8427 Via Mallorca

8427 Via Mallorca

D

La Jolla, CA 92037

$799,000

Beds

2

Baths

2.5

Sqft

1,074

Year Built

1977

Days on Market

9

Property Type

Townhouse

HOA/mo

$475

MLS ID

NDP2601647

Description

La Jolla living at its best. This light-filled 2-bedroom, 2.5-bath condo is ideally located near UCSD, Trader Joe’s, shopping, public transportation, and walking paths to the park. Designed for indoor-outdoor living, the home features two spacious patios, a private front patio with no neighbors in front, surrounded by lush landscaping, and a large back patio that welcomes sunshine and cool coastal breezes on summer days. Inside, enjoy a bright and airy layout with a natural skylight upstairs, recently cleaned upstairs carpeting, and large windows throughout that flood the home with natural light. The primary suite offers built-in closet storage and its own small private patio, while the secondary bedroom also features built-ins for optimal organization. Additional highlights include an attached two-car garage with laundry, thoughtful storage throughout, and most importantly the entire home has been completely re-plumbed with all new plumbing, offering peace of mind for years to come.

Mortgage Calculator

Est. Monthly Payment

$5,547

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$475
%($159,800)
%

Investment Score

6D
Est. Monthly Rent

Market Rent Estimate

$3,749
Monthly Cashflow

Rent − PITI − HOA

$-1,798
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,326

Mortgage (P+I)
$4,040
Cap Rate
1.07%
Cash-on-Cash
-13.50%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.93
Break-even Rent
$5,547

NOI (Annual)
$8,567
Price-to-Rent

Lower = better for investors

17.8

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

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