8860 Villa La Jolla Drive
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8860 Villa La Jolla Drive #215

C

La Jolla, CA 92037

$668,000
NEW — 0d

Soft Appraisal Value: $649,800 · 2.8% above estimate

Beds

1

Baths

1

Sqft

703

Year Built

1983

Days on Market

0

Property Type

Condo

HOA/mo

$621

MLS ID

PW26144794

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

About This Property

Location, Location, Location - a place to call home in La Jolla. A great place to live!Light and airy condominium with view of UCSD campus. Just a few blocks to pedestrian bridge across La Jolla Village Drive.Rare opportunity to get an turnkey one bedroom condominium in the highly desirable Boardwalk Condominium Complex. Association amenities include pool, spa, tennis courts, gym, and clubhouse.This quiet unit features a living room and sliding door to the view balcony, a gas fireplace, and open floor plan.The owners recently remodeled the bathroom. It features new sink, and tiled walk in shower. Ceramic tile floors in bath. Luxury Vinyl Plank in foyer, hall, and bedroom. There is also a ducted vent fan. The kitchen was updated with butcher block counters and plenty of storage in the near new European cabinets. The stainless steel appliances were all replaced in 2024. The unit has its own laundry in the unit. The combined European-style washer/dryer unit is included with sale.Parking garage features security gate, assigned parking space, and storage locker. Nearby there is a guest parking garage, which is adjacent to club house, common area pool and tennis courts.Interior photos to follow soon.Walk Score 80 (Very Walkable), Transit Score: 62 (Good), Bike Score 61 per WalkScore WebsitePer Greatschools website, Unified San Diego School District: La Jolla High School, Muirlands Middle School, and Torrey Pines Elementary. Buyer to verify.

Mortgage Calculator

Est. Monthly Payment

$4,862

Principal & Interest$3,378
Property Tax$668
Insurance$195
HOA$621
%($133,600)
%

Location

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Investment Score

18D
Est. Monthly Rent
$2,724
Monthly Cashflow

Rent − PITIA

$-2,138
Full Cashflow

Incl. vacancy, PM, maint, capex

$-3,321

Mortgage (P+I)
$3,378
Cap Rate
0.10%
Cash-on-Cash
-29.83%
DSCR

Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$7,037

NOI (Annual)
$682
Price-to-Rent

Lower = better for investors

20.4

* 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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