5610 Bellevue Avenue
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5610 Bellevue Avenue

C

La Jolla, CA 92037

$6,689,000

Beds

4

Baths

3.5

Sqft

3,178

Year Built

1944

Days on Market

10

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2605889

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

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About This Property

Set on an oversized, elevated corner lot in the heart of Bird Rock, this newly constructed residence is what coastal La Jolla living is supposed to feel like and is now being offered for sale with a Lease-to-Own option for the right buyer! This entertainer's dream home is just over 3,100 square feet and consists of 4 bedrooms, 3.5 bathrooms, and an attached junior ADU perfect for friends, family, or rental income. The heart of the home is an expansive chef's kitchen built around Viking and Miele appliances and highly sought-after Taj Mahal Quartzite countertops, all seamlessly flowing into the outdoor entertainment areas through bi-folding doors. DuChateau hardwood floors and custom cabinetry carry throughout, with solid walnut countertops in the secondary bathrooms adding the kind of detail you only find in new construction homes built with care. Upstairs, the primary suite opens through its own bi-folding doors to a private rooftop deck with blue-water ocean views, your own quiet perch to take in every beautiful La Jolla sunset. A second rooftop deck serves the rest of the home, an entertainer's vantage point where panoramic ocean views and evening light do all the talking, ready for everything from a glass of wine at golden hour to a full gathering under the stars. This home is perfectly positioned on a quiet, residential corner of Bird Rock, offering a sense of calm privacy while keeping you just a short walk from beaches, Bird Rock Elementary, and local favorites like Beaumont's and Bird Rock Coffee Roasters. Whether you're after a primary residence or a true lock-and-leave coastal retreat, this is a rare opportunity to own one of Bird Rock's finest new construction homes, with a Lease-to-Own option available for the right buyer.

Mortgage Calculator

Est. Monthly Payment

$42,463

Principal & Interest$33,823
Property Tax$6,689
Insurance$1,951
%($1,337,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$9,336
Monthly Cashflow

Rent − PITIA

$-33,127
Full Cashflow

Incl. vacancy, PM, maint, capex

$-40,849

Mortgage (P+I)
$33,823
Cap Rate
-1.26%
Cash-on-Cash
-36.64%
DSCR

Need ≥ 1.25 for DSCR loan

0.22
Break-even Rent
$62,386

NOI (Annual)
$-84,305
Price-to-Rent

Lower = better for investors

59.7

* 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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