2862 Torrey Pines Rd
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2862 Torrey Pines Rd

D

La Jolla, CA 92037

$1,195,000

Soft Appraisal Value: $1,186,000 · 0.8% above estimate

Beds

3

Baths

3

Sqft

2,083

Year Built

1995

Days on Market

112

Property Type

Condo

HOA/mo

$975

MLS ID

260003312SD

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

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About This Property

Motivated Seller! Quick Sell! Great investment because 2842 Torrey Pines Rd. just closed escrow at $1.4M!! Minutes from La Jolla Shores! Nestled in one of La Jolla's most coveted communities, this light-filled two-story residence offers an attached garage with opportunity to create your own coastal retreat. From the moment you step inside, the home welcomes you with an airy ambiance and an open layout. The living and dining areas flow seamlessly to a private balcony, offering the indoor-outdoor living that defines Southern California lifestyle. Generous living space throughout provide the perfect canvas to update and personalize the home to match your vision. The spacious primary suite serves as a relaxing retreat featuring a cozy fireplace and access to a private patio. Additional features include a dog park, abundant storage and a hot tub. Ideally located just minutes from the sand at world-famous La Jolla Shores, as well as shopping, dining and UCSD, this residence combines an unbeatable location with the rare chance to design a home uniquely your own.

Mortgage Calculator

Est. Monthly Payment

$8,561

Principal & Interest$6,043
Property Tax$1,195
Insurance$349
HOA$975
%($239,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$5,234
Monthly Cashflow

Rent − PITIA

$-3,328
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,527

Mortgage (P+I)
$6,043
Cap Rate
0.52%
Cash-on-Cash
-27.75%
DSCR

Need ≥ 1.25 for DSCR loan

0.61
Break-even Rent
$12,412

NOI (Annual)
$6,184
Price-to-Rent

Lower = better for investors

19.0

* 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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