9618 Claiborne Square
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9618 Claiborne Square

D

La Jolla, CA 92037

$1,595,000
NEW — 5d

Soft Appraisal Value: $1,561,500 · 2.1% above estimate

Beds

3

Baths

2.5

Sqft

2,361

Year Built

1990

Days on Market

5

Property Type

Condo

HOA/mo

$590

MLS ID

NDP2605284

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

Virtual Tour

About This Property

Opportunity awaits a new owner within the excellently located gated community of Blackhorse in La Jolla. Once inside this home, you absorb a plentiful amount of natural light coming through the tall windows and multiple updated French doors in the main living areas. The back yard views exude fresh air, manicured greenery, mature fruit trees, flowers, and is truly a serene place to enjoy some company in the sunshine. Coming back inside, cozy living with multiple fireplaces, a designated dining area, a tall windowed and naturally lit granite-countered kitchen + breakfast nook, and an additional living room that allows access to the two-car garage. Features to note in the garage are a 220V Tesla charger, a new tankless water heater, a crafty peg-wall for tools, ample storage, and a substantial water filtration system. The primary suite along with the two other bedrooms, an additional shared bathroom, and the laundry room are all located upstairs. Inside the primary, enjoy another fireplace, a sizeable walk-in closet, a skylit updated bathroom, and an inviting balcony overlooking the beautiful backyard. Residing here, you’d be in a very close vicinity of education at UCSD, highly accredited medical services at Scripps Memorial Hospital, have ease of connectivity to more of San Diego with the Blue Line Trolley access in UTC, and some incredibly renowned beaches nearby. Blackhorse owners also have access 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. Come see what this home has to offer!

Mortgage Calculator

Est. Monthly Payment

$10,715

Principal & Interest$8,065
Property Tax$1,595
Insurance$465
HOA$590
%($319,000)
%

Location

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Investment Score

7D
Est. Monthly Rent
$6,370
Monthly Cashflow

Rent − PITIA

$-4,345
Full Cashflow

Incl. vacancy, PM, maint, capex

$-7,139

Mortgage (P+I)
$8,065
Cap Rate
0.70%
Cash-on-Cash
-26.86%
DSCR

Need ≥ 1.25 for DSCR loan

0.59
Break-even Rent
$15,642

NOI (Annual)
$11,109
Price-to-Rent

Lower = better for investors

20.9

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

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

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