La Jolla

La Jolla

C

La Jolla, CA 92037

$3,490,000

Soft Appraisal Value: $5,454,000 · 36.0% below estimate

Beds

3

Baths

2

Sqft

1,280

Year Built

1944

Days on Market

267

Property Type

Single Family

HOA/mo

N/A

MLS ID

240019065SD

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

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About This Property

Great House with development potential. In the future Build your Dream home by Remodeling this house. One of the Last "undeveloped" houses on a Lot with Views of the Ocean just a few yards away. In Bird Rock La Jolla with a fantastic access to the Bird Rock Commercial District with Restaurants and unique shops, medical offices, Markets CVS Pharmacy Etc. within short walking distance.

Mortgage Calculator

Est. Monthly Payment

$22,155

Principal & Interest$17,647
Property Tax$3,490
Insurance$1,018
%($698,000)
%

Location

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Investment Score

0D
Est. Monthly Rent
$7,210
Monthly Cashflow

Rent − PITIA

$-14,945
Full Cashflow

Incl. vacancy, PM, maint, capex

$-19,512

Mortgage (P+I)
$17,647
Cap Rate
-0.64%
Cash-on-Cash
-33.54%
DSCR

Need ≥ 1.25 for DSCR loan

0.33
Break-even Rent
$32,550

NOI (Annual)
$-22,376
Price-to-Rent

Lower = better for investors

40.3

* 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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