434 Bonair St
1 / 20

434 Bonair St

D

La Jolla, CA 92037

$4,165,000

Beds

Baths

Sqft

Year Built

1948

Days on Market

30

Property Type

Multi-Family

HOA/mo

N/A

MLS ID

260007811SD

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

Virtual Tour

About This Property

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. 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

$26,440

Principal & Interest$21,061
Property Tax$4,165
Insurance$1,215
%($833,000)
%

Investment Score

0D
Est. Monthly Rent
$7,552
Monthly Cashflow

Rent − PITIA

$-18,889
Full Cashflow

Incl. vacancy, PM, maint, capex

$-24,096

Mortgage (P+I)
$21,061
Cap Rate
-0.87%
Cash-on-Cash
-34.71%
DSCR

Need ≥ 1.25 for DSCR loan

0.29
Break-even Rent
$38,846

NOI (Annual)
$-36,430
Price-to-Rent

Lower = better for investors

46.0

* 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.

Get Expert AnalysisOpen Full Calculator