8040 Girard Ave

8040 Girard Ave

D

La Jolla, CA 92037

$1,500,000

Beds

2

Baths

1

Sqft

741

Year Built

1956

Days on Market

52

Property Type

Condo

HOA/mo

$639

MLS ID

2600757SD

View on MLS

Description

Step into coastal living at its finest in this beautifully remodeled 2-bedroom condo, perfectly positioned across the street from the iconic La Jolla Cove. Nestled in an intimate 8-unit building, this light-filled residence offers ocean views from the living room and unbeatable walkability to world-class restaurants, boutique shops, and scenic coastal paths. Inside, you'll find a bright and airy open layout, stylish finishes such as Italian cabinetry, and in-unit laundry for ultimate convenience. Enjoy the ease of having your own dedicated 1 car garage parking space—a rare find in this prime Village location.

Mortgage Calculator

Est. Monthly Payment

$10,161

Principal & Interest$7,585
Property Tax$1,500
Insurance$437
HOA$639
%($300,000)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$5,529
Monthly Cashflow

Rent − PITI − HOA

$-4,632
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,153

Mortgage (P+I)
$7,585
Cap Rate
0.35%
Cash-on-Cash
-18.53%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.73
Break-even Rent
$10,161

NOI (Annual)
$5,176
Price-to-Rent

Lower = better for investors

22.6

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

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