100 Coast
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100 Coast #405

C

La Jolla, CA 92037

$3,995,000

Soft Appraisal Value: $2,674,300 · 49.4% above estimate

Beds

2

Baths

2

Sqft

1,439

Year Built

1976

Days on Market

191

Property Type

Condo

HOA/mo

$1,592.71

MLS ID

250043728SD

This property is in La Jolla (92037). View neighborhood stats →

Virtual Tour

About This Property

Rarely on the market! Unparallel Oceanfront living at renowned 100 Coast Blvd. Perfectly positioned 2-bedroom, 2- bath luxury penthouse on the Coast. Enjoy relaxing sounds of the surf and watch the ever-changing white water and sunset views from the privacy of your own home. Lounge outside on your own private patio where you might spot pelicans, dolphins and even passing whales swim by. This turnkey, single level residence is almost brand new and is being sold completely furnished. There are 2 side by side parking spaces in a secure garage. Enjoy direct beach access from the expansive sun deck off the pool, spa and sauna area. Imagine walks on the picturesque sandy beaches! Community improvements and new landscaping are in the final stages of completion. La Jolla's world-famous Cove, Village, museums, and shopping are close by. This true dream home can be yours! Extensive, comprehensive renovations to this premier oceanfront complex are underway and are in the final stages of completion. Building has all new concrete walkways, stucco and brand-new roofs with extended warranties. All new garage waterproofing and raised podium deck planters with new sidewalks,drains,and landscaping throughout. Units have new patio decks, glass and stainless-steel railings. All units have new windows, sliding glass doors and entry doors. Extensive landscape designs are currently underway! A true masterpiece when completed!

Mortgage Calculator

Est. Monthly Payment

$26,954

Principal & Interest$20,201
Property Tax$3,995
Insurance$1,165
HOA$1,593
%($799,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,930
Monthly Cashflow

Rent − PITIA

$-22,024
Full Cashflow

Incl. vacancy, PM, maint, capex

$-26,487

Mortgage (P+I)
$20,201
Cap Rate
-1.89%
Cash-on-Cash
-39.78%
DSCR

Need ≥ 1.25 for DSCR loan

0.18
Break-even Rent
$39,328

NOI (Annual)
$-75,429
Price-to-Rent

Lower = better for investors

67.5

* Defaults: 20% down, 6.5% rate, 30yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

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