5341 Linda Way
About This Property
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 17, 2025 | Sold | ||
| Sold | |||
| Oct 21, 2025 | In contract | - | |
| In contract | |||
| Oct 10, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $3,495,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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Located in West Bird Rock—one of La Jolla’s most charming, community-spirited, and walkable neighborhoods where the sounds of the surf, miles of coastline, and vibrant local shops and eateries define daily life—this beautifully remodeled contemporary home embodies the essence of San Diego’s iconic coastal lifestyle. Extensively reimagined in 2019, the single-level 3-bedroom, 2-bath residence features an airy, open-concept design that seamlessly unites indoor and outdoor living. From the inviting backyard through the sunlit interior to the welcoming front deck, every space flows effortlessly, creating the perfect setting for relaxed entertaining and the enjoyment of ocean views, golden sunsets, and cool sea breezes. Whether you’re ready to move in and savor the home as is, or envision building up to take advantage of its elevated lot for panoramic ocean views, this property offers exceptional flexibility for life’s many chapters. Additional highlights include a cozy gas fireplace, smart home technology, a dedicated laundry room, abundant interior storage, an under-home storeroom, a two-car garage with EV charging, and two off-street driveway parking spaces. Just 300 feet from your front door, stairs lead directly to the beach for tide-pooling, surfing, and sunset walks, while the heart of Bird Rock—featuring its beloved shops, cafés, Calumet Park, and Bird Rock Elementary—are just moments away.
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| Aug 6, 2025 | Price Decreased |
$3,495,000
↓ $200K
(5.4%) | |
| Price Decreased | |||
| Jul 7, 2025 | Listed | $3,695,000 | |
| Listed | |||
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Sleek coastal retreat with ocean views, extensively remodeled in 2019 and ideally located in La Jolla’s coveted Lower Bird Rock neighborhood. This single-level home offers 3 bedrooms, 2 full bathrooms, and an open-concept layout that flows effortlessly from the living, dining, and kitchen areas to both the ocean-view front deck and the peaceful backyard. Interior highlights include wide plank wood flooring, a stylish kitchen with breakfast bar, an inviting fireplace, and beautifully updated bathrooms. Modern comforts abound with central heating, smart home features, a 2-car garage plus driveway parking, and more. Situated on a quiet street in a neighborhood that does not have restrictions for adding a second story! Located just one block from the PB Point beach access stairs to one of the best surf spots in SD, and a short stroll to Calumet Park, Bird Rock Elementary, and the charming local shops and restaurants that define the area’s unique sense of community and walkability.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017