8585 Via Mallorca 4, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
ACTIVE$1,095,000$1,513/sqft
8585 Via Mallorca 4, La Jolla, California 92037
2Beds
2Baths
1,513Sqft
22,780Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: Torrey Pines Elementary School (9/10). High School: University City High School (9/10).
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22780, other record lot size in square feet = 43378. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1513, other record living area = 1355.
Compared to the nearby listings
Price:$1.09M vs avg $1.20M ($-105,000)45%
Size:1,513 sqft vs avg 1,252 sqft62%
Price/sqft:$724 vs avg $90818%
More Insights
Built in 1986 (40 years old).
Condition: Built in 1986, this property has undergone significant recent renovations, particularly in the bathrooms, which feature modern fixtures, stylish tiling, and a freestanding tub, presenting an excellent, virtually new condition. The kitchen has also seen updates with modern countertops, backsplash, and flooring, though the white appliances appear dated. While some areas like the living room carpet and fireplace show their age, the overall property is move-in ready and well-maintained, reflecting substantial investment in key areas within the last 5-15 years.
Year Built
1986
Close
-
List price
$1.09M
Original List price
$1.09M
Price/Sqft
$724
HOA
$595
Days on market
-
Sold On
-
MLS number
2600863SD
Home ConditionGood
Features
Good View:
Deck
View-
About this home
La Jolla's hidden gem of an location. This penthouse 3/2 with vaulted ceilings and a double garage is a great size enhanced by a huge deck off the back of both the living room and the kitchen with two sliding doors. Sitting above the waterfalls and streams that run through the complex is heavenly. Whether it is a trip to the Village or off the beach at La Jolla Shores or shoppinig and dining at La Jolla Village Square or UTC the best of La Jolla living is all near by. Not to mention easy freeway access to the rest of San Diego.
R
Rick Thornton
Listing Agent
Nearby schools
9/10
Torrey Pines Elementary School
Public,•K-5•0.7mi
8/10
Muirlands Middle School
Public,•6-8•3.0mi
9/10
University City High School
Public,•9-12•1.3mi
8/10
La Jolla High School
Public,•9-12•3.1mi
Price History
Date
Event
Price
05/19/23
Sold
$970,000
04/28/15
Sold
$490,000
Condition Rating
Good
Built in 1986, this property has undergone significant recent renovations, particularly in the bathrooms, which feature modern fixtures, stylish tiling, and a freestanding tub, presenting an excellent, virtually new condition. The kitchen has also seen updates with modern countertops, backsplash, and flooring, though the white appliances appear dated. While some areas like the living room carpet and fireplace show their age, the overall property is move-in ready and well-maintained, reflecting substantial investment in key areas within the last 5-15 years.
Pros & Cons
Pros
Great Schools: Elementary School: Torrey Pines Elementary School (9/10). High School: University City High School (9/10).
Exceptional La Jolla Location: The property boasts a prime La Jolla address, offering convenient access to La Jolla Village, La Jolla Shores beach, upscale shopping and dining at La Jolla Village Square/UTC, and easy freeway access.
Penthouse Unit with Premium Features: As a penthouse unit, it offers vaulted ceilings, a double garage, and an elevated position within the complex, enhancing its exclusivity and appeal.
Expansive Private Outdoor Space: Features a 'huge deck' accessible from both the living room and kitchen via two sliding doors, providing significant private outdoor living and entertaining space.
Serene Complex Environment: The complex is described as 'heavenly,' with waterfalls and streams, creating a tranquil and aesthetically pleasing living environment.
Access to Highly-Rated Schools: Located within the attendance boundaries of top-rated public schools, including Torrey Pines Elementary (9/10), Muirlands Middle (8/10), and La Jolla High (8/10) or University City High (9/10).
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =22780, other record lot size in square feet = 43378. Living area discrepancy between mls listing and other public or private record. mls listing living area = 1513, other record living area = 1355.
Substantial Monthly Association Fee: The association fee of $595.0 per month is a significant ongoing expense that buyers must factor into their budget.
Potential for Dated Interiors/Systems: Built in 1986, and without explicit mention of recent renovations in the description, the property may feature original or dated interior finishes, appliances, or building systems, potentially requiring future investment for modernization.
Significant Price Increase Since Last Sale: The current list price of $1,095,000 represents a substantial increase from its last sale price of $970,000 in May 2023, which may require strong justification through market comparables or unstated improvements.