1014 Coast

1014 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

260005401SD

Description

PLEASE READ ENTIRE REMARK BEFORE CONSIDERING. THIS IS ONE OF TWO PROPERTIES, SOLD TOGETHER: Exceptional La Jolla Cove ocean-view residence along prestigious Coast Blvd South. Enjoy sweeping views across Scripps Park, the Children’s Pool, and whitewater Pacific coastline, with Catalina Island visible on clear days. Designed to capture the scenery, the inverted floor plan places the main living spaces on the top level, where soaring open-beam ceilings, expansive windows, and an ocean-view deck frame the park and Pacific beyond. Offering approximately 2,619 sq ft across four levels, the residence features 3 bedrooms plus optional 4th bedroom/family room, 4 full baths, and elevator access throughout. The flexible layout includes spacious bedrooms, multiple living areas, and a walk-out lower level ideal for guests, office, or media space. Two off-street parking spaces add valuable convenience. Located just steps from La Jolla Cove and the Village, with renowned restaurants, boutiques, galleries, beaches, and coastal parks moments away. Currently tenant-occupied and presenting a compelling opportunity for modernization or creative reimagining. The neighboring near mirror-image residence at 1010 Coast Blvd South (MLS#260005400) is also offered for sale, creating a rare opportunity to acquire both properties and explore a larger combined coastal residence or investment concept, subject to 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 prior to scheduling a tour.

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
$10,364
Monthly Cashflow

Rent − PITI − HOA

$-9,163
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,110

Mortgage (P+I)
$15,554
Cap Rate
0.56%
Cash-on-Cash
-17.87%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.53
Break-even Rent
$19,527

NOI (Annual)
$17,327
Price-to-Rent

Lower = better for investors

24.7

* 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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