4155 Executive Drive
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4155 Executive Drive #E111

C

La Jolla, CA 92037

$869,000
NEW — 0d

Soft Appraisal Value: $851,000 · 2.1% above estimate

Beds

2

Baths

2

Sqft

1,128

Year Built

2000

Days on Market

0

Property Type

Condo

HOA/mo

$718

MLS ID

NDP2605524

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

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About This Property

La Jolla living, at the level most people only dream about. There's a unit at one of La Jolla's most coveted resort-style communities that has everything: a corner end unit on the north side, 424 square feet of private patio wrapped in 100% hedges, two side-by-side underground parking spaces (not tandem), and a layout that makes 2 bedrooms, 2 full baths, and a den feel like a home you never have to leave. Inside, quartz and granite countertops run throughout. The kitchen sits around a large custom sink and stainless steel appliances. Crown molding frames every room. Recessed lighting, high ceilings, white wood shutters, and a freshly upgraded walk-in shower. The primary closet is walk-in. The laundry, a stacked high-efficiency set, lives inside its own closet. Three-foot-wide doorways. Central heat and air. Wired for high-speed internet. Top-grade ceiling fans in every room. This community does not ask you to live small. Two fitness gyms. A dedicated yoga studio with daily classes. Two pools, one heated, both with hot tubs. New lounge furniture, cabanas, and a large outdoor BBQ area. Two clubhouses with full commercial kitchens, cooking classes held twice a week, billiards, a bar, a big screen TV, and a private movie theater with weekly screenings. Packages delivered to your concierge or your door. 24-hour manned security and video surveillance. Gardens and waterfalls throughout the grounds and then there's the location. You are steps from three of San Diego's newest trolley stations. Minutes from UCSD, La Jolla beaches, UTC Westfield Mall (just remodeled), Torrey Pines Golf Course, and some of the best dining the coast has to offer. This is not a condo. This is a lifestyle you earn your way into.

Mortgage Calculator

Est. Monthly Payment

$6,235

Principal & Interest$4,394
Property Tax$869
Insurance$253
HOA$718
%($173,800)
%

Location

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Investment Score

17D
Est. Monthly Rent
$3,925
Monthly Cashflow

Rent − PITIA

$-2,309
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,936

Mortgage (P+I)
$4,394
Cap Rate
0.63%
Cash-on-Cash
-27.18%
DSCR

Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$9,037

NOI (Annual)
$5,497
Price-to-Rent

Lower = better for investors

18.5

* 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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