8860 Villa La Jolla Drive

8860 Villa La Jolla Drive #217

D

La Jolla, CA 92037

$799,000
NEW — 2d on market

Beds

2

Baths

2

Sqft

1,080

Year Built

1983

Days on Market

2

Property Type

Condo

HOA/mo

$735

MLS ID

260007871SD

View on MLS

Description

Welcome to this single-level, two bedroom, two bath corner unit with two private balconies, located in one of San Diego’s most desirable neighborhoods! Freshly painted and fully remodeled, stainless-steel appliances & kitchen sink, vinyl plank flooring throughout. The living space includes a cozy gas fireplace and two covered, tiled balconies accessible from both the living room and the primary bedroom. Resort-style amenities including a pool, spa, tennis courts, and clubhouse, minutes from UCSD, major tech hubs, top hospitals, beaches, restaurants, grocery stores, movie theaters, and with easy freeway access.

Mortgage Calculator

Est. Monthly Payment

$5,807

Principal & Interest$4,040
Property Tax$799
Insurance$233
HOA$735
%($159,800)
%

Investment Score

2D
Est. Monthly Rent
$3,698
Monthly Cashflow

Rent − PITIA

$-2,109
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,626

Mortgage (P+I)
$4,040
Cap Rate
0.62%
Cash-on-Cash
-27.23%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.64
Break-even Rent
$8,407

NOI (Annual)
$4,976
Price-to-Rent

Lower = better for investors

18.0

* 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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