939 Coast Blvd

939 Coast Blvd

D

La Jolla, CA 92037

$3,360,000

Beds

3

Baths

2

Sqft

2,312

Year Built

1966

Days on Market

238

Property Type

Condo

HOA/mo

$2,300

MLS ID

250032722SD

Description

This is a fabulous opportunity for you to fully remodel at your pleasure this Ocean corner Unit 6A available with Panoramic views of the ocean of La Jolla Cove & White water views. Sit down ocean views from the bedrooms. 3rd bedroom is now available for viewing, it has spectacular views. Newer laminate wood flooring. Kitchen and bathrooms are in original condition. (1) parking plus Storage Valet Parking is available. Doorman at entry lobby. Steps to La Jolla Cove Beach. Walk to Restaurants and shopping.

Mortgage Calculator

Est. Monthly Payment

$23,630

Principal & Interest$16,990
Property Tax$3,360
Insurance$980
HOA$2,300
%($672,000)
%

Investment Score

0D
Est. Monthly Rent

Market Rent Estimate

$2,211
Monthly Cashflow

Rent − PITI − HOA

$-21,419
Full Cashflow

Incl. vacancy, PM, maint, capex

$-24,728

Mortgage (P+I)
$16,990
Cap Rate
-2.76%
Cash-on-Cash
-38.25%
DSCR

⚠️ Need ≥ 1.25 for DSCR loan

0.13
Break-even Rent
$23,630

NOI (Annual)
$-92,850
Price-to-Rent

Lower = better for investors

126.6

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

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