230 Prospect St

230 Prospect St

D

La Jolla, CA 92037

$599,000
NEW — 5d on market

Beds

Baths

1

Sqft

392

Year Built

1960

Days on Market

5

Property Type

Condo

HOA/mo

$850

MLS ID

260006873SD

View on MLS

Description

Delightful and upgraded studio condo with a rare, spacious and private terrace is ideally located in The Village. Wood flooring, a stylish kitchen and bath, and fireplace are just a few of the many highlights. Enjoy easy strolls to the beach, museum, and all the boutiques, acclaimed restaurants, and galleries in downtown La Jolla. The well-maintained and secure elevator building includes an expansive rooftop deck with unobstructed views of the Pacific coastline. Condo includes a parking space and storage in the secure underground garage.

Mortgage Calculator

Est. Monthly Payment

$4,653

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$850
%($119,800)
%

Investment Score

12D
Est. Monthly Rent
$4,792
Monthly Cashflow

Rent − PITI − HOA

+$139
Full Cashflow

Incl. vacancy, PM, maint, capex

$-1,462

Mortgage (P+I)
$3,029
Cap Rate
3.14%
Cash-on-Cash
-14.65%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.03
Break-even Rent
$6,691

NOI (Annual)
$18,800
Price-to-Rent

Lower = better for investors

10.4

* 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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