2420 Torrey Pines Road

2420 Torrey Pines Road

D

La Jolla, CA 92037

$1,025,000

Soft Appraisal Value: $1,428,400 · 28.2% below estimate

Beds

2

Baths

2

Sqft

1,410

Year Built

1977

Days on Market

11

Property Type

Condo

HOA/mo

$800

MLS ID

NDP2602375

Description

Welcome home to a spacious single-level residence located in the Sandpiper complex in the heart of La Jolla. This 2-bedroom, 2-bath condominium offers a 1,410 sq ft floor plan with a comfortable layout that balances everyday functionality with relaxed living. The bright interior features a neutral kitchen with granite countertops and ample storage, a welcoming living room with fireplace, a dedicated dining area, and two private balconies that extend the living space outdoors. Both bedrooms offer comfortable space, including a primary suite with a large walk-in closet, while an in-unit laundry room adds everyday convenience. Recent improvements include fresh interior paint throughout, a new electrical panel (2025), a 2019 HVAC system, and additional soundproofing for enhanced comfort. The residence is conveniently located near the elevator and includes two covered parking spaces (#27 and #28) in a secured underground garage. Just minutes from La Jolla Village, beaches, UC San Diego, shopping, and dining, the property offers an appealing opportunity as a primary residence, second home, or investment rental in one of San Diego’s most desirable coastal communities.

Mortgage Calculator

Est. Monthly Payment

$7,307

Principal & Interest$5,183
Property Tax$1,025
Insurance$299
HOA$800
%($205,000)
%

Investment Score

0D
Est. Monthly Rent
$3,735
Monthly Cashflow

Rent − PITI − HOA

$-3,572
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,285

Mortgage (P+I)
$5,183
Cap Rate
-0.12%
Cash-on-Cash
-20.91%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.51
Break-even Rent
$7,307

NOI (Annual)
$-1,227
Price-to-Rent

Lower = better for investors

22.9

* 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.

Get Expert AnalysisOpen Full Calculator