8838 La Jolla Scenic Drive
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8838 La Jolla Scenic Drive

C

La Jolla, CA 92037

$3,195,000
NEW — 0d

Soft Appraisal Value: $3,071,500 · 4.0% above estimate

Beds

4

Baths

2.5

Sqft

2,168

Year Built

1961

Days on Market

0

Property Type

Single Family

HOA/mo

N/A

MLS ID

PTP2604906

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

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About This Property

Welcome to 8838 La Jolla Scenic Drive North, a beautifully reimagined single-level residence offering 4 bedrooms and 2.5 bathrooms in one of La Jolla’s most desirable locations. Thoughtfully renovated throughout, this turnkey home blends modern design, functionality, and indoor-outdoor living. The open-concept floor plan features a designer kitchen with new Viking Appliances, a large center island, custom cabinetry, walk-in pantry, and seamless flow into the living and dining areas. The spacious primary suite offers a spa-inspired bath and generous storage. Highlights include new dual-pane windows and sliding doors, a custom wine cellar, new HVAC, EV charger, new washer and dryer, new water heater, smart-home features, designer finishes, and extensive upgrades throughout. Outdoor spaces are designed for entertaining with a covered patio, pergola, outdoor kitchen, professionally landscaped grounds, and multiple gathering areas. Ideally located near beaches, shopping, dining, parks, UC San Diego, UTC, and top-rated La Jolla schools. Move-in ready and rarely available single-level living in the heart of La Jolla.

Mortgage Calculator

Est. Monthly Payment

$20,283

Principal & Interest$16,156
Property Tax$3,195
Insurance$932
%($639,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$6,999
Monthly Cashflow

Rent − PITIA

$-13,284
Full Cashflow

Incl. vacancy, PM, maint, capex

$-17,556

Mortgage (P+I)
$16,156
Cap Rate
-0.53%
Cash-on-Cash
-32.97%
DSCR

Need ≥ 1.25 for DSCR loan

0.35
Break-even Rent
$29,799

NOI (Annual)
$-16,803
Price-to-Rent

Lower = better for investors

38.0

* 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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