1
Map
$410,000
●
Condo -
Off Market
8585 Via Mallorca #21
La Jolla, CA 92037
2 Beds
2 Baths
1,355 Ft²
$1,217,579
RealtyHop Estimate
177.35%
Since Feb 1, 2012
CA-San Diego
Primary Model
About This Property
Traditional Sale! A Stunning Surprise! Rarely Available Cape La
Jolla - Watercapes! Quiet location. Dramatic design with high
ceilings and unique architecture. Views to inner courtyard and
spectacular waterscapes - sights and sounds of sparkling water. Two
private patios. Quietly sited, bright and sunny! Large kitchen with
breakfast area and updated appliances. Large 2 car garage.
Pool/Spa. Walk to Shopping Heaven - Whole Foods, Starbucks, Trader
Joe's, CVS, Ralphs and more! Steps to UCSD Shuttle. Cape La
Jolla is a unique, smaller, 52-unit development located "West of
Route 5" in La Jolla. Cape La Jolla is within walking distance to
La Jolla Village Square and UCSD. Extremely easy access to all
major routes, airport and beaches - yet, this condominium is
quietly sited set away from Via Mallorca and I-5 within this
special gem of a development. Gas fireplace and pre-plumbed for
A/C. Cape La Jolla sets itself apart from other developments with
its spectacular waterscapes and sparkling waterfalls that line the
interior common area - unmached by any other area condos. The
lovely pool/spa is sheltered within the common area ringed by the
52 units. Complex Features: ,, Equipment: Dryer,Garage Door
Opener, Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,355 Ft²
Days on Market
-
Land Size
12.10 acres
Price per sqft
$324
Property Type
Condo
Property Taxes
-
HOA Dues
$324
Year Built
1986
Payment Calculator
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Cap Rate Calculator
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Operating Profit Per Year
Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 4 months ago (SDMLS #110062841)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 18, 2012 | Sold | ||
| Sold | |||
| Nov 15, 2011 | Listed by Futura Properties | $439,000 | |
| Listed by Futura Properties | |||
Property Highlights
Garage
Parking Available
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Disposal, Gas Water Heater, Microwave, Refrigerator
Flooring Type: Carpet
Laundry Features: Electric Dryer Hookup, Gas Dryer Hookup
Has Fireplace
Fireplace Features: Living Room
Exterior Details
Has Property Attached
Square Footage: 1355
Square Footage Source: $0
Year Built: 1985
Levels: Multi/Split
Construction Materials: Wood Siding
Patio and Porch Features: Covered, Deck, Concrete
Pool Features: Community, In Ground
Lot Size Area: 527076
Lot Size Units: Square Feet
Lot Size Acres: 12.1
Lot Size Square Feet: 527076
Tax Lot: 8585VIAMALLORCA2192037
Utilities Details
Cooling Type: None
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds
HOA Fee: $324
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/29/2026
|
2 Bed
|
2 Bath
|
1355 ft²
|
$899,000
2 Bed
2 Bath
1355 ft²
|
$865,000
-3.78%
07/15/2026
|
Nancy Beck
Realty One Group Pacific
| |
|
02/12/2026
|
2 Bed
|
2 Bath
|
1286 ft²
|
$965,000
2 Bed
2 Bath
1286 ft²
|
$850,000
-11.92%
05/14/2026
|
Susan Whitney
eXp Realty of California, Inc.
| |
|
08/29/2025
|
2 Bed
|
2 Bath
|
1141 ft²
|
$799,999
2 Bed
2 Bath
1141 ft²
|
$799,999
11/06/2025
|
Brian Cane
Keller Williams - La Jolla
| |
|
05/28/2025
|
2 Bed
|
2 Bath
|
1141 ft²
|
$799,999
2 Bed
2 Bath
1141 ft²
|
$799,999
07/24/2025
|
Moira Tapia
Coldwell Banker Realty
| |
|
05/02/2025
|
2 Bed
|
2 Bath
|
1355 ft²
|
$895,000
2 Bed
2 Bath
1355 ft²
|
$795,000
-11.17%
09/18/2025
|
Pat O'Connor
KW Bay Area Estates
| |
|
05/30/2024
|
2 Bed
|
2 Bath
|
1141 ft²
|
$899,000
2 Bed
2 Bath
1141 ft²
|
$867,000
-3.56%
08/28/2024
|
Lindsay Herrell
Pacific Sotheby's Int'l Realty
| |
|
04/03/2024
|
2 Bed
|
2 Bath
|
1346 ft²
|
$1,065,000
2 Bed
2 Bath
1346 ft²
|
-
-
|
Carolynn Howard
eXp Realty of California Inc
| |
|
10/05/2023
|
2 Bed
|
2 Bath
|
1346 ft²
|
$1,065,000
2 Bed
2 Bath
1346 ft²
|
-
-
|
Carolynn Howard
eXp Realty of California Inc
| |
|
06/22/2023
|
2 Bed
|
2 Bath
|
1286 ft²
|
$1,060,000
2 Bed
2 Bath
1286 ft²
|
-
-
|
Afshan Rahmati
Pacific Sotheby's Int'l Realty
| |
|
01/12/2023
|
2 Bed
|
2 Bath
|
1513 ft²
|
$1,075,000
2 Bed
2 Bath
1513 ft²
|
-
-
|
Cheree Bray
Redfin Corporation
| |
|
07/25/2022
|
2 Bed
|
2 Bath
|
1355 ft²
|
$990,000
2 Bed
2 Bath
1355 ft²
|
-
-
|
Cindy Penn
Sunrise Investment International
| |
|
06/06/2022
|
2 Bed
|
2 Bath
|
1346 ft²
|
$1,100,000
2 Bed
2 Bath
1346 ft²
|
-
-
|
Ryan Shick
Keller Williams La Jolla
| |
|
01/20/2021
|
2 Bed
|
2 Bath
|
1286 ft²
|
$759,000
2 Bed
2 Bath
1286 ft²
|
-
-
|
-
| |
|
04/09/2020
|
2 Bed
|
2 Bath
|
1141 ft²
|
$625,000
2 Bed
2 Bath
1141 ft²
|
$600,000
-4.00%
07/24/2020
|
Michelle Serafini
Compass
| |
|
12/11/2018
|
2 Bed
|
2 Bath
|
1141 ft²
|
$610,000
2 Bed
2 Bath
1141 ft²
|
-
-
|
-
| |
|
08/31/2018
|
2 Bed
|
2 Bath
|
1141 ft²
|
$610,000
2 Bed
2 Bath
1141 ft²
|
$590,000
-3.28%
03/07/2019
|
Paul Yung
San Diego Sunrise Realty
| |
|
05/14/2018
| |
2 Bed
|
2 Bath
|
1346 ft²
|
-
2 Bed
2 Bath
1346 ft²
|
-
-
|
-
|
|
02/24/2017
|
2 Bed
|
2 Bath
|
1346 ft²
|
$624,900
2 Bed
2 Bath
1346 ft²
|
$636,900
+1.92%
03/24/2017
|
Olivia Hansen
Real Innovate Realty
| |
|
04/15/2016
|
2 Bed
|
2 Bath
|
1355 ft²
|
$549,900
2 Bed
2 Bath
1355 ft²
|
$562,000
+2.20%
05/05/2016
|
Daniel Beer
Keller Williams Realty San Diego North Inland
| |
|
03/30/2016
|
2 Bed
|
2 Bath
|
1346 ft²
|
$599,000
2 Bed
2 Bath
1346 ft²
|
$611,000
+2.00%
04/25/2016
|
Ryan Tuck
SPRE, Inc.
| |
|
02/12/2016
|
2 Bed
|
2 Bath
|
1286 ft²
|
$560,000
2 Bed
2 Bath
1286 ft²
|
$555,000
-0.89%
02/29/2016
|
Jim McInerney
eXp Realty of Southern California, Inc.
| |
|
09/23/2015
|
2 Bed
|
2 Bath
|
1346 ft²
|
$499,900
2 Bed
2 Bath
1346 ft²
|
$450,000
-9.98%
10/13/2015
|
David Heller
Futura Properties
| |
|
06/19/2015
|
2 Bed
|
2 Bath
|
1355 ft²
|
$499,900
2 Bed
2 Bath
1355 ft²
|
$470,000
-5.98%
10/09/2015
|
Jensen Kierulff
PRW Real Estate
| |
|
05/27/2015
|
2 Bed
|
2 Bath
|
1286 ft²
|
$569,000
2 Bed
2 Bath
1286 ft²
|
$560,000
-1.58%
07/20/2015
|
David Heller
Futura Properties
| |
|
05/22/2015
|
2 Bed
|
2 Bath
|
1138 ft²
|
$542,000
2 Bed
2 Bath
1138 ft²
|
$525,000
-3.14%
08/10/2015
|
Cristina Vaughn
San Vicente Realty
| |
|
09/15/2014
|
2 Bed
|
2 Bath
|
1355 ft²
|
$559,000
2 Bed
2 Bath
1355 ft²
|
$525,000
-6.08%
11/26/2014
|
Dennis Kuhn
Sun and Sea Realty
| |
|
07/31/2014
|
2 Bed
|
2 Bath
|
1346 ft²
|
$525,000
2 Bed
2 Bath
1346 ft²
|
$518,500
-1.24%
10/09/2014
|
Patty Nesbitt
BHGRE Clarity
| |
|
11/15/2011
|
2 Bed
|
2 Bath
|
1355 ft²
|
$439,000
2 Bed
2 Bath
1355 ft²
|
$410,000
-6.61%
01/18/2012
|
David Heller
Futura Properties
|
Building Info
About Northern San Diego
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Listed by: David Heller, Futura Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 110062841
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 110062841
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