6432 Cardeno Dr
Ctop 80%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
6 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 6, 2026.
Pass at asking: -$18,085/mo full cashflow at 20% down, 7.43% rate.
Works at $1,044,198 (69% under asking), or at 97% down.
Rent $10,416/mo from 9 leases of 4-bed houses within 1 mi ($8,151–$13,713).
Beds
4
Baths
2
Sqft
2,067
Year Built
1959
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
260026386SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
An exceptional opportunity to create your dream coastal estate on nearly half an acre in La Jolla. Privately positioned to capture sweeping ocean views, this expansive property offers endless possibilities with no CC&Rs. A classic single-level residence greets you via a brick circular driveway; beyond, a sun-drenched courtyard centers on a pool and spa framed by panoramic views. Your new dream home’s second story would feature even more extensive 270-degree ocean views and sweeping downtown skyline views! A rare opportunity to bring your vision to life in one of San Diego’s most sought-after coastal communities.
Mortgage Calculator
Est. Monthly Payment
$23,273
Location
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Zoned Schools
Elementary
Bird Rock Elementary · grades K-5 · San Diego Unified
Middle
Muirlands Middle · grades 6-8 · San Diego Unified
High
La Jolla High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$10,416
Comp Average
$8,380
5877 Soledad Mountain Road
4bd / 2ba · 2,401 sqft · Single Family
$2.74M
Est. $9,484/mo
1044 Avenida Amantea
4bd / 2ba · 2,010 sqft · Single Family
$2.90M
Est. $8,611/mo
5943 La Jolla Corona Drive
3bd / 2ba · 1,922 sqft · Single Family
$3.29M
Est. $8,764/mo
8838 La Jolla Scenic Drive
4bd / 2.5ba · 2,168 sqft · Single Family
$3.00M
Est. $7,664/mo
6381 Castejon
3bd / 2ba · 1,950 sqft · Single Family
$3.00M
Est. $7,376/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 · $8,151–$13,713
Blended 50/50 with the zip's market median ($7,943)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$18,085/mo short at 20% down; 97% down or +$23,487/mo rent closes it.
- Break-even price
- $1,044,198
- Break-even rent
- $33,903/mo
- Cashflow at 35% down
- −$14,545/mo
- Down payment to break even
- 97%
- Rate to break even
- Not reachable
69% under asking
$23,487/mo above the estimate
$3,297,030 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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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