8860 Villa La Jolla Drive

8860 Villa La Jolla Drive

D

La Jolla, CA 92037

$850,000

Beds

2

Baths

2

Sqft

1,080

Year Built

1983

Days on Market

46

Property Type

Condo

HOA/mo

$735

MLS ID

2601247SD

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

$6,131

Principal & Interest$4,298
Property Tax$850
Insurance$248
HOA$735
%($170,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$3,250
Monthly Cashflow

Rent − PITI − HOA

$-2,881
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,337

Mortgage (P+I)
$4,298
Cap Rate
-0.05%
Cash-on-Cash
-20.34%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.76
Break-even Rent
$6,131

NOI (Annual)
$-466
Price-to-Rent

Lower = better for investors

21.8

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

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