636 Wrelton Dr
Dbottom 20%La Jolla, CA 92037
Pass at asking: -$31,206/mo full cashflow at 20% down, 7.49% rate.
Works at $1,449,166 (74% under asking); even all cash loses money at asking.
Rent $14,517/mo from 9 leases of 4-bed houses within 1 mi ($13,615–$17,779).
Beds
4
Baths
4.5
Sqft
4,335
Year Built
2007
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026206SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
An absolutely remarkable opportunity to own a flawless Bird Rock home at a truly unbelievable value! Located just a few homes from the ocean, this custom 2007-built Mediterranean villa captures rare south-facing panoramic whitewater views from Pacific Beach to the Coronado Islands in Mexico. Set on an unusually large, flat and usable 9,000 sq ft lot, this elevator-accessible two-story home was designed with a reverse floor plan and soaring 10ft ceilings to maximize its breathtaking ocean views from the kitchen, dining, family room, primary suite, and multiple view decks. The chef's kitchen features dual islands, high-end appliances and flows seamlessly to the main living spaces. The ground level offers three en-suite bedrooms, including a secondary primary suite, a bedroom with separate exterior entrance and bar/kitchenette - ideal as a private guest suite, or dream home office. A separate living area with hidden bar and custom 200-bottle temperature-controlled wine cellar opens directly to an expansive backyard that bears endless possibilities. Mature tropical landscaping, a covered patio, outdoor kitchen, large natural gas fire pit, and low-maintenance hand-laid mosaic and paver hardscape create a private resort-like setting. Located on a quiet, seldom traveled Cul-De-Sac setting, just steps away from Tourmaline Beach, restaurants, shopping, the boardwalk, Pacific Beach Point, Calumet Park, and much more. This home offers scale, privacy, walkability, panoramic views and now irreplaceable value. This is the best deal you will find on a Bird Rock custom home! Don't miss it!
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Est. Monthly Payment
$37,805
Location
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Comparable Properties
5 comps foundThis Property
$14,517
Comp Average
$15,235

1745 Amalfi St
4bd / 4.5ba · 4,728 sqft · Single Family
$5.89M
Est. $16,509/mo
7825 Prospect Pl
4bd / 5ba · 4,219 sqft · Single Family
$5.80M
Est. $14,712/mo
6989 Paseo Laredo
5bd / 4.5ba · 4,274 sqft · Single Family
$6.20M
Est. $15,505/mo
743 Glenview
5bd / 6.5ba · 4,238 sqft · Single Family
$6.00M
Est. $14,746/mo
7324 Remley Pl
4bd / 3.5ba · 3,750 sqft · Single Family
$5.95M
Est. $14,703/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
9 leases of 4-bed houses within 1 mi · $13,615–$17,779
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$31,206/mo short at 20% down; +$40,528/mo rent closes it.
- Break-even price
- $1,449,166
- Break-even rent
- $55,045/mo
- Cashflow at 35% down
- −$25,449/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
74% under asking
$40,528/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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