7540 Draper Ave
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7540 Draper Ave

D

La Jolla, CA 92037

$1,625,000
NEW — 0d

Soft Appraisal Value: $1,592,300 · 2.1% above estimate

Beds

3

Baths

2.5

Sqft

1,563

Year Built

2009

Days on Market

0

Property Type

Townhouse

HOA/mo

$300

MLS ID

OC26111365

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

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About This Property

Experience the best of coastal La Jolla living in this beautifully maintained two-story luxury townhome, ideally located in the heart of the Village. Built in 2009 and lovingly cared for by the original owner, this elegant residence offers 3 spacious bedrooms, 3 baths, and an attached 2-car garage, plus additional parking space in front of the garage. The inviting open-concept floor plan features a bright living room, comfortable family room, formal dining area, and open kitchen designed for everyday living and entertaining. Abundant natural light flows throughout the home, creating a warm and welcoming atmosphere. The spacious primary suite offers a walk-in closet, dual vanity, and a large tub with glass enclosure. Thoughtful upgrades and quality finishes include owned/paid solar, brand-new Milgard windows, plantation shutters, natural travertine flooring, granite countertops, newer appliances, a brand-new washer and dryer, central AC, and a tankless water heater. These features add comfort, efficiency, privacy, and timeless style throughout the home. Enjoy conveniently low HOA dues, which include trash service. Enjoy an exceptional lifestyle just moments from La Jolla’s most treasured destinations, including La Jolla Riford Library, The Bishop’s School, Museum of Contemporary Art San Diego, La Jolla Park, and The Conrad Prebys Performing Arts Center. Also conveniently nearby are La Jolla Recreation Center, La Jolla Cove, Windansea Beach, Ellen Browning Scripps Park, and Children’s Pool Beach. Enjoy a short stroll to the Village’s charming shops, boutiques, restaurants, and cafés along Prospect Street and Pearl Street. A rare opportunity to own a sophisticated coastal residence in one of Southern California’s most desirable beach communities — offering comfort, convenience, style, and the unmatched lifestyle of La Jolla Village.

Mortgage Calculator

Est. Monthly Payment

$10,616

Principal & Interest$8,217
Property Tax$1,625
Insurance$474
HOA$300
%($325,000)
%

Location

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Investment Score

5D
Est. Monthly Rent
$5,688
Monthly Cashflow

Rent − PITIA

$-4,928
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,590

Mortgage (P+I)
$8,217
Cap Rate
0.46%
Cash-on-Cash
-28.03%
DSCR

Need ≥ 1.25 for DSCR loan

0.54
Break-even Rent
$15,546

NOI (Annual)
$7,519
Price-to-Rent

Lower = better for investors

23.8

* 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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