5527 Calumet Ave

5527 Calumet Ave

D

La Jolla, CA 92037

$5,495,000

Beds

4

Baths

4.5

Sqft

2,972

Year Built

1962

Days on Market

172

Property Type

Single Family

HOA/mo

N/A

MLS ID

250038825SD

Description

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)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$8,138
Monthly Cashflow

Rent − PITI − HOA

$-26,746
Full Cashflow

Incl. vacancy, PM, maint, capex

$-33,197

Mortgage (P+I)
$27,786
Cap Rate
-1.18%
Cash-on-Cash
-29.20%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.29
Break-even Rent
$34,884

NOI (Annual)
$-64,931
Price-to-Rent

Lower = better for investors

56.3

* Defaults: 20% down, 6.5% rate, 30yr.

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