
8477 El Paseo Grande #Share #3
Atop 10%La Jolla, CA 92037
Pass at asking: -$1,708/mo full cashflow at 20% down, 7.43% rate.
Works at $961,606 (19% under asking), or at 41% down.
Rent $9,591/mo from 8 leases of 3–5 bed houses within 0.5 mi ($10,484–$11,910).
Beds
4
Baths
3
Sqft
3,116
Year Built
2016
Days on Market
236
Property Type
Single Family
HOA/mo
N/A
MLS ID
260003591SD
This property is in La Jolla (92037). View neighborhood stats →
About This Property
New co-ownership opportunity: Own one-eighth of this professionally managed, turnkey home by Pacaso. Discover refined seaside living at its best with this architectural gem just steps from the sands of La Jolla Shores. Currently undergoing a full remodel and redesign, this home is being transformed with fresh, modern finishes to elevate its already striking coastal presence. Clean lines and expansive glass seamlessly connect indoor spaces with the vibrant ocean ambiance, while wide decks on both levels provide sweeping views of surf and parkland—perfect for sunsets or enjoying the rhythm of the waves. Entertain effortlessly in the great room anchored by a glowing fireplace and flowing into a chef-ready kitchen with premium appliances and an open-plan layout. A second fireplace in the primary suite adds warmth and intimacy. Evenings extend outdoors where a poolside terrace and fire pit create an inviting space, enhanced by the sounds of coastal breezes and distant surf. With a thoughtful layout, high-end finishes including wood and tile flooring, central air for year-round comfort, and a two-car attached garage, this home delivers the ultimate California coastal experience. Professionally managed by Pacaso, it offers turnkey ownership where you can live simply, lounge luxuriously, and enjoy La Jolla’s coastal charm every day—now reimagined through its stunning remodel and redesign.
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Est. Monthly Payment
$8,107
Location
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Comparable Properties
3 comps foundThis Property
$9,591
Comp Average
$9,669

442 Westbourne St
4bd / 4.5ba · 3,663 sqft · Single Family
$1.11M
Est. $11,605/mo
6653 Neptune
3bd / 4.5ba · 3,124 sqft · Single Family
$1.30M
Est. $9,899/mo
5849 Caminito Del Estio
3bd / 2.5ba · 2,046 sqft · Single Family
$1.78M
Est. $7,504/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
8 leases of 3–5 bed houses within 0.5 mi · $10,484–$11,910
Blended 50/50 with the zip's market median ($7,943)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$1,708/mo short at 20% down; 41% down or +$2,218/mo rent closes it.
- Break-even price
- $961,606
- Break-even rent
- $11,809/mo
- Cashflow at 35% down
- −$475/mo
- Down payment to break even
- 41%
- Rate to break even
- 4.62%
19% under asking
$2,218/mo above the estimate
$485,440 cash
at 20% down
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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