8463 Paseo Del Ocaso
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8463 Paseo Del Ocaso

C

La Jolla, CA 92037

$3,899,000
NEW — 2d

Soft Appraisal Value: $3,744,600 · 4.1% above estimate

Beds

5

Baths

4

Sqft

2,952

Year Built

1946

Days on Market

2

Property Type

Single Family

HOA/mo

N/A

MLS ID

NDP2606610

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

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About This Property

Extraordinary homes deserve extraordinary locations, and few compare to this one. Welcome to La Jolla Shores, where this rare generational offering presents an exceptional opportunity to own just a half dozen homes from one of Southern California's most iconic beaches. Lovingly held by the same family for more than 60 years, this is more than a home—it's an opportunity to create a legacy in one of San Diego's most coveted coastal neighborhoods. Offering just under 3,000 square feet, the residence captures the relaxed elegance of La Jolla's beach lifestyle open-beam ceilings, expansive walls of glass that bathe the home in natural light, ocean views, Soledad Mountain vistas, and views toward the iconic La Jolla Cove and the Shores Beach. The flexible floor plan includes two fully equipped kitchens, making it ideal for multigenerational living, extended family, guests, or creating private living quarters. Move in and enjoy this cherished family home as it is today, or bring your own architectural vision to create a custom luxury beach home worthy of this extraordinary location. Life here is all about the lifestyle. Begin your mornings with a walk along the sand, launch a kayak or paddleboard into the calm waters of La Jolla Shores, snorkel or scuba dive through the world-famous La Jolla Underwater Park, or enjoy a leisurely walk to the landmark Scripps Pier, one of Southern California's most recognizable coastal icons. Just minutes away, legendary Black's Beach offers one of California's premier surfing destinations, while the surrounding coastline provides endless opportunities for swimming, fishing, boating, tide pooling, and year-round outdoor recreation. Just a few blocks from the home, Avenida de la Playa has become the vibrant heart of La Jolla Shores, offering an inviting collection of cafés, wine bars, restaurants, boutique shopping, surf and snorkel outfitters, and a welcoming village atmosphere. Enjoy waterfront dining at the world-famous Marine Room, celebrated for its unforgettable high-tide dining experience, or spend the day enjoying the exclusive coastal ambiance surrounding the prestigious La Jolla Beach & Tennis Club. Whether meeting friends for coffee, renting paddleboards, enjoying fresh seafood, or watching the sunset after a day at the beach, everything that makes La Jolla Shores one of California's most desirable communities is just moments from your front door. Generational opportunities like this seldom become available. Whether you're searching for a full-time residence, an elegant coastal retreat, or a long-term investment in one of Southern California's most prestigious beach communities, this home offers an exceptional combination of location, lifestyle, flexibility, and future potential. Imagine designing your dream luxury residence while preserving the warmth and character that have made this home a treasured family gathering place for decades. This is more than a home—it is an invitation to experience the very best of La Jolla Shores, where world-class beaches, surfing, sailing, kayaking, fine dining, boutique shopping, renowned coastal landmarks, and timeless California living come together just steps from your front door. Opportunities to own in this extraordinary location are rare. Opportunities like this are unforgettable.

Mortgage Calculator

Est. Monthly Payment

$24,752

Principal & Interest$19,715
Property Tax$3,899
Insurance$1,137
%($779,800)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,364
Monthly Cashflow

Rent − PITIA

$-17,387
Full Cashflow

Incl. vacancy, PM, maint, capex

$-22,330

Mortgage (P+I)
$19,715
Cap Rate
-0.80%
Cash-on-Cash
-34.36%
DSCR

Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$36,364

NOI (Annual)
$-31,379
Price-to-Rent

Lower = better for investors

44.1

* 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.

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