9253 Regents Road

9253 Regents Road

D

La Jolla, CA 92037

$599,000

Beds

1

Baths

1

Sqft

764

Year Built

2000

Days on Market

89

Property Type

Condo

HOA/mo

$720

MLS ID

NDP2511187

Description

Last Sale $675k-Model Match-DEAL! LUXE 5 Star Living – STYLISH Remodel/Basically brand NEW condo w/high ceilings, Impressive Surrounds, Security and Estate Amenities. All without the maintenance! Built in 2000 Regents is a strong financial HOA with over 30% reserves and was NOT a converted apartment complex as many others in 92037. Buyers benefit from the same loan percentage rates/terms as other complexes with 25% down. This condo enjoys easy elevator access from parking to your front door with nothing for you to do – enjoy BRAND new Refrigerator, Stove, Microwave, new neutral flooring, gorgeous paint, added art lighting+new Kitchen and Dining fixtures on dimmers, Back-Lit Antifog Bathroom Mirror and more. No neighbors look into this private 2nd Floor location that is drenched in sunlight & overlooks the treetops. You’ll love the condo’s private storage room, walk in closet and in-unit laundry. All of this, topped off by an incredibly EASY COMMUTE and Public Transit Access -you are only ½ block from UCSD Bus Line, 2 blocks to the Trolley Line and virtually across the street from world-class shopping at Westfield Mall. Other features include forced air HVAC (no wall units). Impressive HOA spaces or may be privately reserved by the hour for parties/gatherings) with high ceilings, front desk personnel (M-F), 2 lap pools/spas, BBQs, Killer Gym, Baby Grande Piano Lounge, Sports Bar/Pool Table Lounge, Movie Theater (HOA monthly movie nights), Dog Washing Center, Prep Kitchen and Private Dining Room. Unlimited overnight guest parking ($10 per day per HOA)

Mortgage Calculator

Est. Monthly Payment

$4,523

Principal & Interest$3,029
Property Tax$599
Insurance$175
HOA$720
%($119,800)
%

Investment Score

4D
Est. Monthly Rent

Market Rent Estimate

$2,986
Monthly Cashflow

Rent − PITI − HOA

$-1,537
Full Cashflow

Incl. vacancy, PM, maint, capex

$-2,723

Mortgage (P+I)
$3,029
Cap Rate
0.61%
Cash-on-Cash
-15.39%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.99
Break-even Rent
$4,523

NOI (Annual)
$3,673
Price-to-Rent

Lower = better for investors

16.7

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

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