8625 Via Mallorca

8625 Via Mallorca

D

La Jolla, CA 92037

$1,365,000

Beds

3

Baths

2.5

Sqft

1,992

Year Built

1996

Days on Market

9

Property Type

Condo

HOA/mo

$671.69

MLS ID

260004007SD

Description

Almost 2,000 square feet in La Jolla? Say more… 1,992 sq ft of vaulted ceilings, natural light, and actual breathing room. Located in Cape La Jolla Gardens, this residence delivers on something many coastal condos only hint at: size. Yes, sometimes size matters. Dramatic ceilings, oversized windows, and skylights flood the space with light. The kind that makes 3pm feel like 10am and your furniture look suspiciously expensive. If “upgrade” has been floating around in your head, congrats, you’re here. The living area centers around a fireplace and flows seamlessly into the dining space and updated kitchen. New appliances, refreshed cabinetry, updated countertops. Clean, modern, functional & perfect for hosting friends or confidently reheating DoorDash. Upstairs, the vaulted primary suite feels private and substantial. The bath features freshly painted cabinetry, updated counters, and a new toilet. Polished, move-in ready, not trying too hard. And then there’s the loft. Office? Gym? Media lounge? Reading den? Secret escape? The skylight keeps it bright no matter the mission. Additional highlights: • Fresh interior paint • In-unit laundry • Private patio for morning coffee or evening wine • Two-car garage (attached to the building, close and convenient) HOA dues of $671.69/month include pool, gym, and exterior maintenance. Amenities without the weekend project list. Minutes to UCSD, beaches, La Jolla Village, and freeway access. Close to everything, removed enough to feel like home. Some photos are virtually staged. In person, the scale and light do the talking. Parking is available along the entire perimeter of the property.

Mortgage Calculator

Est. Monthly Payment

$9,337

Principal & Interest$6,902
Property Tax$1,365
Insurance$398
HOA$672
%($273,000)
%

Investment Score

2D
Est. Monthly Rent

Market Rent Estimate

$5,104
Monthly Cashflow

Rent − PITI − HOA

$-4,233
Full Cashflow

Incl. vacancy, PM, maint, capex

$-6,544

Mortgage (P+I)
$6,902
Cap Rate
0.31%
Cash-on-Cash
-18.61%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.74
Break-even Rent
$9,337

NOI (Annual)
$4,295
Price-to-Rent

Lower = better for investors

22.3

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

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