8585 Via Mallorca Unit #42, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
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La Jolla, California 92037
This Turnkey Townhouse is a Strong Value Opportunity, listed at $899,000—positioned well below the $971,598 Fair Market Value by 7%. This valuation gap offers $72,598 in Instant Equity for the buyer. Featuring an upgraded kitchen, wood flooring, and a private deck, the home maintains a Condition Rating of 2. Located near Top-Rated Schools like Torrey Pines Elementary and University City High, this property is an ideal sanctuary for Owner-Occupants or first-time buyers seeking a move-in ready lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8585 Via Mallorca Unit #42 Subject | $899,000* List Price | 2 | 2 | 1,355 | $717 | - |
A 3320 Caminito Eastbluff 135 Sold | $1,150,000 | 3 | 3 | 1,458 | $789 | 0.2 mi |
B 3275 Caminito Eastbluff 203 Sold | $1,072,500 | 3 | 3 | 1,458 | $736 | 0.3 mi |
C 8988 Caminito Verano Sold | $1,135,000 | 3 | 2 | 1,410 | $805 | 0.7 mi |
D 8430 Via Sonoma 49 Sold | $1,085,000 | 2 | 3 | 1,332 | $815 | 0.2 mi |
E 8326 Via Sonoma 66 Sold | $849,000 | 2 | 2 | 1,112 | $763 | 0.4 mi |
F 3270 Via Marin 48 Sold | $755,000 | 2 | 2 | 1,112 | $679 | 0.4 mi |
G 8463 Via Mallorca 13 Pending | $799,000 List Price | 2 | 3 | 1,332 | $600 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
While the structure was built in 1986, the interior has undergone a comprehensive modern renovation consistent with the <5-year criteria. The primary bathroom features contemporary grey tiling, white shaker cabinetry, and quartz countertops. The description confirms an upgraded kitchen and wood flooring throughout, presenting the home in mint, move-in condition with no deferred maintenance.
Elementary School: Torrey Pines Elementary School (9/10). High School: University City High School (9/10).
Situated in the highly desirable Cape La Jolla complex, the property offers exceptional walkability to Trader Joe's, the trolley line, and various dining options, while remaining close to UCSD and local beaches.
As a prime end unit with high ceilings and abundant natural light, this townhome provides a more private and spacious feel than standard units, complemented by serene greenery views from the balcony.
The association fee of $750 per month is significant and may impact the overall affordability and debt-to-income ratio for potential buyers.
Built in 1986, the complex may soon require more frequent maintenance or capital improvements, which could lead to special assessments beyond the standard monthly fees.
Absolutely stunning, prime, end unit townhome in the highly desirable Cape La Jolla complex!! Features include: 1,355sqft, 2 bedrooms, 2 baths, 2 car garage, high ceilings offer abundant natural lighting throughout, gorgeous wood floors, serene living room with fireplace & access to balcony with lush greenery views. Upgraded huge kitchen with breakfast nook and separate dining room and access to deck area . Large primary bedroom with spa like retreat and walk-in closet. Full size laundry closet. Unbeatable location!! Walking distance to Trader's Joes, tons of shops, restaurants, trolley line & more! Close to UCSD, beaches, world renowned UTC shopping mall and so much more!! You do not want to miss this one!!
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 3.0 mi
Grades 9-12 • 1.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 37% |
| Baths | 2.0 | 3.0 | 24% |
| Square foot | 1,355 | 1,636 | 32% |
| Lot Size | - | 2.38 | 49% |
| Price | $899.0K | $1.30M | 17% |
| Price per sq ft | $663 | $789 | 5% |
| Built year | 1986 | 1978 | 68% |
| HOA | $750.0 | $680 | 59% |
| Days on market | 17 | 107 | 17% |
May 29, 2026
$899,000
Initial Listing
Nov 26, 2014
$525,000
Public Record
Jun 20, 2007
$540,000
Public Record
Aug 28, 2003
$456,000
Public Record
Aug 23, 2000
$328,500
Public Record