9606 Claiborne Square
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9606 Claiborne Square

Ctop 80%

La Jolla, CA 92037

$1,595,000
STR: check · no permits in this complex · TOT 12.75%

6 licensed short-term rentals within ½ mile (4 whole home), from the cities' license and permit lists of Nov 4, 2026.

No unit in this 7-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: -$6,488/mo full cashflow at 20% down, 7.49% rate.

Works at $753,761 (53% under asking), or at 79% down.

Rent $8,317/mo from 16 leases of 3–5 bed condos & townhomes within 2 mi, same school area ($5,685–$6,528). Previously leased for $8,000.

Beds

4

Baths

2.5

Sqft

2,601

Year Built

1989

Days on Market

44

Property Type

Condo

HOA/mo

$590

MLS ID

NDP2608804

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

Virtual Tour

About This Property

Welcome to this tropical-styled indoor and outdoor living oasis in the incredibly located gated community of Blackhorse in La Jolla. As you reach the end of the cul-de-sac, you’ll enter the front gate to this corner unit home and are immediately greeted by a private and relaxing wall of greenery, which guides you to the front door. Once inside, you absorb plenty of natural light, filling the rooms from floor to ceiling with vast windows in the living rooms, dining room, and kitchen. From there, it flows out to the resort-like backyard with the lush, mature landscaping, coupled with a cascading water feature and jacuzzi spa, creating a relaxing getaway. Coming back inside, enjoy a bottle of wine from the storage under the stairwell, and uncork a cozy evening by the fireplace. Upstairs is the South-facing grand-sized primary suite that overlooks the backyard from a Romeo and Juliet styled balcony, has a fireplace, and has a spacious bathroom and closet. Remaining upstairs are the other three bedrooms, a shared bathroom, hallway storage, and well-placed skylights that invite La Jolla’s sunshine inside. More features to note are a gas cook-top (five burner), stainless steel appliances in the kitchen, a dedicated laundry room, multiple fireplaces, a built-in pergola outside, and tall ceilings throughout. Ownership here exudes the title of, “location.” You’re next to UCSD, near Scripps Memorial Hospital, have nearby ease of freeway access, close to some of the world’s most iconic beaches, connectivity to downtown San Diego via the Blue Line Trolley access in UTC, and near the recently renovated Westfield Mall for the best shopping San Diego offers! Blackhorse owners have ability to purchase a social membership at the neighboring property, the Estancia La Jolla Hotel & Spa allowing use of the pool, spa services, gym, and more. The list goes on why you should consider this home to be yours. Come see it in person and decide for yourself!

Mortgage Calculator

Est. Monthly Payment

$11,563

Principal & Interest$8,913
Property Tax$1,595
Insurance$465
HOA$590
%($319,000)
%
Loan Term

Location

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Zoned Schools

  • Elementary

    Torrey Pines 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

22C
Est. Monthly Rent
$8,317

Previously leased for $8,000

16 leases of 3–5 bed condos & townhomes within 2 mi, same school area · $5,685–$6,528

Monthly Cashflow

Rent − PITIA

-$3,246
Full Cashflow

Incl. vacancy, PM, maint, capex

-$6,488

What would make this work?

$6,488/mo short at 20% down; 79% down or +$8,426/mo rent closes it.

Break-even price

53% under asking

$753,761
Break-even rent

$8,426/mo above the estimate

$16,743/mo
Cashflow at 35% down
−$4,817/mo
Down payment to break even

$1,260,050 cash

79%
Rate to break even

Negative even at a 0% loan

Not reachable

Mortgage (P+I)
$8,913
Cap Rate
2.14%
Cash-on-Cash
-24.41%
DSCR

Need ≥ 1.25 for DSCR loan

0.72

NOI (Annual)
$34,089
Price-to-Rent

Lower = better for investors

16.0

* Modelled at 20% down, 7.49% 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−$6,488/mo