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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in La Jolla at 2600 Torrey Pines Rd APT B38, La Jolla, CA, 92037 generates $4,938/mo in rent, after a $4,395/mo payment. Total monthly income is $4,938/mo. Return on cash invested sits at 14.92% in year one, and rental yield is 6.6% on a $898,000 entry. Equity gained on principal adds $5,795/yr, while 5% annual appreciation builds toward $248,101 over five years. Five-year ROI reaches 77.01% and total cumulative return in cash sums $227,516. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $4,938/mo property income rather than buyer’s personal income.
Condo
Built in 1966
2.69 Acres lot
$N/A/sqft
$649 monthly HOA
Neighborhood data shown for ZIP Code: 92037, La Jolla, CA area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 20,119 (100%) |
| Owner Occupied HU | 10,189 (50.6%) |
| Renter Occupied HU | 6,872 (34.2%) |
| Vacant Housing Units | 3,058 (15.2%) |
| Median Home Value | $1,900,024 |
| Average Home Value | $1,722,784 |
Residential
19,128
Single Family
13,517
Multi-Family
5,611
Businesses
2,245
Date | Event | Price |
|---|---|---|
| 2024-11-07 | Listed for sale | $898,000 |
| 2024-10-29 | Listing removed | $915,000 |
| 2024-10-10 | Listed for sale | $915,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-22 | $5220.96 | 2.25% | $422,539 | 2.00% |
| 2023-11-22 | $5105.84 | 2.73% | $414,254 | 2.00% |
| 2022-11-22 | $4970.38 | 0.69% | $406,132 | 2.00% |
Listed by: Diana S Chapman • RE/MAX Pacific
Mls Name: SDMLS
Mls Provider:
Mls ID: #240026329
Disclaimer: This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, noncommercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation 2024 San Diego MLS.
