8504 Prestwick Dr

8504 Prestwick Dr

C

La Jolla, CA 92037

$4,995,000

Beds

4

Baths

4

Sqft

2,637

Year Built

1969

Days on Market

Property Type

Single Family

HOA/mo

N/A

MLS ID

260017342SD

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

About This Property

Exceptional Value in La Jolla Shores! 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. 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. Renderings are conceptual only and do not depict the current home, and may not accurately depict what can be done with the existing structure. Buyer is advised to independently verify the possibilities of the lot.

Mortgage Calculator

Est. Monthly Payment

$31,709

Principal & Interest$25,257
Property Tax$4,995
Insurance$1,457
%($999,000)
%

Investment Score

0D
Est. Monthly Rent
$8,278
Monthly Cashflow

Rent − PITIA

$-23,431
Full Cashflow

Incl. vacancy, PM, maint, capex

$-29,498

Mortgage (P+I)
$25,257
Cap Rate
-1.02%
Cash-on-Cash
-35.43%
DSCR

Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$46,587

NOI (Annual)
$-50,885
Price-to-Rent

Lower = better for investors

50.3

* 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.

Get Expert AnalysisOpen Full Calculator