2217 Via Pedrera
Ctop 80%La Jolla, CA 92037
6 licensed short-term rentals within ½ mile (3 whole home), from the cities' license and permit lists of Nov 6, 2026.
No unit in this 14-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$8,956/mo full cashflow at 20% down, 7.43% rate.
Works at $482,927 (71% under asking), or at 99% down.
Rent $5,774/mo from 17 leases of 3-bed condos & townhomes within 2 mi ($5,458–$7,021).
Beds
3
Baths
2
Sqft
1,761
Year Built
1988
Days on Market
46
Property Type
Condo
HOA/mo
$736.75
MLS ID
260023083SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Welcome to easy La Jolla living in desirable El Dorado II. This beautifully refreshed single-level residence offers 3 bedrooms, 2 baths and nearly 1,800 square feet with an open floor plan designed for both everyday living and entertaining. Soaring ceilings and abundant natural light create a wonderful sense of space, while beautiful flooring and fresh interior paint give the home a light, clean and inviting feel. The spacious living room with fireplace flows into the dining area and opens to a private patio and yard, extending the living space outdoors. The generous primary suite offers a peaceful retreat, while two additional bedrooms provide flexibility for guests, family or a home office. An attached two-car garage adds convenience and storage. Residents enjoy access to the La Jolla Alta Master Council amenities, including clubhouse, pools, spa, fitness center, tennis and pickleball courts. Ideally located just minutes from La Jolla’s beaches, Village, shopping, dining and freeway access. A wonderful opportunity to enjoy single-level living and the La Jolla lifestyle in a beautifully maintained community.
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Est. Monthly Payment
$12,028
Location
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Zoned Schools
Elementary
Bird Rock Elementary · grades K-5 · San Diego Unified
Middle
Muirlands Middle · grades 6-8 · San Diego Unified
High
La Jolla High · grades 9-12 · San Diego Unified
The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.
Comparable Properties
5 comps foundThis Property
$5,774
Comp Average
$6,393
3982 La Jolla Village Dr
4bd / 2.5ba · 1,746 sqft · Condo
$1.05M
Est. $5,283/mo
939 Coast Boulevard
3bd / 2ba · 1,608 sqft · Condo
$1.75M
Est. $9,275/mo
101 Coast Boulevard
2bd / 2.5ba · 1,615 sqft · Condo
$1.80M
Est. $7,085/mo
3211 Caminito Eastbluff
3bd / 2.5ba · 1,707 sqft · Townhouse
$1.32M
Est. $4,743/mo
2538 Caminito Muirfield
3bd / 2.5ba · 1,858 sqft · Townhouse
$1.59M
Est. $5,580/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
17 leases of 3-bed condos & townhomes within 2 mi · $5,458–$7,021
Blended 50/50 with a property-level estimate
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$8,956/mo short at 20% down; 99% down or +$11,631/mo rent closes it.
- Break-even price
- $482,927
- Break-even rent
- $17,405/mo
- Cashflow at 35% down
- −$7,238/mo
- Down payment to break even
- 99%
- Rate to break even
- Not reachable
71% under asking
$11,631/mo above the estimate
$1,632,510 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% 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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