
457 Coast #302
Dbottom 20%La Jolla, CA 92037
One license per person in San Diego: whether you can hold it depends on you, not only the home.
This parcel holds a short-term rental license: Tier 3 (whole home), through Apr 2027. It doesn’t transfer: a buyer applies for their own.
121 licensed short-term rentals within ½ mile (105 whole home), from the cities' license and permit lists of Nov 9, 2026.
9 short-term rental licenses on file in this 12-unit complex, so its HOA has allowed them. Confirm in the CC&Rs: an HOA can ban stays under 30 days (Civ. Code §4741).
The listing remarks say short-term rentals are allowed: “SHORT TERM RENTALS ALLOWED!!” That's the agent's claim, not the city’s rule.
Pass at asking: -$13,952/mo full cashflow at 20% down, 7.43% rate.
Works at $472,404 (79% under asking); even all cash loses money at asking.
Rent $6,124/mo from 13 leases of 2-bed condos & townhomes within 0.5 mi, same school area ($5,586–$6,966).
Beds
2
Baths
2
Sqft
975
Year Built
1970
Days on Market
46
Property Type
Condo
HOA/mo
$1,087
MLS ID
260022031SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
INCREDIBLE OCEANFRONT LIVING IN THE HEART OF LA JOLLA. SHORT TERM RENTALS ALLOWED!! The ocean is the backdrop to everyday life at this property with panoramic Pacific Ocean views stretching along the coastline & waves crashing on the shore below. Fall asleep to the soothing rhythm of the ocean waves & wake to the crisp, refreshing air of coastal living. Set above the road for added privacy & an elevated perspective, the home captures views throughout the main living spaces. Enjoy the scenery from the eat-in kitchen, spacious living room, dining area, or private balcony—the perfect spot to take in unforgettable sunsets & coastal breezes. Thoughtfully appointed with newer luxury plank vinyl flooring, updated trim with stylish baseboards & crown molding, dual-pane vinyl windows/slider, newer water heater, private in-unit combination washer/dryer, & a surround sound system. Both bedrooms feature mirrored wardrobe closets. A rare opportunity to own an oceanfront residence with the ability to short-term rent, offering an attractive opportunity for those seeking a highly desirable coastal investment or a second home. Well-maintained building offers secure access, an elevator, additional full-size laundry facilities, 2 private storage lockers, & an assigned, oversized parking space in the rear of the building. Unbeatable location just a short stroll to the Village of La Jolla, pristine beaches, coastal walking paths, renowned restaurants, shopping/entertainment. Experience the best of La Jolla with the Pacific Ocean at your doorstep.
Mortgage Calculator
Est. Monthly Payment
$16,760
Location
Loading map...
Zoned Schools
Elementary
La Jolla Elementary · grades K-5 · San Diego Unified
Middle
Muirlands Middle · grades 6-8 · San Diego Unified
High
La Jolla 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
3 comps foundThis Property
$6,124
Comp Average
$6,121
404 Bonair Street
3bd / 2ba · 1,252 sqft · Condo
$1.63M
Est. $6,204/mo

6710 La Jolla Blvd
2bd / 2ba · 1,131 sqft · Condo
$2.10M
Est. $4,718/mo
220 Coast Blvd
2bd / 2ba · 1,194 sqft · Condo
$1.95M
Est. $7,441/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
13 leases of 2-bed condos & townhomes within 0.5 mi, same school area · $5,586–$6,966
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$13,952/mo short at 20% down; +$18,120/mo rent closes it.
- Break-even price
- $472,404
- Break-even rent
- $24,244/mo
- Cashflow at 35% down
- −$11,568/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
79% under asking
$18,120/mo above the estimate
Negative even all-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.
Open Full Calculator