2516 Ruette Nicole
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2516 Ruette Nicole

D

La Jolla, CA 92037

$15,300,000

Soft Appraisal Value: $13,905,700 · 10.0% above estimate

Beds

5

Baths

6

Sqft

8,216

Year Built

2003

Days on Market

137

Property Type

Single Family

HOA/mo

$1,400.7

MLS ID

250044899SD

This property is in La Jolla (92037). View neighborhood stats →

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About This Property

A masterful residence with magnificent ocean views, this beautiful, gorgeous home is set above the beaches of La Jolla Shores overlooking panoramic white-water views of the ocean, La Jolla Cove, and Scripps Pier. Tall walls of glass showcase the sweeping panorama. Impressive, yet, welcoming, the home offers a space for every need. The entry-level primary suite overlooks a lovely courtyard, to the view. Within the gated Montoro enclave, this sophisticated and deeply-inviting home is a true coastal retreat. Sited to optimize enjoyment of the views from everywhere, with expansive decking overlooking the day-and-night panorama. All bedrooms are en-suite, have walk-in closets, and immediate access to the outdoors. The kitchen is fabulous in its beauty, function, and design, has spacious informal dining and views galore. With a flexible floorplan, the home offers an office/library, gym, playroom/den, and elevator. Common amenities include basketball, tennis, pool, and a dog park. A serene, private yard completes the picture.

Mortgage Calculator

Est. Monthly Payment

$98,528

Principal & Interest$77,365
Property Tax$15,300
Insurance$4,462
HOA$1,401
%($3,060,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$10,692
Monthly Cashflow

Rent − PITIA

$-87,836
Full Cashflow

Incl. vacancy, PM, maint, capex

$-103,045

Mortgage (P+I)
$77,365
Cap Rate
-2.01%
Cash-on-Cash
-40.41%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.11
Break-even Rent
$144,517

NOI (Annual)
$-308,158
Price-to-Rent

Lower = better for investors

119.2

* 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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