8641 Via Mallorca

8641 Via Mallorca

D

La Jolla, CA 92037

$1,150,000

Beds

2

Baths

2.5

Sqft

1,680

Year Built

1996

Days on Market

80

Property Type

Condo

HOA/mo

$612

MLS ID

250045728SD

Description

Just Reduced!! Exceptional value! Privately tucked away in Cape La Jolla Gardens! This spacious 1,680 sq. ft. townhome offers the privacy of having no neighbors above or below. Enjoy an updated kitchen with stainless steel appliances, hard-surface flooring throughout, newer full-size laundry, and modern fixtures. The home features two generous bedrooms and 2.5 baths, including a primary suite with a soaking tub and separate shower. Step outside to a freshly landscaped private patio, perfect for relaxing or entertaining. A detached 2-car garage offers additional convenience, complete with an extra-large storage room. Community amenities include a pool, spa, and gym. Ideally located near the UCSD Shuttle, Shiley Eye Institute, VA, Scripps, UCSD hospitals, the red line trolley, shops, restaurants, Trader Joe’s, Whole Foods, and more.

Mortgage Calculator

Est. Monthly Payment

$7,912

Principal & Interest$5,815
Property Tax$1,150
Insurance$335
HOA$612
%($230,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$4,005
Monthly Cashflow

Rent − PITI − HOA

$-3,907
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,787

Mortgage (P+I)
$5,815
Cap Rate
0.03%
Cash-on-Cash
-20.38%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.69
Break-even Rent
$7,912

NOI (Annual)
$342
Price-to-Rent

Lower = better for investors

23.9

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

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