investment w possibility to create two additional units and ADU. The two single-car garages offer versatility, suitable for conversion into a home office or gym. Parking is easy with two additional spaces and ample street parking. Windandsea Beach offers easy access to one of the most scenic beaches in La Jolla known for its picturesque sunsets and avid surf spot. Close proximity to Nautilus Street shopping, restaurants and coffee shops. Additionally, home is within walking distance to La Jolla high school known for its excellent academic standards and extensive community involvement. For one-of-a-kind luxury, this home delivers - with superb vacation rental potential, this home presents a very attractive option for a savvy investor and/or as a primary/secondary home for vacation-everyday living.

Mortgage Calculator

Est. Monthly Payment

$26,980

Principal & Interest$21,490
Property Tax$4,250
Insurance$1,240
%($850,000)
%

Investment Score

0D
Est. Monthly Rent
$7,337
Monthly Cashflow

Rent − PITIA

$-19,643
Full Cashflow

Incl. vacancy, PM, maint, capex

$-24,872

Mortgage (P+I)
$21,490
Cap Rate
-0.95%
Cash-on-Cash
-35.11%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.27
Break-even Rent
$39,639

NOI (Annual)
$-40,586
Price-to-Rent

Lower = better for investors

48.3

* 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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