5912 La Jolla Blvd

5912 La Jolla Blvd

D

La Jolla, CA 92037

$3,600,000

Beds

3

Baths

4

Sqft

2,855

Year Built

1985

Days on Market

8

Property Type

Single Family

HOA/mo

N/A

MLS ID

260004250SD

Description

Location-location-location-this home is situated in the coveted Lower Hermosa neighborhood of La Jolla, just one street from the ocean. Offered for the first time in over 50 years the property presents endless opportunities for dream-come-true coastal living. Enjoy a convenient stroll south to Bird Rock Village with its charming boutiques, cafes, and fine dining, or walk north to the pristine shoreline of iconic Windansea Beach. This modern-ranch style home features scenic whitewater views and spectacular sunsets (Green Flash anyone?). The view can be seen from the upstairs primary bedroom and ocean-view deck. In addition, there is an adjoining flexible interior space with ocean views offering potential for a family entertaining area, game or pool rm, or private den. The easy living main level includes a spacious living room with high ceilings and a dramatic double-sided fireplace opening to an expansive glass-enclosed dining and lounge area overlooking a lush tropical backyard. The main level also includes two bedrooms, an optional 4th bedroom now being used as a media room, and an open airy kitchen with center-island cooktop. Experience the essence of La Jolla's iconic coastal lifestyle. This ocean view property offers a rare opportunity to reimagine the existing home or build an exceptional new coastal retreat. This modern-ranch style home features scenic whitewater views and spectacular sunsets (Green Flash anyone?). The view can be seen from the upstairs primary bedroom and ocean-view deck. In addition, there is an adjoining flexible interior space with ocean views offering potential for a family entertaining area, game room or pool room, or private den. The easy living main level includes a spacious living room with high ceilings and a dramatic double-sided fireplace opening to an expansive glass-enclosed dining and lounge area overlooking a lush tropical backyard. The main level also includes two bedrooms, an optional 4th bedroom now being used as a media room, and an open airy kitchen with center-island cooktop. Experience the essence of La Jolla's iconic coastal lifestyle. This ocean view property offers a rare opportunity to reimagine the existing home or build an exceptional new coastal retreat.

Mortgage Calculator

Est. Monthly Payment

$22,854

Principal & Interest$18,204
Property Tax$3,600
Insurance$1,050
%($720,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$8,122
Monthly Cashflow

Rent − PITI − HOA

$-14,732
Full Cashflow

Incl. vacancy, PM, maint, capex

$-19,600

Mortgage (P+I)
$18,204
Cap Rate
-0.47%
Cash-on-Cash
-24.55%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$22,854

NOI (Annual)
$-16,753
Price-to-Rent

Lower = better for investors

36.9

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

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