8338 La Jolla Shores Dr

8338 La Jolla Shores Dr

Dbottom 20%

La Jolla, CA 92037

$7,848,000
NEW — 0d

Pass at asking: -$52,470/mo full cashflow at 20% down, 7.43% rate.

Works at $1,016,341 (87% under asking); even all cash loses money at asking.

Rent $10,137/mo from 10 leases of 3–5 bed houses within 0.5 mi ($9,241–$15,047).

Beds

4

Baths

3.5

Sqft

2,357

Year Built

1952

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260026613SD

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

About This Property

Experience modern coastal luxury in this beautiful complete rebuild La Jolla Shores residence, ideally situated on the coveted west side of La Jolla Shores Drive just steps to the beach. Offering 4 bedrooms and 3.5 bathrooms, this exceptional home showcases striking architectural design, clean lines, expansive walls of glass, and sophisticated custom finishes throughout. The thoughtfully designed interior features top-of-the-line appliances and seamless indoor-outdoor living. Each bedroom enjoys access to its own private outdoor courtyard, creating intimate spaces for relaxation and privacy. A lushly landscaped backyard provides a tranquil setting, while the expansive rooftop deck captures beautiful ocean and hillside views, coastal breezes, and stunning sunsets. Ideally located just moments from the beach, local dining, and shopping, this residence offers an exceptional opportunity to enjoy the best of the La Jolla Shores lifestyle. A rare blend of modern design, refined finishes, and an unbeatable coastal location.

Mortgage Calculator

Est. Monthly Payment

$53,736

Principal & Interest$43,599
Property Tax$7,848
Insurance$2,289
%($1,569,600)
%
Loan Term

Location

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Investment Score

0D
Est. Monthly Rent
$10,137

10 leases of 3–5 bed houses within 0.5 mi · $9,241–$15,047

Monthly Cashflow

Rent − PITIA

-$43,599
Full Cashflow

Incl. vacancy, PM, maint, capex

-$52,470

What would make this work?

$52,470/mo short at 20% down; +$68,143/mo rent closes it.

Break-even price

87% under asking

$1,016,341
Break-even rent

$68,143/mo above the estimate

$78,280/mo
Cashflow at 35% down
−$44,296/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$43,599
Cap Rate
-1.28%
Cash-on-Cash
-40.12%
DSCR

Need ≥ 1.25 for DSCR loan

0.19

NOI (Annual)
-$100,376
Price-to-Rent

Lower = better for investors

64.5

* 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.

Open Full Calculator
DCashflow−$52,470/mo