
4040 Porte La Paz #71
Ctop 80%San Diego, CA 92122
11 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 6, 2026.
No unit in this 42-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.
Pass at asking: -$3,253/mo full cashflow at 20% down, 7.43% rate.
Works at $256,433 (62% under asking), or at 89% down.
Rent $3,236/mo from 21 leases of 2-bed condos & townhomes within 0.5 mi ($3,225–$3,412).
Beds
2
Baths
2
Sqft
966
Year Built
1986
Days on Market
0
Property Type
Condo
HOA/mo
$522
MLS ID
260026384SD
This property is in San Diego (92122). View neighborhood stats →
About This Property
TOP FLOOR, CORNER UNIT WITH TONS OF NATURAL LIGHT! Enjoy the best of coastal San Diego living in this beautifully updated 2-bedroom, 2-bath condominium offering 966 square feet in the desirable La Paz community of La Jolla Colony. The home features vaulted ceilings providing an open and spacious feel, and an abundance of windows that fill the home with natural sunlight throughout the year. The desirable south-facing orientation provides exceptional natural light, while peaceful views of the beautifully landscaped community create a welcoming atmosphere. Interior highlights include a renovated kitchen with newer appliances and countertops, updated bathrooms, newer flooring, and recessed lighting in the living room. The community offers two heated pools, and two hot tubs. Conveniently located in a quiet, interior location within the community, the property also includes two assigned carport parking spaces and an additional storage closet. Located directly across the street from Rose Canyon, enjoy convenient access to scenic walking, hiking, and biking trails. As part of the master-planned La Jolla Colony community, residents also enjoy a large private park and beautifully maintained landscaping. Ideally situated near La Jolla’s beautiful beaches, UCSD, the trolley, multiple shopping centers, and numerous biotech and healthcare offices, this home offers an exceptional combination of comfort, convenience, and coastal lifestyle. A fantastic opportunity to enjoy one of San Diego’s sought-after communities!
Mortgage Calculator
Est. Monthly Payment
$5,178
Location
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Zoned Schools
Elementary
Doyle Elementary · grades K-5 · San Diego Unified
Middle
Standley Middle · grades 6-8 · San Diego Unified
High
University City 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.
Comparable Properties
5 comps foundThis Property
$3,236
Comp Average
$3,221
6186 Agee Street
2bd / 1.5ba · 956 sqft · Condo
$599K
Est. $3,164/mo
7425 Charmant Dr
2bd / 2ba · 934 sqft · Condo
$649K
Est. $3,265/mo
7405 Charmant Drive
2bd / 2ba · 934 sqft · Condo
$639K
Est. $3,200/mo
4065 Porte La Paz
2bd / 2ba · 966 sqft · Condo
$649K
Est. $3,257/mo
3520 Lebon Drive
2bd / 2ba · 956 sqft · Condo
$699K
Est. $3,217/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
21 leases of 2-bed condos & townhomes within 0.5 mi · $3,225–$3,412
Blended 50/50 with the zip's market median ($3,151)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$3,253/mo short at 20% down; 89% down or +$4,224/mo rent closes it.
- Break-even price
- $256,433
- Break-even rent
- $7,460/mo
- Cashflow at 35% down
- −$2,544/mo
- Down payment to break even
- 89%
- Rate to break even
- Not reachable
62% under asking
$4,224/mo above the estimate
$605,199 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* 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.
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