7365 Draper Avenue

7365 Draper Avenue

D

La Jolla, CA 92037

$2,495,000
NEW — 3d on market

Beds

3

Baths

2.5

Sqft

2,079

Year Built

1994

Days on Market

3

Property Type

Townhouse

HOA/mo

$188

MLS ID

NDP2601930

Description

Rare opportunity in Las Casitas, La Jolla — an intimate boutique community where each residence and its lot are individually owned, not a traditional condo. Tucked at the rear of the complex for exceptional privacy, this 3-bedroom, 3-bath home offers interior ocean views from the main living areas and panoramic Pacific sunset views from a full rooftop deck with direct stair access. Soaring vaulted ceilings, five skylights, and hardwood floors create a bright, open living environment. French doors and plantation shutters add architectural character, while two granite-hearth fireplaces — one in the living room and one in the primary suite — bring warmth and refinement. The generous 18x16 primary suite features its own fireplace, a luxurious bath, and a walk-in closet. Two additional bedrooms provide flexibility for guests or a home office. Three distinct outdoor spaces set this home apart: a dining patio ideal for al fresco meals, a large private tropical patio exclusive to this residence — rare in the Village — and a rooftop deck capturing sweeping Pacific sunsets. Together, they deliver the indoor-outdoor lifestyle La Jolla is known for. The kitchen and living areas flow seamlessly through French doors to the outdoor spaces, completing the coastal living experience. A double garage with direct alley access, guest parking, and oversized storage round out the offering. Just steps to WindanSea Beach, Marine Street Beach, La Jolla Village, and The Cove, this rarely available Las Casitas residence represents a premier coastal opportunity.

Mortgage Calculator

Est. Monthly Payment

$16,027

Principal & Interest$12,616
Property Tax$2,495
Insurance$728
HOA$188
%($499,000)
%

Investment Score

1D
Est. Monthly Rent

Market Rent Estimate

$7,973
Monthly Cashflow

Rent − PITI − HOA

$-8,054
Full Cashflow

Incl. vacancy, PM, maint, capex

$-11,967

Mortgage (P+I)
$12,616
Cap Rate
0.31%
Cash-on-Cash
-19.37%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.63
Break-even Rent
$16,027

NOI (Annual)
$7,789
Price-to-Rent

Lower = better for investors

26.1

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

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