934 Candlelight Place

934 Candlelight Place

D

La Jolla, CA 92037

$2,799,000

Beds

4

Baths

3

Sqft

2,370

Year Built

1968

Days on Market

19

Property Type

Single Family

HOA/mo

N/A

MLS ID

260003478SD

Description

LIKE NEW RARELY AVAILABLE SOUTHWEST FACING HOME WITH VIEWS OF OCEAN AND MISSION BAY IN A FABULOUS LOCATION ON A QUIET CUL DE SAC! Clean, crisp, contemporary mid-century design and move in ready. The home features a brand new large open kitchen design with spectacular views of city lights, the Coronado bridge, ocean and bay. All new kitchen cabinets, countertops, backsplash, new appliances, under cabinet lighting and a comfortable breakfast bar. The adjoining large living room has a large window with new window tinting. New LVP flooring, new bathrooms, new windows in kitchen, bedrooms and bathrooms. New lighting, updated electrical throughout with new GFCI's. New paint, sewer pipes and gas lines. New exterior drainage and irrigation. New exterior lighting. Newer roof and water heater. New whole house high speed Internet and WIFI make it perfect for working at home or streaming services. The lower level includes a private fourth bedroom with a full bath and a separate entrance-ideal for guests, a home office, or multi generational living. Basement with tons of storage. Large windows in all rooms allow for plenty of light and open the house to cooling hillside breezes throughout the day. Located in La Jolla on the south west side of Mt. Soledad in the La Jolla School District. This home places you just minutes from world class restaurants, shopping, sandy beaches, surf spots, neighborhood coffee shops, the boardwalk, Bird Rock and La Jolla Shores. Your turn key dream home awaits!

Mortgage Calculator

Est. Monthly Payment

$17,769

Principal & Interest$14,153
Property Tax$2,799
Insurance$816
%($559,800)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$7,867
Monthly Cashflow

Rent − PITI − HOA

$-9,901
Full Cashflow

Incl. vacancy, PM, maint, capex

$-14,043

Mortgage (P+I)
$14,153
Cap Rate
0.05%
Cash-on-Cash
-21.22%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.56
Break-even Rent
$17,768

NOI (Annual)
$1,321
Price-to-Rent

Lower = better for investors

29.6

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

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