939 Coast Blvd #103
1 / 20

939 Coast Blvd #103

Dbottom 20%

La Jolla, CA 92037

$4,495,000
STR: check · no permits in this complex · TOT 12.75%

109 licensed short-term rentals within ½ mile (92 whole home), from the cities' license and permit lists of Nov 10, 2026.

No unit in this 4-unit complex holds a short-term rental license, so nothing shows its HOA allows them. Get the CC&Rs before counting on short-term income.

Pass at asking: -$27,935/mo full cashflow at 20% down, 7.43% rate.

Works at $857,862 (81% under asking); even all cash loses money at asking.

Rent $9,814/mo from 1 lease in this building (±1 bed).

Beds

3

Baths

2

Sqft

1,800

Year Built

1999

Days on Market

95

Property Type

Condo

HOA/mo

$968.25

MLS ID

260019315SD

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

Virtual Tour

About This Property

Rare opportunity to own one of La Jolla's most coveted newly remodeled oceanfront châteaux. This exceptional residence showcases breathtaking, unobstructed panoramic views of the Pacific Ocean and iconic coastline from both levels, creating an extraordinary backdrop for everyday living. Perfectly positioned directly across from Shell Beach and just steps from the legendary Ellen Browning Scripps Park, this coastal château offers effortless walkability to award-winning restaurants, charming cafés, boutique shopping, art galleries, and the very best of La Jolla Village. Thoughtfully remolded with timeless elegance and refined finishes, this sophisticated residence seamlessly blends modern luxury with the charm of its iconic coastal setting. Designed for those who value both luxury and lifestyle, this elegant residence offers exclusive amenities including 24-hour concierge service, valet parking, doorman service, a resort-style pool and spa, private fitness center, and guest suites. Adding to its rarity, this residence offers an ownership interest that extends beyond the home itself, an uncommon and highly desirable feature among many coastal properties. What truly sets this residence apart is its exceptionally rare abundance of parking, an almost unheard-of luxury in the heart of La Jolla Village, offering unmatched convenience, exclusivity, and long-term value. This is more than a home. It's an opportunity to experience one of Southern California's most iconic coastal lifestyles.

Mortgage Calculator

Est. Monthly Payment

$31,746

Principal & Interest$24,972
Property Tax$4,495
Insurance$1,311
HOA$968
%($899,000)
%
Loan Term

Location

Loading map...

Zoned Schools

  • Elementary

    La Jolla Elementary · grades K-5 · San Diego Unified

  • Middle

    Muirlands Middle · grades 6-8 · San Diego Unified

  • High

    La Jolla High · grades 9-12 · San Diego Unified

The district's assigned schools for this parcel, from its attendance boundaries and rules. Boundaries change: confirm with the district before you buy.

Investment Score

0D
Est. Monthly Rent
$9,814

1 lease in this building (±1 bed)

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$21,932
Full Cashflow

Incl. vacancy, PM, maint, capex

-$27,935

What would make this work?

$27,935/mo short at 20% down; +$36,279/mo rent closes it.

Break-even price

81% under asking

$857,862
Break-even rent

$36,279/mo above the estimate

$46,093/mo
Cashflow at 35% down
−$23,253/mo
Down payment to break even

Negative even all-cash

Not reachable
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$24,972
Cap Rate
-0.66%
Cash-on-Cash
-37.29%
DSCR

Need ≥ 1.25 for DSCR loan

0.31

NOI (Annual)
-$29,671
Price-to-Rent

Lower = better for investors

38.2

* Modelled at 20% down, 7.43% rate, 30yr · vacancy 8% · PM 10% · capex 5% · maintenance 1%/yr.

Estimates only. Not financial advice. Verify all figures independently with a licensed professional before making any investment decision.

Open Full Calculator
DCashflow−$27,935/mo