8511 Avenida De Las Ondas
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8511 Avenida De Las Ondas

C

La Jolla, CA 92037

$7,400,000

Soft Appraisal Value: $6,946,500 · 6.5% above estimate

Beds

3

Baths

3

Sqft

2,411

Year Built

1955

Days on Market

10

Property Type

Single Family

HOA/mo

N/A

MLS ID

260014906SD

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

Virtual Tour

About This Property

Ocean views abound on a quiet, coveted cul-de-sac in La Jolla Shores! This special .4-acre property delivers immediate coastal serenity the moment you arrive. The first thing you notice is the sound of waves lapping the shore, a daily reminder that you’re steps from the ocean. With no CC&Rs, the property presents a rare opportunity to refresh, reimagine, or build your ocean-view dream home in one of La Jolla’s most desirable pockets. The existing residence wraps gracefully around a private courtyard, creating easy indoor/outdoor living. Enjoy a cozy library/office for focused work or reading, a breakfast nook for morning coffee, and an ocean-view living room anchored by a fireplace — perfect for relaxing evenings with sunset views in sight. A discreet street, expansive lot, and excellent potential make this property a unique opportunity to create a sublime coastal residence.

Mortgage Calculator

Est. Monthly Payment

$46,977

Principal & Interest$37,418
Property Tax$7,400
Insurance$2,158
%($1,480,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$8,600
Monthly Cashflow

Rent − PITIA

$-38,376
Full Cashflow

Incl. vacancy, PM, maint, capex

$-46,521

Mortgage (P+I)
$37,418
Cap Rate
-1.48%
Cash-on-Cash
-37.72%
DSCR

Need ≥ 1.25 for DSCR loan

0.18
Break-even Rent
$69,017

NOI (Annual)
$-109,232
Price-to-Rent

Lower = better for investors

71.7

* 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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