
2610 Torrey Pines Rd. #C22
Atop 10%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
This parcel holds a short-term rental license: Tier 2 (home share), through Apr 2027. It doesn’t transfer: a buyer applies for their own.
66 licensed short-term rentals within ½ mile (54 whole home), from the cities' license and permit lists of Nov 1, 2026.
5 short-term rental licenses on file in this 64-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
Pass at asking: -$2,647/mo full cashflow at 20% down, 7.49% rate.
Works at $356,844 (49% under asking), or at 75% down.
Rent $4,742/mo from 8 leases of 1–3 bed condos & townhomes within 0.5 mi ($3,938–$4,486).
Beds
2
Baths
2
Sqft
1,204
Year Built
1966
Days on Market
44
Property Type
Condo
HOA/mo
$899
MLS ID
260022646SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Experience the best of La Jolla living in this light-filled home, ideally located just blocks from La Jolla Shores Beach and minutes from UCSD. Tucked toward the back of the complex, this peaceful residence is set away, creating a notably quiet and private setting. Enjoy the refreshing ocean breeze and lovely mountain and garden views from the spacious private balcony—an inviting space to relax or entertain. Inside, the open-concept floor plan is enhanced by a dramatic wall of windows that fills the home with natural light. New light wood luxury vinyl flooring, upgraded living room lighting, new ceiling fans, and dual-pane windows add style and comfort throughout. The beautifully updated kitchen opens seamlessly to the living area and features crisp white cabinetry, updated countertops, and a new Bosch dishwasher, making it ideal for both everyday living and entertaining. Updated bathrooms and a convenient in-unit laundry area located in the second bathroom complete the interior. Residents of the sought-after La Jolla Racquet Club enjoy exceptional amenities, including a pool, spa, two tennis courts, clubhouse, private storage closet, and gated garage parking. Just moments from the beach, shopping, dining, and all that La Jolla has to offer, this is coastal living at its finest.
Mortgage Calculator
Est. Monthly Payment
$5,715
Location
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Zoned Schools
Elementary
Torrey Pines 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
$4,742
Comp Average
$3,725
3426 Via Alicante
2bd / 2.5ba · 1,140 sqft · Condo
$719K
Est. $3,690/mo
8503 Villa La Jolla Drive
2bd / 2ba · 978 sqft · Condo
$700K
Est. $3,315/mo
2600 Torrey Pines Road
2bd / 2ba · 1,102 sqft · Condo
$799K
Est. $4,163/mo
4155 Executive Drive
2bd / 2ba · 1,102 sqft · Condo
$774K
Est. $3,799/mo
4165 Executive
2bd / 2ba · 1,102 sqft · Condo
$815K
Est. $3,656/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 1–3 bed condos & townhomes within 0.5 mi · $3,938–$4,486
Blended 50/50 with the zip's market median ($5,356)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$2,647/mo short at 20% down; 75% down or +$3,437/mo rent closes it.
- Break-even price
- $356,844
- Break-even rent
- $8,179/mo
- Cashflow at 35% down
- −$1,913/mo
- Down payment to break even
- 75%
- Rate to break even
- Not reachable
49% under asking
$3,437/mo above the estimate
$525,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.49% 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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