8870 Villa La Jolla Dr

8870 Villa La Jolla Dr

D

La Jolla, CA 92037

$788,888

Beds

2

Baths

1

Sqft

1,080

Year Built

1985

Days on Market

37

Property Type

Condo

HOA/mo

$742

MLS ID

260001788SD

Description

Sellers will consider a 2/1 buydown with the right offer, creating lower payments the first two years. Experience La Jolla living in one of San Diego’s most prestigious and sought-after coastal ZIP codes. Welcome to this beautifully remodeled home designed with modern elegance and everyday comfort in mind. This turnkey residence offers effortless living in the Boardwalk community near UCSD, major tech and biotech employers, leading medical centers, and iconic beaches. The updated kitchen features new appliances and custom cabinetry, blending clean contemporary style with everyday functionality. Vinyl plank flooring upstairs and new carpet downstairs create a warm, cohesive flow throughout. The remodeled bathroom offers modern finishes and a spa-inspired feel, while the bright living space is filled with natural light and ideal for relaxing or entertaining. Additional highlights include solid-wood interior doors, upgraded lighting, a fireplace, private balcony, in-unit washer and dryer hookup, assigned parking with storage, and elevator access from the garage. The Boardwalk community offers tropical landscaping and resort-style amenities including a pool, spa, tennis and pickleball courts, clubhouse, EV charging, garage and guest parking. HOA dues include water, gas, and trash. Enjoy walkability to Whole Foods, dining, shopping, a movie theater, and the trolley with direct access to Little Italy and Mission Valley. Strong rental demand near UCSD adds long-term investment appeal. This home appeals to a wide range of buyers, including remote-hybrid tech professionals seeking proximity to UCSD, local downsizers looking for convenience and low-maintenance living, and out-of-area investors drawn to the strong rental demand in UCSD-adjacent neighborhoods. With its full remodel, prime location, and exceptional amenities, this La Jolla residence provides a lifestyle you will love and an investment you can feel confident in.

Mortgage Calculator

Est. Monthly Payment

$5,750

Principal & Interest$3,989
Property Tax$789
Insurance$230
HOA$742
%($157,778)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$1,031
Monthly Cashflow

Rent − PITI − HOA

$-4,719
Full Cashflow

Incl. vacancy, PM, maint, capex

$-5,613

Mortgage (P+I)
$3,989
Cap Rate
-2.47%
Cash-on-Cash
-35.89%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.26
Break-even Rent
$5,750

NOI (Annual)
$-19,493
Price-to-Rent

Lower = better for investors

63.8

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

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