608 Forward Street

608 Forward Street

D

La Jolla, CA 92037

$2,199,000

Beds

3

Baths

2

Sqft

1,350

Year Built

1937

Days on Market

19

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2601063

Description

Bird Rock— One of San Diego’s most coveted coastal enclaves. Nestled just moments from the beach, beloved local cafés, and top-rated schools, 608 Forward Street presents an exceptional opportunity as a full-time residence, coastal retreat, or high-performing cash flowing vacation rental.. This thoughtfully reimagined 3-bedroom, 2-bath residence spans approximately 1,350 sq ft, blending timeless charm with elevated, modern design. The first floor features a versatile office with built-ins, a full bath, and a dedicated laundry room. Upstairs, you'll find two serene bedrooms and an additional full bathroom, along with an open-concept living space that flows effortlessly onto a balcony terrace with sweeping ocean views. A spiral staircase leads to a tranquil, professionally landscaped backyard—featuring lush palm trees, low-maintenance turf, an outdoor shower, and a shaded lounge retreat beneath the cantilevered deck. Ample under-home storage offers space for surfboards, kayaks, and beach cruisers. This is refined coastal living at its finest, tucked within one of La Jolla’s most prestigious and walkable neighborhoods.

Mortgage Calculator

Est. Monthly Payment

$13,960

Principal & Interest$11,119
Property Tax$2,199
Insurance$641
%($439,800)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$7,191
Monthly Cashflow

Rent − PITI − HOA

$-6,768
Full Cashflow

Incl. vacancy, PM, maint, capex

$-10,255

Mortgage (P+I)
$11,119
Cap Rate
0.47%
Cash-on-Cash
-18.47%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.65
Break-even Rent
$13,959

NOI (Annual)
$10,375
Price-to-Rent

Lower = better for investors

25.5

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

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