8585 Via Mallorca 41, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
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8585 Via Mallorca 41
La Jolla, California 92037
ACTIVE
CONDITION: GOOD
2Beds
2Baths
1,355Sq Ft
43,739Lot Size
Property Price
LIST PRICE$865,000
EST. MARKET VALUE
$878,694
SUMMARY
This Turnkey Condominium represents a Strong Value Opportunity, listed at $888,000—positioned slightly above the $885,817 Fair Market Value. While priced at market, the property offers a Condition Rating of 3, featuring a Granite Kitchen and 2-Car Garage in a prime location. Situated in the prestigious La Jolla area, residents benefit from Top-Rated Schools like Torrey Pines Elementary and University City High. With resort-style amenities including a Pool and Spa, this residence is an ideal fit for Owner-Occupants or first-time buyers seeking a stable, lifestyle-focused home.
Estimated Market Value
$878,694
Based on Realkey algorithm analyzing recent comparable sales in La Jolla.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8585 Via Mallorca 41 Subject | $865,000* List Price | 2 | 2 | 1,355 | $648 | - |
A 8585 Via Mallorca 238 Sold | $850,000 | 2 | 2 | 1,286 | $661 | 0.1 mi |
B 8840 Villa La Jolla 108 Sold | $949,000 | 3 | 2 | 1,426 | $665 | 0.5 mi |
C 3235 Via Alicante 52 Sold | $885,000 | 2 | 3 | 1,332 | $664 | 0.2 mi |
D 8870 Villa La Jolla Dr 205 Sold | $935,000 | 3 | 2 | 1,426 | $656 | 0.6 mi |
E 8635 Via Mallorca D Sold | $870,000 | 2 | 2 | 1,359 | $640 | 0.1 mi |
F 8448 Via Sonoma 100 Sold | $785,000 | 2 | 2 | 1,074 | $731 | 0.2 mi |
G 8860 Villa La Jolla Drive 217 Sold | $739,000 | 2 | 2 | 1,080 | $684 | 0.6 mi |
H 3167 Via Alicante 242 Sold | $730,000 | 2 | 2 | 1,017 | $718 | 0.2 mi |
I 3145 Evening Way C Active | $759,999 List Price | 2 | 2 | 1,241 | $612 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
Built in 1986, the property is well-maintained and move-in ready. It features mid-life renovations (approx. 10-15 years old) including granite countertops in the kitchen and bathrooms, updated appliances, and newer laminate flooring. While some elements like the square floor tiles and cabinetry are dated, the overall condition is functional and clean.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Torrey Pines Elementary School (9/10). High School: University City High School (9/10).
- Prime Location and Walkability
Situated west of the I-5 in the desirable Cape La Jolla community, this unit offers exceptional walkability to premium retail including Whole Foods and Trader Joe’s, as well as convenient access to the Trolley and UCSD shuttle.
- Rare 2-Car Garage and Storage
The property includes a private 2-car garage with extra storage space, a highly sought-after feature in the La Jolla condo market that provides significant utility and security.
CONSRISKS & DEFICIENCIES
- High Monthly HOA Fees
At $750 per month, the association dues are substantial and may impact the overall affordability and debt-to-income ratio for prospective buyers.
- Aging Infrastructure
Built in 1986, the property and complex are nearly 40 years old, which may necessitate interior modernizations or lead to increased maintenance costs for aging common area components.
About 8585 Via Mallorca 41
Private Corner Unit at Cape La Jolla! Enjoy resort-style living with tranquil waterscapes and lush common areas in this exclusive West-of-I-5 community. This bright 2BD/2BA condo features an open floor plan, host-ready kitchen, full-size washer/dryer, and a 2-car garage with extra storage. Unbeatable walkability to Whole Foods, Trader Joe’s, Starbucks, CVS, Ralphs, the Trolley station, and the UCSD shuttle. Minutes to I-5, ~2 miles to the beach, and ~10 miles to SAN Airport. Amenities include pool/spa; water is included in the HOA fee.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1986
- Lot Size
- 43,739 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $750.0 / Month
Neighborhood Insights
La Jolla Unified Schools
Torrey Pines Elementary School
Grades K-5 • 0.7 mi
9/10
Muirlands Middle School
Grades 6-8 • 3.0 mi
8/10
University City High School
Grades 9-12 • 1.3 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,355 | 1,267.628 |
| Lot Size | 43,739 | 81,522.291 |
| Price | $865.0K | $1.12M |
| Price per sq ft | $638 | $882 |
| Built year | 1986 | 1978 |
| HOA | $750.0 | $741 |
| Days on market | 48 | 70 |
Pricing History
Listed for Sale
Aug 7, 2026
$865,000
$888,000
-3% Price Drop
Initial Listing
Price Change
Jul 23, 2026
$888,000
Initial Listing
Sold
May 5, 2016
$562,000
Public Record
Sold
Jun 18, 2004
$579,000
Public Record
Sold
Feb 18, 1998
$225,000
Public Record
Sold
Sep 10, 1997
$205,000
Public Record