8238 Paseo Del Ocaso
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8238 Paseo Del Ocaso

D

La Jolla, CA 92037

$5,250,000

Soft Appraisal Value: $5,069,700 · 3.6% above estimate

Beds

4

Baths

3

Sqft

2,021

Year Built

1977

Days on Market

48

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007207SD

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

Virtual Tour

About This Property

Sun-kissed, salt-kissed, and seriously dreamy. Welcome to your La Jolla Shores escape—where modern luxury meets barefoot beach living. This fully reimagined 4 bed, 3 bath coastal cottage was taken down to the studs and rebuilt in 2022, blending fresh design with effortless California charm. Wholly owned solar, inground swimming pool, spa and grassy turf make this a home that lives inside and out. Vaulted ceilings + warm hardwood floors set the vibe, and the open floor plan flows like ocean air through every sunlit space. This turn-key, design forward home includes three breezy decks, a sparkling pool with Baja ledge, and a spa made for sunset unwinding. Got toys? There’s a flat grassy play area for fun, a 2-car garage with EV charger, and fully owned solar keeping things bright and efficient. And the best part? You’re just steps from the Pacific—morning surf, golden hour strolls, and sandy toes included. This isn’t just a home… it’s a whole mood and just outside your door are the conveniences of La Jolla Shores shops and restaurants, steps to the beach, the shopping and easy access to UCSD and the freeway. Airports, public and private, 30 minutes away.

Mortgage Calculator

Est. Monthly Payment

$33,328

Principal & Interest$26,547
Property Tax$5,250
Insurance$1,531
%($1,050,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,219
Monthly Cashflow

Rent − PITIA

$-25,109
Full Cashflow

Incl. vacancy, PM, maint, capex

$-31,374

Mortgage (P+I)
$26,547
Cap Rate
-1.10%
Cash-on-Cash
-35.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.25
Break-even Rent
$48,965

NOI (Annual)
$-57,928
Price-to-Rent

Lower = better for investors

53.2

* 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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