8238 Paseo Del Ocaso

8238 Paseo Del Ocaso

D

La Jolla, CA 92037

$5,250,000
NEW — 3d on market

Soft Appraisal Value: $5,308,300 · 1.1% below estimate

Beds

4

Baths

3

Sqft

2,021

Year Built

1977

Days on Market

3

Property Type

Single Family

HOA/mo

N/A

MLS ID

260007207SD

Description

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)
%

Investment Score

0D
Est. Monthly Rent
$7,884
Monthly Cashflow

Rent − PITI − HOA

$-25,444
Full Cashflow

Incl. vacancy, PM, maint, capex

$-31,632

Mortgage (P+I)
$26,547
Cap Rate
-1.16%
Cash-on-Cash
-36.15%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.24
Break-even Rent
$48,965

NOI (Annual)
$-61,024
Price-to-Rent

Lower = better for investors

55.5

* 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.

Get Expert AnalysisOpen Full Calculator