609 Genter StLa JollaCA92037
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in La Jolla at 609 Genter St, La Jolla, CA, 92037 listed at $995,000 pairs $4,960/mo rent with a $4,870/mo payment. Total monthly income runs $4,960/mo. Return on cash invested measures 14.69% in year one, and rental yield registers 5.98% at a $995,000 basis. Equity gained on principal adds $6,421/yr, and annual property appreciation at 5% supports $274,900 by year five. Five-year ROI tracks 75.17% and total cumulative return in cash totals $246,066. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,960/mo property income relative to a $4,870/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1925
N/A lot
$N/A/sqft
$270 monthly HOA
More details about the property
Neighborhood Data
Neighborhood data shown for ZIP Code: 92037, La Jolla, CA area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
19,128
Single Family
13,517
Multi-Family
5,611
Businesses
2,245
Price History
Date | Event | Price |
|---|---|---|
| 2025-04-29 | Listed for sale | $995,000 |
| 2019-08-08 | Listing removed | $2,500 |
| 2019-07-29 | Listed for rent | $2,500 |
Tax History
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $3684.34 | 2.26% | $297,411 | 2.00% |
| 2023-04-30 | $3602.98 | 2.72% | $291,581 | 2.00% |
| 2022-04-30 | $3507.50 | 0.68% | $285,865 | 2.00% |
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Facts & Features
General Information
- Type: Condo
- Year Built: 1925
- Architectural Style: Cottage
- Building Area: 576
- Living Area: 576 sqft
- Property Condition: N/A
Features & Amenities
- Heating: Gravity, Natural Gas
- Cooling: Gas
- Flooring: N/A
- Interior Features: N/A
- Exterior Features: N/A
- Parking Features: Garage: Garage, Non-Garage: Assigned
Location
HOA & Fees
- HOA Fee: $270 monthly
- Association Fee: $270 monthly
- Fees & Dues: N/A
- Association Amenities: N/A
- Association Fee Includes: Maintenance Grounds, Maintenance Structure, Trash
Utilities
- Utilities: Sewer Connected
- Sewer: N/A
- Water Source: Meter on Property
- Road Surface Type: N/A
School Information
- Elementary School: N/A
- Middle School: N/A
- High School: N/A
Listed by: Karla B Cohn • Karla Cohn & Associates Realty
Mls Name: SDMLS
Mls Provider:
Mls ID: #250025889
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 2025 San Diego MLS.