5530 Candlelight Dr
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%.
How much can I actually make?
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 |
|---|---|---|---|
| Aug 27, 2025 | Sold | ||
| Sold | |||
| Aug 8, 2025 | In contract | - | |
| In contract | |||
| May 7, 2025 | Listed by Compass | $4,950,000 | |
| Listed by Compass | |||
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Nestled in the scenic hills of La Jolla, 5530 Candlelight Drive is a 3,364 sq ft retreat that blends modern elegance with laid-back coastal charm. With 4 bedrooms, 4.5 bathrooms, and a flexible layout, it’s perfect for both relaxed living and stylish entertaining. The open-concept great room flows into a chef’s kitchen featuring a Bosch dishwasher, two built-in Wolf ovens, sleek cabinetry, and a spacious island. Natural light pours in through large windows, highlighting the seamless indoor-outdoor design. Two en-suite bedrooms are located on the main level, while a private-entry attached casita with its own kitchenette offers ideal space for guests or a home office. Upstairs, a cozy family room with wet bar opens to a stunning view deck through sliding pocket doors—framing panoramic views of the ocean, Mission Bay, and city lights. The luxurious primary suite includes a spa-like bath and mirrored doors that reveal breathtaking vistas. Outside, enjoy two covered patios, a jacuzzi, sauna, and spacious yard—an entertainer’s dream. From world-class beaches and top-rated schools to fine dining and boutique shopping, La Jolla offers the best of Southern California living. Schedule your private showing today and discover the beauty and lifestyle that await at 5530 Candlelight Drive.
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| Oct 6, 2021 | No longer available | - | |
| No longer available | |||
| Nov 28, 2020 | In contract | - | |
| In contract | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017