7509 Draper Ave

7509 Draper Ave

D

La Jolla, CA 92037

$949,500

Beds

2

Baths

2

Sqft

938

Year Built

2000

Days on Market

19

Property Type

Condo

HOA/mo

$682

MLS ID

260003436SD

View on MLS

Description

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

$6,710

Principal & Interest$4,801
Property Tax$950
Insurance$277
HOA$682
%($189,900)
%

Investment Score

15D
Est. Monthly Rent

Market Rent Estimate

$5,754
Monthly Cashflow

Rent − PITI − HOA

$-956
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,070

Mortgage (P+I)
$4,801
Cap Rate
2.19%
Cash-on-Cash
-6.04%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.20
Break-even Rent
$6,710

NOI (Annual)
$20,770
Price-to-Rent

Lower = better for investors

13.8

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

Get Expert AnalysisOpen Full Calculator