3151 Via Alicante #122
1 / 20

3151 Via Alicante #122

Btop 30%

La Jolla, CA 92037

$525,000
STR-eligible · San Diego Tier 3 · TOT 12.75%

One license per person in San Diego: whether you can hold it depends on you, not only the home.

15 licensed short-term rentals within ½ mile (8 whole home), from the cities' license and permit lists of Nov 11, 2026.

1 short-term rental license on file in this 56-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: -$2,407/mo full cashflow at 20% down, 7.43% rate.

Works at $211,538 (60% under asking), or at 87% down.

Rent $2,500/mo from 1 lease in this building.

Beds

1

Baths

1

Sqft

506

Year Built

2000

Days on Market

90

Property Type

Condo

HOA/mo

$300

MLS ID

PTP2606135

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

Virtual Tour

About This Property

The Tuscan name and flair of the community continues throughout the interior of this fabulously appointed and modeled home. Offered as fully-furnished, this once used as a 30 day air BnB, is absolutely perfect for your family visitor, your staycation, your University Student, Traveling Nurse, Workforce Home or your primary residence. Simply Move-In! Just steps to poolside lounging and a dedicated parking stall within feet of the front door adds to the convenience and luxury of your next La Jolla property. Pool, Spa, Community Club House, Water and Trash are included in HOA Fees.

Mortgage Calculator

Est. Monthly Payment

$3,895

Principal & Interest$2,917
Property Tax$525
Insurance$153
HOA$300
%($105,000)
%
Loan Term

Location

Loading map...

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.

Investment Score

40B
Est. Monthly Rent
$2,500

1 lease in this building

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$1,395
Full Cashflow

Incl. vacancy, PM, maint, capex

-$2,407

What would make this work?

$2,407/mo short at 20% down; 87% down or +$3,126/mo rent closes it.

Break-even price

60% under asking

$211,538
Break-even rent

$3,126/mo above the estimate

$5,626/mo
Cashflow at 35% down
−$1,860/mo
Down payment to break even

$456,750 cash

87%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$2,917
Cap Rate
1.45%
Cash-on-Cash
-27.51%
DSCR

Need ≥ 1.25 for DSCR loan

0.64

NOI (Annual)
$7,614
Price-to-Rent

Lower = better for investors

17.5

* Modelled at 20% down, 7.43% 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.

Open Full Calculator
BCashflow−$2,407/mo