8477 El Paseo Grande

8477 El Paseo Grande #4

D

La Jolla, CA 92037

$1,184,000

Beds

4

Baths

3

Sqft

3,116

Year Built

2016

Days on Market

31

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005192SD

Description

New co-ownership opportunity by Pacaso: Own one-eighth of Pacific Shores, a professionally managed, turnkey home. 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.

Mortgage Calculator

Est. Monthly Payment

$7,516

Principal & Interest$5,987
Property Tax$1,184
Insurance$345
%($236,800)
%

Investment Score

14D
Est. Monthly Rent
$7,696
Monthly Cashflow

Rent − PITIA

+$180
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,577

Mortgage (P+I)
$5,987
Cap Rate
3.46%
Cash-on-Cash
-13.06%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

1.02
Break-even Rent
$11,042

NOI (Annual)
$40,923
Price-to-Rent

Lower = better for investors

12.8

* 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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