357 Coast Blvd

357 Coast Blvd

D

La Jolla, CA 92037

$6,275,000

Soft Appraisal Value: $6,022,500 · 4.2% above estimate

Beds

3

Baths

4.5

Sqft

3,724

Year Built

2010

Days on Market

32

Property Type

Condo

HOA/mo

$3,400

MLS ID

260005109SD

Description

Commanding a premier oceanfront position in the heart of La Jolla Village, this penthouse offers sweeping Pacific Ocean views and the constant rhythm of waves just steps from the shoreline. Perfectly situated along one of La Jolla’s most coveted stretches of coastline, the residence delivers a rare combination of privacy, refined construction, and effortless beachside living in the very center of the Village. A standout feature—almost unheard of for oceanfront property in the Village—is the private gated garage with parking for five vehicles, providing exceptional convenience and security rarely found this close to the sand. The residence lives beautifully on a single level with no interior stairs, accessed by a private elevator. Expansive pocketing glass doors open the main living area to a generous ocean-facing terrace with a fireplace, creating seamless indoor-outdoor living and front-row sunset views over the Pacific. The thoughtfully designed floor plan includes three bedroom suites with ensuite baths, a powder room, and a dedicated office with custom built-ins and solid wood pocket doors that can serve as a fourth sleeping area. The primary suite features dual bathrooms for added space and privacy. Multiple fireplaces and quality finishes enhance comfort throughout. Located within the **exclusive Miramare building - comprised of only three residences - the property offers gated entry, privacy, and an irreplaceable oceanfront setting just moments from La Jolla’s renowned dining, shops, galleries, and beaches.

Mortgage Calculator

Est. Monthly Payment

$43,235

Principal & Interest$31,730
Property Tax$6,275
Insurance$1,830
HOA$3,400
%($1,255,000)
%

Investment Score

0D
Est. Monthly Rent
$7,319
Monthly Cashflow

Rent − PITIA

$-35,916
Full Cashflow

Incl. vacancy, PM, maint, capex

$-42,828

Mortgage (P+I)
$31,730
Cap Rate
-2.12%
Cash-on-Cash
-40.95%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.17
Break-even Rent
$62,940

NOI (Annual)
$-133,182
Price-to-Rent

Lower = better for investors

71.4

* 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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