8591 Via Mallorca F
Ctop 80%La Jolla, CA 92037
Pass at asking: -$6,721/mo full cashflow at 20% down, 7.43% rate.
Works at $399,866 (69% under asking), or at 96% down.
Rent $4,863/mo from 31 leases of 2-bed condos & townhomes within 0.5 mi ($4,269–$4,584).
Beds
2
Baths
3
Sqft
1,680
Year Built
1996
Days on Market
134
Property Type
Condo
HOA/mo
$673
MLS ID
BE41140018
This property is in La Jolla (92037). View neighborhood stats →
About This Property
Pristine corner-unit condominium located in the highly desirable La Jolla Village, just minutes from UCSD, the La Jolla Playhouse, and the premier shopping and dining destinations at UTC. Its south-facing orientation fills the home with abundant natural light, while the private backyard provides the perfect space for outdoor relaxation. The spacious primary suite features a walk-in closet and an ensuite bathroom with dual vanities. Recently remodeled, the home boasts newly installed luxury vinyl plank (LVP) flooring, updated bathrooms, and a beautifully renovated kitchen featuring quartz countertops. 2 Car Garage with extra storage space Residents enjoy exclusive community amenities, including a pool, spa, and fitness center. This is an increasingly rare opportunity to own a beautifully updated home in one of California's most sought-after coastal communities.
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Est. Monthly Payment
$9,403
Location
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Comparable Properties
5 comps foundThis Property
$4,863
Comp Average
$5,903
1115 Pearl
2bd / 2ba · 1,367 sqft · Condo
$1.20M
Est. $5,803/mo
5367 La Jolla Blvd
2bd / 2ba · 1,476 sqft · Condo
$1.20M
Est. $5,425/mo
2217 Via Pedrera
3bd / 2ba · 1,761 sqft · Condo
$1.65M
Est. $5,932/mo
5440 La Jolla Blvd
2bd / 2ba · 1,494 sqft · Condo
$1.40M
Est. $5,268/mo
101 Coast Boulevard
2bd / 2.5ba · 1,615 sqft · Condo
$1.80M
Est. $7,085/mo
Comps based on same zip code, similar beds (±1), price range (60-150%).
Investment Score
31 leases of 2-bed condos & townhomes within 0.5 mi · $4,269–$4,584
Blended 50/50 with the zip's market median ($5,291)
Rent − PITIA
Incl. vacancy, PM, maint, capex
What would make this work?
$6,721/mo short at 20% down; 96% down or +$8,729/mo rent closes it.
- Break-even price
- $399,866
- Break-even rent
- $13,592/mo
- Cashflow at 35% down
- −$5,393/mo
- Down payment to break even
- 96%
- Rate to break even
- Not reachable
69% under asking
$8,729/mo above the estimate
$1,224,000 cash
Negative even at a 0% loan
Need ≥ 1.25 for DSCR loan
Lower = better for investors
* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.
Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.
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