5437 Caminito Bayo
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5437 Caminito Bayo

C

La Jolla, CA 92037

$2,399,000

Soft Appraisal Value: $2,323,500 · 3.2% above estimate

Beds

3

Baths

2.5

Sqft

2,469

Year Built

2011

Days on Market

47

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, 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, 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 private glass railing balcony with sweeping views of the Pacific, Mission Bay, SeaWorld, the Coronado Bridge, and downtown San Diego exclusively from the primary suite. 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
$7,883
Monthly Cashflow

Rent − PITIA

$-7,637
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,449

Mortgage (P+I)
$12,131
Cap Rate
0.34%
Cash-on-Cash
-28.63%
DSCR

Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$22,752

NOI (Annual)
$8,181
Price-to-Rent

Lower = better for investors

25.4

* 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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