3890 Nobel Drive

3890 Nobel Drive

D

San Diego, CA 92122

$485,000
NEW — 7d on market

Beds

2

Baths

2

Sqft

1,153

Year Built

1991

Days on Market

7

Property Type

Condo

HOA/mo

$3,734

MLS ID

NDP2602158

Description

Residence #1402 is a 2BR 2BA 1,153 sq. ft. east-facing corner unit in Pacific Regent La Jolla, a 62+ independent living community. The unit has an open-concept layout, a spacious living room with a wall of windows and offers unobstructed views of the mountains and city skyline. It is equipped with central AC and heating. Pacific Regent La Jolla consists of 148 condominiums and offers resort-style amenities including 24/7 concierge and security, weekly one-hour housekeeping service, a heated indoor pool & spa, an on-site gourmet restaurant, a fitness center, a library, a beauty salon and an outdoor lounge. Residents have access to a full calendar of scheduled activities such as book clubs, Mahjong and Bridge clubs, daily movie nights, beach walks and cultural outings. The building includes 3 residential elevators, a private parking garage with EV charging stations, complimentary valet parking for residents and guests and scheduled transportation to medical centers, markets and local attractions. Monthly HOA dues cover dining credits, all utilities, high-speed internet, cable TV, landline service, water, trash and common area maintenance. Pacific Regent La Jolla is located between La Jolla and UTC near the UCSD medical campus, Westfield UTC shopping center, the Blue Trolley line and La Jolla beaches. It also offers convenient access to the 805 and 5 freeways. Grocery stores, banks and other conveniences are only a short distance away.

Mortgage Calculator

Est. Monthly Payment

$6,813

Principal & Interest$2,452
Property Tax$485
Insurance$141
HOA$3,734
%($97,000)
%

Investment Score

0D
Est. Monthly Rent
$3,085
Monthly Cashflow

Rent − PITI − HOA

$-3,727
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,841

Mortgage (P+I)
$2,452
Cap Rate
-5.91%
Cash-on-Cash
-46.11%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.45
Break-even Rent
$6,812

NOI (Annual)
$-28,665
Price-to-Rent

Lower = better for investors

13.1

* 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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