5527 Calumet Ave
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5527 Calumet Ave

D

La Jolla, CA 92037

$5,495,000

Soft Appraisal Value: $5,135,500 · 7.0% above estimate

Beds

4

Baths

4.5

Sqft

2,972

Year Built

1962

Days on Market

223

Property Type

Single Family

HOA/mo

N/A

MLS ID

250038825SD

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

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About This Property

Phenomenal panoramic ocean, coastline, sunset, nightlight, and migrating wildlife views stretching from Coronado and Point Loma to the North Shore are embraced in this beautifully renovated home across from the surf, just a short stroll to Bird Rock Village restaurants and shops for enjoyment of an easy in-town, walking lifestyle. Vast walls of glass, sleek modern design with high ceilings, an open floor plan and large view decks invite seamless indoor-outdoor enjoyment of this magnificent site. Dazzle family and friends as you entertain on the expansive rooftop deck with sweeping unobstructed views, outdoor kitchen, seated bar, barbecue and plenty of lounge space for gatherings. Taking full advantage of the views, the primary bedroom with fireplace, cedar closet and gorgeous bath provides perfect retreat from a busy day. Absolutely fabulous.

Mortgage Calculator

Est. Monthly Payment

$34,883

Principal & Interest$27,786
Property Tax$5,495
Insurance$1,603
%($1,099,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,273
Monthly Cashflow

Rent − PITIA

$-26,611
Full Cashflow

Incl. vacancy, PM, maint, capex

$-33,093

Mortgage (P+I)
$27,786
Cap Rate
-1.16%
Cash-on-Cash
-36.13%
DSCR

Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$51,250

NOI (Annual)
$-63,683
Price-to-Rent

Lower = better for investors

55.4

* 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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