8840 Villa
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8840 Villa #108

C

La Jolla, CA 92037

$949,999

Soft Appraisal Value: $934,700 · 1.6% above estimate

Beds

3

Baths

2

Sqft

1,426

Year Built

1981

Days on Market

12

Property Type

Condo

HOA/mo

$783

MLS ID

260014566SD

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

Virtual Tour

About This Property

WALK TO EVERYTHING from this condo!! And I mean EVERYTHING! UCSD, groceries, restaurants, copy center, shopping, the trolley, the bus stop....and you are only 1.8 miles from the beach. Quick freeway access means you are 20 minutes from anywhere in SD. Holy moly! Secure, gated complex with gate code access only. If you are a student/investor this complex is the closest one to campus, no car needed. If you are a family, you are in one of the best school districts in all of San Diego, La Jolla schools. This 3 bedroom can also work as a 2 bedroom with a shared office. Private balcony looks out on green space. Two, safe underground parking spots with a security gate used for entry. New appliances, in-unit laundry, fabulous location - what more could you want! Hurry on over!

Mortgage Calculator

Est. Monthly Payment

$6,814

Principal & Interest$4,804
Property Tax$950
Insurance$277
HOA$783
%($190,000)
%

Location

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Investment Score

19D
Est. Monthly Rent
$4,620
Monthly Cashflow

Rent − PITIA

$-2,194
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,048

Mortgage (P+I)
$4,804
Cap Rate
0.95%
Cash-on-Cash
-25.57%
DSCR

Need ≥ 1.25 for DSCR loan

0.68
Break-even Rent
$9,877

NOI (Annual)
$9,069
Price-to-Rent

Lower = better for investors

17.1

* 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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