8585 Via Mallorca
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8585 Via Mallorca #4

D

La Jolla, CA 92037

$995,000

Beds

2

Baths

2

Sqft

1,513

Year Built

1986

Days on Market

95

Property Type

Condo

HOA/mo

$750

MLS ID

2600863SD

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

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About This Property

La Jolla's hidden gem of an location. This penthouse 3/2 with vaulted ceilings and a double garage is a great size enhanced by a huge deck off the back of both the living room and the kitchen with two sliding doors. Sitting above the waterfalls and streams that run through the complex is heavenly. Whether it is a trip to the Village or off the beach at La Jolla Shores or shoppinig and dining at La Jolla Village Square or UTC the best of La Jolla living is all near by. Not to mention easy freeway access to the rest of San Diego.

Mortgage Calculator

Est. Monthly Payment

$7,066

Principal & Interest$5,031
Property Tax$995
Insurance$290
HOA$750
%($199,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$2,112
Monthly Cashflow

Rent − PITIA

$-4,954
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,269

Mortgage (P+I)
$5,031
Cap Rate
-1.49%
Cash-on-Cash
-37.80%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.30
Break-even Rent
$10,254

NOI (Annual)
$-14,855
Price-to-Rent

Lower = better for investors

39.3

* 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.

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