
6653 Neptune #Share B
Atop 10%La Jolla, CA 92037
Pass at asking: -$2,362/mo full cashflow at 20% down, 7.43% rate.
Works at $992,485 (24% under asking), or at 47% down.
Rent $9,899/mo from 10 leases of 3-bed houses within 0.5 mi ($9,411–$15,404).
Beds
3
Baths
4.5
Sqft
3,124
Year Built
2012
Days on Market
378
Property Type
Single Family
HOA/mo
N/A
MLS ID
250042699SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Own one-eighth of this professionally managed, turnkey home. This is multi-tasking, La Jolla style: Catch the perfect sunset as you splash in the ocean waves or sip a cool drink in the rooftop saltwater pool. The surf breaks just steps from this 3-bedroom, 4½ bath custom home. Everything is designed to make the most of the Pacific views. Vanishing window walls transform indoor spaces into open-air living at its finest. The open plan living space has a gas fireplace and a sleek kitchen with a curved island and a space for formal dining. Unique materials and touchable textures are used throughout the home, including a back-lit Brazilian granite steam room. The primary suite has a luxurious ensuite with double sinks, soaking tub and walk-in shower. A vanishing window wall opens to a private balcony and stunning ocean views. Enjoy the rooftop infinity pool area with its 8-person spa and adjoining lounge area with wet bar. Restock the bar from the home’s wine room. And when you’re ready to leave this Pacific paradise, there’s a hydraulic driveway and a turntable garage floor that ensures you always leave facing the ocean. The home comes turnkey, fully furnished and professionally decorated.
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Est. Monthly Payment
$8,901
Location
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Comparable Properties
3 comps foundThis Property
$9,899
Comp Average
$9,567

442 Westbourne St
4bd / 4.5ba · 3,663 sqft · Single Family
$1.11M
Est. $11,605/mo
8477 El Paseo Grande
4bd / 3ba · 3,116 sqft · Single Family
$1.18M
Est. $9,591/mo
5849 Caminito Del Estio
3bd / 2.5ba · 2,046 sqft · Single Family
$1.78M
Est. $7,504/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3-bed houses within 0.5 mi · $9,411–$15,404
Blended 50/50 with the zip's market median ($7,492)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,362/mo short at 20% down; 47% down or +$3,068/mo rent closes it.
- Break-even price
- $992,485
- Break-even rent
- $12,967/mo
- Cashflow at 35% down
- −$1,008/mo
- Down payment to break even
- 47%
- Rate to break even
- 3.82%
24% under asking
$3,068/mo above the estimate
$611,000 cash
at 20% down
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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