5736 La Jolla Corona

5736 La Jolla Corona

Dbottom 20%

La Jolla, CA 92037

$7,995,000
NEW — 1d

Pass at asking: -$49,907/mo full cashflow at 20% down, 7.43% rate.

Works at $1,497,047 (81% under asking); even all cash loses money at asking.

Rent $15,303/mo from 14 leases of 4–6 bed houses within 0.5 mi ($13,441–$19,225).

Beds

5

Baths

5

Sqft

4,239

Year Built

1997

Days on Market

1

Property Type

Single Family

HOA/mo

$285

MLS ID

260026697SD

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

About This Property

Arguably one of the best south coast white water ocean views of the coast, city and Mission Bay in all of La Jolla frames this single level five bedroom, four and a half bath home of approximately 4239 square feet. In addition to the panoramic ocean views visible through walls of glass, upon entering the house through towering double doors with custom sidelights by Leslie Perris, you will be immediately struck by the volume of the living room and dining room, each with articulated coffered ceilings and expansive walls perfect for an art collection or display shelves. The thoughtful floor plan separates the luxurious master bedroom with its enormous spa bath and fitted closet and adjacent study from the other four bedrooms. The gourmet kitchen has concrete counters, a Subzero refrigerator, six burner stove, and breakfast bar all of which spill onto the open plan family room with fireplace. Looking out your kitchen or family room window, you will see the flagstone entertaining patio perfect for large or small scale gatherings with BBQ and refrigerator and when you pass through the French doors to the pebbled pool and spa for that refreshing dip or walk to the communal tennis court marvel at the fact that you can call 5736 La Jolla Corona home.

Mortgage Calculator

Est. Monthly Payment

$55,027

Principal & Interest$44,416
Property Tax$7,995
Insurance$2,332
HOA$285
%($1,599,000)
%
Loan Term

Location

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Investment Score

0D
Est. Monthly Rent
$15,303

14 leases of 4–6 bed houses within 0.5 mi · $13,441–$19,225

Monthly Cashflow

Rent − PITIA

-$39,725
Full Cashflow

Incl. vacancy, PM, maint, capex

-$49,907

What would make this work?

$49,907/mo short at 20% down; +$64,814/mo rent closes it.

Break-even price

81% under asking

$1,497,047
Break-even rent

$64,814/mo above the estimate

$80,117/mo
Cashflow at 35% down
−$41,579/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$44,416
Cap Rate
-0.71%
Cash-on-Cash
-37.45%
DSCR

Need ≥ 1.25 for DSCR loan

0.28

NOI (Annual)
-$56,712
Price-to-Rent

Lower = better for investors

43.5

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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DCashflow−$49,907/mo