8650 Via Mallorca
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8650 Via Mallorca #E

C

La Jolla, CA 92037

$799,900
NEW — 1d

Soft Appraisal Value: $783,600 · 2.1% above estimate

Beds

2

Baths

2

Sqft

978

Year Built

2000

Days on Market

1

Property Type

Condo

HOA/mo

$399

MLS ID

260016522SD

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

About This Property

This south facing 2 Bed 2 Bath La Jolla condo with in-unit washer/dryer is exactly what you’ve been waiting for! Single level and located on the ground floor, this turnkey home features a spacious patio off of the living room which provides seamless indoor/outdoor living and fantastic natural light. The highly desirable Villa La Jolla community boasts fantastic amenities, including a club house for social gatherings and a gym for staying active and healthy. Additionally, the complex features multiple pools and jacuzzis. Situated in a prime location, this condo provides easy access to nearby amenities and attractions, allowing for a convenient and enjoyable lifestyle. Whether you're looking for a cozy primary residence or a low-maintenance investment property, this home offers a wonderful opportunity to experience the best of La Jolla living right next to UCSD, the San Diego Trolley, shopping, grocery stores and multiple world class health care facilities. Don't miss out on the chance to make this delightful condo your own and enjoy the comfort, convenience and unparalleled lifestyle of living in La Jolla!

Mortgage Calculator

Est. Monthly Payment

$5,477

Principal & Interest$4,045
Property Tax$800
Insurance$233
HOA$399
%($159,980)
%

Location

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Investment Score

25D
Est. Monthly Rent
$3,507
Monthly Cashflow

Rent − PITIA

$-1,970
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,443

Mortgage (P+I)
$4,045
Cap Rate
0.90%
Cash-on-Cash
-25.82%
DSCR

Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$7,978

NOI (Annual)
$7,223
Price-to-Rent

Lower = better for investors

19.0

* 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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