939 Coast Boulevard #5H
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939 Coast Boulevard #5H

Ctop 80%

La Jolla, CA 92037

$1,750,000
STR: check · no permits in this complex · TOT 12.75%

108 licensed short-term rentals within ½ mile (91 whole home), from the cities' license and permit lists of Nov 6, 2026.

No unit in this 87-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: -$7,949/mo full cashflow at 20% down, 7.43% rate.

Works at $714,972 (59% under asking), or at 86% down.

Rent $9,275/mo from 1 lease in this building (±1 bed).

Beds

3

Baths

2

Sqft

1,608

Year Built

1967

Days on Market

182

Property Type

Condo

HOA/mo

$1,650

MLS ID

NDP2604522

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

Virtual Tour

About This Property

Experience effortless coastal living at 939 Coast, La Jolla’s premier full-service luxury high-rise ideally positioned just moments from the shoreline, village boutiques, cafés, and oceanfront dining. This light-filled 3-bedroom, 2-bath residence has been lovingly maintained and offers a spacious, functional floorplan designed for both comfortable everyday living and easy entertaining. Walls of windows invite in warm eastern sunlight, creating an inviting ambiance throughout the living and dining spaces, while the adjacent kitchen offers excellent flow and abundant storage. Full of character and enduring appeal, the unit offers a rare opportunity to move right in and enjoy or thoughtfully reimagine it over time. Generous bedrooms, built-in cabinetry, and tranquil garden-level outlooks add to the sense of comfort and serenity, while the unit has one reserved parking space in the complex's private, gated garage for added convenience. Residents of 939 Coast enjoy an unmatched 5-star lifestyle with 24/7 front desk attendants and valet service, on-site maintenance concierge, guest suites for visiting friends and family, resort-style pool and spa, fitness center, BBQ and fire pit areas, billiard room, library, media room, conference room, and expansive indoor-outdoor entertaining spaces. Whether you’re seeking a primary residence, seasonal retreat, or lock-and-leave coastal escape, this is a rare opportunity to own within one of La Jolla’s only high-rise buildings and most sought-after luxury communities!

Mortgage Calculator

Est. Monthly Payment

$13,632

Principal & Interest$9,722
Property Tax$1,750
Insurance$510
HOA$1,650
%($350,000)
%
Loan Term

Location

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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

15C
Est. Monthly Rent
$9,275

1 lease in this building (±1 bed)

Thin data: only 1 lease behind this number.

Monthly Cashflow

Rent − PITIA

-$4,357
Full Cashflow

Incl. vacancy, PM, maint, capex

-$7,949

What would make this work?

$7,949/mo short at 20% down; 86% down or +$10,323/mo rent closes it.

Break-even price

59% under asking

$714,972
Break-even rent

$10,323/mo above the estimate

$19,598/mo
Cashflow at 35% down
−$6,126/mo
Down payment to break even

$1,505,000 cash

86%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$9,722
Cap Rate
1.53%
Cash-on-Cash
-27.25%
DSCR

Need ≥ 1.25 for DSCR loan

0.68

NOI (Annual)
$26,846
Price-to-Rent

Lower = better for investors

15.7

* 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.

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CCashflow−$7,949/mo