1010 Coast

1010 Coast

D

La Jolla, CA 92037

$3,076,000
NEW — 4d on market

Beds

3

Baths

4

Sqft

2,619

Year Built

1982

Days on Market

4

Property Type

Condo

HOA/mo

N/A

MLS ID

260005400SD

Description

PLEASE READ ENTIRE REMARK BEFORE CONSIDERING. THIS IS ONE OF TWO PROPERTIES, SOLD TOGETHER: Rare opportunity along coveted Coast Blvd South in the heart of La Jolla Cove - Children's Pool Coast. This architecturally distinctive ocean-view residence overlooks Scripps Park, the Children’s Pool, and whitewater coastline, with panoramic views stretching north and Catalina Island visible on clear days. The home’s inverted floor plan places the living spaces on the top level to capture the views, featuring soaring open-beam ceilings, expansive picture windows, and a glass rail enclosed ocean-view deck where the Pacific becomes part of everyday living. Approximately 2,619 sq ft across four levels, the residence includes 3 bedrooms plus optional 4th bedroom/family room, 4 full baths, and elevator access to every level. Flexible lower-level space offers options for guests, office, or media room. Two off-street parking spaces add convenience in this premier coastal location. Just minutes to La Jolla Cove and the Village, with world-class restaurants, shops, galleries, and beaches just outside your door. Offered as a trust sale, presenting a rare opportunity to update or reimagine a distinctive coastal property. The adjacent near mirror-image residence at 1014 Coast Blvd S. (MLS #260005401) is also available, creating a unique opportunity for a combined coastal compound or expanded vision, subject to buyer investigation and approvals. SELLER WISHES TO SELL BOTH APNs/PROPERTIES (the entire building and lot) TO THE SAME BUYER. Interested buyers are encouraged to drive by property.

Mortgage Calculator

Est. Monthly Payment

$19,527

Principal & Interest$15,554
Property Tax$3,076
Insurance$897
%($615,200)
%

Investment Score

3D
Est. Monthly Rent
$10,680
Monthly Cashflow

Rent − PITI − HOA

$-8,847
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,867

Mortgage (P+I)
$15,554
Cap Rate
0.66%
Cash-on-Cash
-17.26%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.55
Break-even Rent
$19,527

NOI (Annual)
$20,247
Price-to-Rent

Lower = better for investors

24.0

* 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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