8330 Prestwick Dr.

8330 Prestwick Dr.

D

La Jolla, CA 92037

$13,900,000

Beds

4

Baths

3

Sqft

2,276

Year Built

1961

Days on Market

54

Property Type

Single Family

HOA/mo

N/A

MLS ID

2600553SD

View on MLS

Description

DAZZLING, SWEEPING OCEAN VIEWS in La Jolla Shores. Development opportunity nearing completion of entitlements, saving you a ton of time and money. The Island Architect's design calls for an important contemporary residence that makes a bold architectural statement, with beautiful flow, private outdoor spaces, terraces, pool. Artistic renderings for illustrative purposes only. Renderings are not to scale. Features, finishes, and details are subject to change. Currently there is a 'tear-down' house on the lot. Plans for the 8,555 SF home include 6 bedrooms, 5 bathrooms, and 2 powder rooms. Amenities include a game room/lounge, exercise room, 2 laundry rooms, primary suite, living and dining rooms, kitchen with breakfast area, butler's pantry, library, elevator, natural gas appliances and hookups, natural gas fireplace, sound attuning walls, west facing glass facade, mechanical storage, exterior pool bath, 5 garages total, 2 of them include storage, basement level terrace to walkout lawn, basement mechanical and pool storage, main level terrace with vanishing edged pool above ground, BBQ area adjacent to kitchen, and large front motor court with 2 additional garages. Artistic renderings for illustrative purposes only. Renderings are not to scale. Features, finishes, and details are subject to change.

Mortgage Calculator

Est. Monthly Payment

$88,240

Principal & Interest$70,286
Property Tax$13,900
Insurance$4,054
%($2,780,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$6,482
Monthly Cashflow

Rent − PITI − HOA

$-81,758
Full Cashflow

Incl. vacancy, PM, maint, capex

$-94,832

Mortgage (P+I)
$70,286
Cap Rate
-2.12%
Cash-on-Cash
-35.29%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.09
Break-even Rent
$88,240

NOI (Annual)
$-294,554
Price-to-Rent

Lower = better for investors

178.7

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

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