8870 Villa La Jolla Drive
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8870 Villa La Jolla Drive #213

D

La Jolla, CA 92037

$989,000
NEW — 1d

Beds

3

Baths

2

Sqft

1,426

Year Built

1985

Days on Market

1

Property Type

Condo

HOA/mo

$783

MLS ID

NDP2605221

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

Virtual Tour

About This Property

Unbeatable 3BR/2BA La Jolla Opportunity UNDER $1M>> Largest ONE LEVEL Wall Street Model in sought after BOARDWALK LJ>> NO Steps except Building Entry>> Tucked inside SE corner, private rarely available end-unit overlooks manicured greenbelt, mature trees, quiet cul-de-sac>> Peaceful covered south-facing Terrace balances indoors & out with Great Room, spacious Primary +Walk-in Wardrobe, versatile BR2/Office, Dining +Eat-in Kitchen wBay Window>> Sunny BR3, Remodeled Bath, Stacked Laundry Closet off Entry Foyer>> Ideal Work from Home, Vacation Pied a Terre, Student Housing OR Investment>> Close proximity to UCSD Campus, BioTech, Medical Centers, Freeways, San Diego Int’l Airport>> La Jolla Cove, World-renowned Torrey Pines Golf, pristine beaches just Over the Hill>> You will Love friendly walkable neighborhood AND The Shops at La Jolla Village across street ~ Nordstrom Rack, Whole Foods, Trader Joe's, Restaurants, AMC Theatre, CVS, Banks>> Enjoy brief 0.4mi walk to Blue Line Trolley & head Downtown to Little Italy, Historic Gaslamp Quarter, PETCO, open-air RADY SHELL>> Endless year 'round concerts & waterfront adventure Boating, Sailing, Cycling, Strolling along spectacular San Diego Bay>> Well maintained resort-style Community features Clubhouse, Billiards, BBQ, Pool, Spa, Sauna, Tennis/Pickleball, lush Grounds>> SECURE Atrium Courtyard Entry, SECURE Controlled Access Underground Garage, ASSIGNED S-by-S Parking, Storage>> HOA covers Water, Gas, Trash wChutes & Elevator Service on all levels>> Abundant GUEST PARKING + EV Charging Stations>> Thoughtful design, Crown Molding, 5" Baseboard, Gas Fireplace, Fresh Crisp White Dove Paint>> Move right in OR reImagine this Sparkling Clean Canvas in Own Vision & Style>> BOARDWALK LA JOLLA Cheqs all The Boxes ~ Luxury Lifestyle Location!

Mortgage Calculator

Est. Monthly Payment

$7,061

Principal & Interest$5,001
Property Tax$989
Insurance$288
HOA$783
%($197,800)
%

Location

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Investment Score

22D
Est. Monthly Rent
$5,001
Monthly Cashflow

Rent − PITIA

$-2,060
Full Cashflow

Incl. vacancy, PM, maint, capex

$-4,034

Mortgage (P+I)
$5,001
Cap Rate
1.17%
Cash-on-Cash
-24.48%
DSCR

Need ≥ 1.25 for DSCR loan

0.71
Break-even Rent
$10,240

NOI (Annual)
$11,599
Price-to-Rent

Lower = better for investors

16.5

* 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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