7509 Draper Ave
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7509 Draper Ave #306

D

La Jolla, CA 92037

$929,500

Beds

2

Baths

2

Sqft

938

Year Built

2000

Days on Market

64

Property Type

Condo

HOA/mo

$682

MLS ID

260003436SD

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

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About This Property

Single level 2 bedroom, 2 bath 938 square foot penthouse pied-a terre in the heart of La Jolla Village in Bella Capri with an assigned underground parking space and an interior private laundry. The efficient kitchen has stainless steel appliances and a gas stove top, custom maple cabinetry and granite counter tops. The master suite has a sliding door to the balcony with a view of the night lights from Mt. Soledad. The guest bedroom has a peek of the ocean and a walk-in closet. There are ceiling fans and lots of natural light throughout. This condo is ideal as a primary home, rental or second home. Come see for yourself.

Mortgage Calculator

Est. Monthly Payment

$6,583

Principal & Interest$4,700
Property Tax$930
Insurance$271
HOA$682
%($185,900)
%

Location

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Investment Score

0D
Est. Monthly Rent
$3,548
Monthly Cashflow

Rent − PITIA

$-3,035
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,625

Mortgage (P+I)
$4,700
Cap Rate
0.10%
Cash-on-Cash
-29.86%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$9,555

NOI (Annual)
$899
Price-to-Rent

Lower = better for investors

21.8

* 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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