1299 Virginia Way
Dbottom 20%La Jolla, CA 92037
Pass at asking: -$28,529/mo full cashflow at 20% down, 7.49% rate.
Works at $901,336 (80% under asking); even all cash loses money at asking.
Rent $9,029/mo from 16 leases of 2–4 bed houses within 0.5 mi ($7,576–$11,530).
Beds
3
Baths
2.5
Sqft
2,515
Year Built
1990
Days on Market
0
Property Type
Single Family
HOA/mo
N/A
MLS ID
NDP2609997
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Ideally situated in the heart of La Jolla Village, this beautifully remodeled residence offers an exceptional blend of refined design, effortless comfort, and an enviable walkable lifestyle. Just moments from the beaches, boutiques, and celebrated restaurants, the home has been impeccably transformed by its current owner, with thoughtful attention to every detail. The inviting open floor plan seamlessly connects the living room, dining area, and kitchen, where gleaming hardwood floors, beautiful original stained-glass windows, and a crisp all-white aesthetic create a timeless yet contemporary ambiance. The kitchen is beautifully appointed with quartz countertops and premium Thermador appliances. A private rear patio provides the perfect setting for al fresco dining, weekend barbecues, or a quiet morning coffee. The thoughtfully designed floor plan encompasses three bedrooms, a den, and two-and-a-half baths. A separate primary retreat is a true sanctuary, showcasing beautiful views, a fireplace, a generous walk-in closet, and a luxurious bath featuring a soaking tub and steam shower. Two additional bedrooms and a bath are conveniently positioned just off the entry, accessed by a separate staircase. Perhaps the home’s most captivating feature is the spectacular rooftop deck, where unobstructed ocean and Village views provide an extraordinary backdrop for entertaining or simply unwinding. Complete with comfortable sectional seating and a fire pit, it’s a setting that invites you to linger long after the sun goes down. Additional amenities include a welcoming putting green, abundant storage, a dedicated laundry room, and a two-car garage with an adjoining exercise room that could easily be reimagined as a private wine room. Beautifully appointed throughout, this is a home that captures the essence of La Jolla living—elegant yet relaxed, thoughtfully curated, and perfectly suited to enjoying the very best of the Village and the coast.
Mortgage Calculator
Est. Monthly Payment
$31,648
Location
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Comparable Properties
5 comps foundThis Property
$9,029
Comp Average
$8,487
316 Gravilla Street
3bd / 2.5ba · 2,442 sqft · Single Family
$4.10M
Est. $9,404/mo
2551 Via Viesta
3bd / 2.5ba · 2,383 sqft · Single Family
$3.85M
Est. $8,726/mo
6617 Avenida De Las Pescas
4bd / 4ba · 2,619 sqft · Single Family
$4.29M
Est. $10,695/mo
7556 Pepita Way
3bd / 2.5ba · 2,186 sqft · Single Family
$4.00M
Est. $6,757/mo
633 Fern Glen
2bd / 2.5ba · 2,506 sqft · Single Family
$3.25M
Est. $6,854/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
16 leases of 2–4 bed houses within 0.5 mi · $7,576–$11,530
Blended 50/50 with the zip's market median ($7,244)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$28,529/mo short at 20% down; +$37,051/mo rent closes it.
- Break-even price
- $901,336
- Break-even rent
- $46,080/mo
- Cashflow at 35% down
- −$23,709/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
80% under asking
$37,051/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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