7979 Prospect Pl
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7979 Prospect Pl

C

La Jolla, CA 92037

$2,395,000
NEW — 4d

Soft Appraisal Value: $2,279,300 · 5.1% above estimate

Beds

2

Baths

1

Sqft

742

Year Built

2009

Days on Market

4

Property Type

Single Family

HOA/mo

N/A

MLS ID

260015245SD

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

About This Property

Dreamy, chic, and perfectly located in the heart of Prospect in the Village just steps to shops, restaurants, La Jolla Cove, and the Coastal Walk Trail, this enchanting early California seaside cottage is complete with a picket fence, a charming private garden, and a patio. An 11-foot-wide driveway easement serves both the subject property and the residence to the rear at 7981 Prospect Place. A perfect primary residence, pied-à-terre, vacation home, or investment property on a 5,351 sq ft lot. Absolutely lovely.

Mortgage Calculator

Est. Monthly Payment

$15,204

Principal & Interest$12,110
Property Tax$2,395
Insurance$699
%($479,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$4,578
Monthly Cashflow

Rent − PITIA

$-10,626
Full Cashflow

Incl. vacancy, PM, maint, capex

$-13,675

Mortgage (P+I)
$12,110
Cap Rate
-0.78%
Cash-on-Cash
-34.26%
DSCR

Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$22,338

NOI (Annual)
$-18,777
Price-to-Rent

Lower = better for investors

43.6

* 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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