3121 Evening Way

3121 Evening Way

D

La Jolla, CA 92037

$1,075,000

Beds

3

Baths

2

Sqft

1,406

Year Built

1980

Days on Market

13

Property Type

Condo

HOA/mo

$624

MLS ID

260003900SD

Description

STUNNING 3 BD/2 BA FULLY REMODELED LA JOLLA TERRACE HOME with over 75K IN RECENT UPGRADES! NEW CUSTOM DESIGNER KITCHEN with white & grey shaker cabinets, quartz counters, subway tile backsplash, single basin sink with high arc faucet, matte black pulls, glass cabinet display doors, display shelving, wine fridge, new refrigerator and hood. Walls opened to maximize space at kitchen and primary bathroom. Oxford brindle oak wide plank LVP flooring, new modern baseboards, accessible beige walls, new... dual pane windows and sliding doors, new carpet, new recessed lighting, new built in closets. GORGEOUS REMODELED BATHROOMS include glass enclosed showers with shampoo niches tiled in large Lazuli polished blue tile, Iceland white tile, and pebble marble mosaic flooring in one bathroom and in Monico polished tile and Wave blanco tile in the primary. New vanities, new vanity mirrors/lighting, gorgeous faucet and pulls. Full size washer/dryer with shelving in laundry closet. 2 patios with new fencing accessible from living room, primary bedroom, and one additional bedroom. Keyless entry to home and to detached garage. Water and trash included in HOA. 2 pools and spa in this beautifully maintained, quiet, peaceful community in a Prime La Jolla location! Short walk to UCSD and the vibrant shops & restaurants of La Jolla Village Square. Less than 2 miles from the beach, one mile to the trolley, close to world class Torrey Pines Golf Course.

Mortgage Calculator

Est. Monthly Payment

$7,448

Principal & Interest$5,436
Property Tax$1,075
Insurance$314
HOA$624
%($215,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,800
Monthly Cashflow

Rent − PITI − HOA

$-4,649
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,189

Mortgage (P+I)
$5,436
Cap Rate
-0.84%
Cash-on-Cash
-25.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.52
Break-even Rent
$7,449

NOI (Annual)
$-9,034
Price-to-Rent

Lower = better for investors

32.0

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

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