2516 Ruette Nicole

2516 Ruette Nicole

D

La Jolla, CA 92037

$15,995,000

Beds

5

Baths

6

Sqft

8,216

Year Built

2003

Days on Market

92

Property Type

Single Family

HOA/mo

$1,400.7

MLS ID

250044899SD

Description

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

$102,940

Principal & Interest$80,879
Property Tax$15,995
Insurance$4,665
HOA$1,401
%($3,199,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$8,410
Monthly Cashflow

Rent − PITI − HOA

$-94,530
Full Cashflow

Incl. vacancy, PM, maint, capex

$-109,794

Mortgage (P+I)
$80,879
Cap Rate
-2.17%
Cash-on-Cash
-35.46%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.10
Break-even Rent
$102,940

NOI (Annual)
$-346,970
Price-to-Rent

Lower = better for investors

158.5

* Defaults: 20% down, 6.5% rate, 30yr.

Get Expert AnalysisOpen Full Calculator