5437 Caminito Bayo
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5437 Caminito Bayo

D

La Jolla, CA 92037

$2,399,000
NEW — 2d

Soft Appraisal Value: $2,333,100 · 2.8% above estimate

Beds

3

Baths

2.5

Sqft

2,469

Year Built

2011

Days on Market

2

Property Type

Single Family

HOA/mo

$290

MLS ID

260011009SD

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

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About This Property

Perched high on a coastal hill overlooking the Pacific Ocean, Mission Bay, SeaWorld, the Coronado Bridge, and downtown San Diego, 5437 Caminito Bayo is a uniquely positioned home in Emerald Cove. This rare corner home shares only one wall, delivering three-sided natural light and the privacy of a detached single family home. Built in 2011, 5437 Caminito Bayo is one of the newer constructed homes in the community. Soaring 18-foot vaulted ceilings, ornamental iron staircase, ivory porcelain tile throughout the main level, and Lauzon hard maple engineered wood upstairs. The kitchen opens to the family room with a peninsula breakfast bar, green granite countertops, travertine subway tile backsplash with designer details over the cooktop, and European-style cabinetry in a medium-tone stain with glaze detail. Professional grade appliances. Ivory travertine fireplace with custom wood mantel. Ceiling-mounted premium speakers provide surround capabilities in the family room. Primary suite features vaulted ceilings, marble countertops, full marble floor and wall tile, built-in closet organizer, and a glass railing balcony with sweeping views of the Pacific, Mission Bay, SeaWorld, the Coronado Bridge, and downtown San Diego. Full La Jolla Alta Club membership included: two pools, spa, sauna, tennis, gym, and clubhouse. Total HOA $380 per month. 24-hour gated community. Bird Rock Elementary 0.7 mi, Muirlands Middle 1.5 mi, La Jolla High 1.8 mi. All showings by private appointment only.

Mortgage Calculator

Est. Monthly Payment

$15,519

Principal & Interest$12,131
Property Tax$2,399
Insurance$700
HOA$290
%($479,800)
%

Location

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Investment Score

3D
Est. Monthly Rent
$7,779
Monthly Cashflow

Rent − PITIA

$-7,741
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,529

Mortgage (P+I)
$12,131
Cap Rate
0.30%
Cash-on-Cash
-28.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.50
Break-even Rent
$22,752

NOI (Annual)
$7,220
Price-to-Rent

Lower = better for investors

25.7

* 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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