3969 Mahaila Avenue

3969 Mahaila Avenue

D

San Diego, CA 92122

$850,000
NEW — 5d on market

Beds

3

Baths

2

Sqft

1,376

Year Built

1991

Days on Market

5

Property Type

Condo

HOA/mo

$666

MLS ID

NDP2601749

Description

Welcome to this beautifully updated 3-bedroom, 2-full-bath Park Place La Jolla condo ideally located just over a mile from the University of California, San Diego (UCSD). Perfect for homeowners and investors alike, this home offers the ideal blend of comfort, convenience, and coastal lifestyle. Situated just minutes from the vibrant shopping and dining hub of Westfield UTC, you'll enjoy walking distance to premier retail, restaurants, 5 different grocery stores, and other everyday conveniences. The property is also a short drive to the beautiful beaches of La Jolla and the charming boutiques, cafés, and galleries of La Jolla Village. Inside, the home has been recently remodeled with modern finishes throughout. Gorgeous hardwood plank flooring flows seamlessly through the living spaces, creating a warm and inviting atmosphere. The open floor plan makes daily living and entertaining seamless and easy. The upgraded kitchen features stylish cabinets, updated countertops, and modern hardware, newer appliances and brand new dishwasher offering both function and contemporary appeal. The view and access to the small patio and outdoors from the living space give a bright, open feel. The hardwood flooring seamlessly transitions into the expansive master bedroom suite, which includes 3 large windows, 2 oversized closets, a double sink, a modern bathtub, and a shower. The 2 other roomy bedrooms have large closets and windows and one bedroom has a door access to the back patio. The second full bathroom has been tastefully updated, featuring a brand new vanity and faucet which adds a clean and polished look. The entire interior has been freshly painted, complemented by new hardware throughout, and cleaned carpets resulting in a crisp, move-in-ready feel. Located ideally as a corner unit of the property, there is only one adjoining wall. With lots of windows, views to lush landscape, and easy access to the shared garage parking for bringing home items from your car, as well as the sidewalk for daily walks or going out shopping, to restaurants, or classes at the UCSD East Campus, you will love how convenient daily living is. Whether you're looking for a primary residence, a second home near UCSD, or an investment opportunity in one of San Diego’s most desirable coastal communities, this La Jolla condo offers location, lifestyle, and modern upgrades all in one. Some photos have been virtually staged.

Mortgage Calculator

Est. Monthly Payment

$6,062

Principal & Interest$4,298
Property Tax$850
Insurance$248
HOA$666
%($170,000)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$4,139
Monthly Cashflow

Rent − PITI − HOA

$-1,923
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,583

Mortgage (P+I)
$4,298
Cap Rate
1.01%
Cash-on-Cash
-13.57%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.96
Break-even Rent
$6,062

NOI (Annual)
$8,576
Price-to-Rent

Lower = better for investors

17.1

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

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