
821 Coast
Dbottom 20%La Jolla, CA 92037
12 licensed short-term rentals within ½ mile (7 whole home), from the cities' license and permit lists of Nov 10, 2026.
HOA rules unknown: an HOA can ban stays under 30 days (Civ. Code §4741), and no permit on file shows this one allows them. Get the CC&Rs.
Pass at asking: -$41,599/mo full cashflow at 20% down, 7.43% rate.
Works at $783,636 (87% under asking); even all cash loses money at asking.
Rent $7,817/mo from 14 leases of 3-bed condos & townhomes within 2 mi ($6,519–$8,475).
Beds
3
Baths
3.5
Sqft
2,185
Year Built
2026
Days on Market
105
Property Type
Condo
HOA/mo
N/A
MLS ID
260018317SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
The Dorothy Cottage at 821 Coast Blvd South is one of two historic bungalows at 800 Coast, part of the Village of La Jolla's first ground-up new, and uber-luxurious residential development in more than 40 years. Built c. 1904, Dorothy retains Victorian-era beach bungalow details: a hip roof, board-and-batten frame, horizontal clapboards, and single-hung windows with diamond-shaped glass. This single-family detached residence offers 3 bedrooms, 3 baths + powder bath, a 2-car garage, and 2,185 SF, finished with the finest quality materials by Hall of Fame builder and renowned designer, Dawn Davidson. Leave the car behind and stroll to the Village's world-class restaurants, along with chic boutiques, an acclaimed contemporary art museum, and exceptional beaches. This is coastal living, elevated. Originally built in 1904, The Dorothy Cottage is tucked into the picturesque La Jolla coastline. Reflective of beach bungalows from the Victorian era, this home features notable architectural elements including a hip roof, board and batten frame, horizontal clapboards, and single hung windows adorned with diamond-shaped lights. “Dorothy” holds a special place in La Jolla’s historical, cultural, social, economic, aesthetic, and architectural development. This rare beach bungalow is one of the few remaining homes from this period. It’s deep history offers a unique glimpse into the past. The fully-restored Dorothy Cottage is designed to embrace current lifestyles while preserving the charm and rich character of early 20th century coastal living. The Dorothy Cottage has been meticulously tailored to reinvigorate and restore with its stunning balanced architectural detailing including authentic beach siding, cobblestone, shingles and white trim, custom wood clad doors and windows, custom stairs and railing, wood flooring throughout, rift cut oak and white custom cabinetry, a gas fireplace, and more. Live the authentic La Jolla coastal lifestyle while enjoying ocean breezes from captivating outdoor spaces that compliment luxurious interiors. Features include a private gated entry, private garage, BBQ terrace and courtyards, lush landscaping, and more. The innovative and fully-connected kitchen is open and inviting with state-of-the-art detailing, including Professional Monogram appliances, entertainers sink, rift oak and white custom cabinetry, Italian porcelain slab countertops, a social island, and an under counter wine refrigerator. The en-suite bath sanctuaries include customized designer elements with luxurious finishes and fixtures including crisp white custom cabinetry, stone and Italian porcelain slab surfaces, designer plumbing fixtures and smart toilets in the primary bath.
Mortgage Calculator
Est. Monthly Payment
$42,452
Location
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Comparable Properties
2 comps foundThis Property
$7,817
Comp Average
$12,016
939 Coast Blvd
3bd / 2ba · 1,800 sqft · Condo
$4.50M
Est. $9,814/mo
939 Coast Blvd 15b&c
3bd / 4ba · 3,778 sqft · Condo
$7.59M
Est. $14,217/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
14 leases of 3-bed condos & townhomes within 2 mi · $6,519–$8,475
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$41,599/mo short at 20% down; +$54,025/mo rent closes it.
- Break-even price
- $783,636
- Break-even rent
- $61,842/mo
- Cashflow at 35% down
- −$35,141/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
87% under asking
$54,025/mo above the estimate
Negative even all-cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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