8338 La Jolla Shores Dr
Dbottom 20%La Jolla, CA 92037
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.
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Est. Monthly Payment
$53,736
Location
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Comparable Properties
5 comps foundThis Property
$10,137
Comp Average
$10,040
8511 Avenida De Las Ondas
3bd / 3ba · 2,411 sqft · Single Family
$6.95M
Est. $9,886/mo

7857 Eads Ave
3bd / 3ba · 2,548 sqft · Single Family
$9.75M
Est. $9,985/mo
6621 Neptune Place
3bd / 3ba · 2,172 sqft · Single Family
$10.70M
Est. $11,133/mo
6911 Neptune Pl
4bd / 3.5ba · 2,867 sqft · Single Family
$8.20M
Est. $10,784/mo
351 Fern Glen
3bd / 3ba · 1,925 sqft · Single Family
$5.79M
Est. $8,412/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
10 leases of 3–5 bed houses within 0.5 mi · $9,241–$15,047
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$52,470/mo short at 20% down; +$68,143/mo rent closes it.
- Break-even price
- $1,016,341
- Break-even rent
- $78,280/mo
- Cashflow at 35% down
- −$44,296/mo
- Down payment to break even
- Not reachable
- Rate to break even
- Not reachable
87% under asking
$68,143/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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