8504 Prestwick Dr

8504 Prestwick Dr

D

La Jolla, CA 92037

$5,595,000
NEW — 0d on market

Beds

4

Baths

4

Sqft

2,637

Year Built

1969

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

260005006SD

View on MLS

Description

Positioned on a rare oversized corner parcel in the coveted La Jolla Shores enclave, this exceptional Upper Shores offering captures sweeping vistas of the Pacific and the iconic La Jolla Cove. The predominantly level site currently hosts a single level four bedroom residence, presenting an extraordinary canvas for the creation of a world class coastal estate. Thoughtfully conceived architectural plans by acclaimed firm Marengo Morton Architects have been submitted for an approximately 6,678 square foot contemporary masterpiece featuring five en suite bedrooms, expansive indoor outdoor living spaces, and elevated design elements tailored for the most discerning luxury buyer. The development strategy has been guided with the expertise of prominent land use expert Chandra Slaven, offering a rare level of sophistication and foresight in the planning process. This is a special opportunity to secure a premier view site in one of La Jolla’s most desirable neighborhoods and bring to life a bespoke ocean view estate that reflects your vision and lifestyle, all just moments from the beach, the Village, world class dining, premier shopping at UTC, major freeways, and top rated schools, seamlessly combining privacy, prestige, and everyday convenience along the Southern California coastline.

Mortgage Calculator

Est. Monthly Payment

$35,518

Principal & Interest$28,291
Property Tax$5,595
Insurance$1,632
%($1,119,000)
%

Investment Score

0D
Est. Monthly Rent

Estimated Rent

$5,198
Monthly Cashflow

Rent − PITI − HOA

$-30,320
Full Cashflow

Incl. vacancy, PM, maint, capex

$-36,178

Mortgage (P+I)
$28,291
Cap Rate
-1.69%
Cash-on-Cash
-32.52%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.18
Break-even Rent
$35,518

NOI (Annual)
$-94,644
Price-to-Rent

Lower = better for investors

89.7

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

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