Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: PTP2504323 $659,000
2 Bedrooms with 2 Baths2610 TORREY PINES ROAD UNIT C21
LA JOLLA CA 92037MLS: PTP2504323
Status: ACTIVE
List Price: $659,000
Price per SQFT: $547
Square Footage: 12042 Bedrooms
2 Baths
Year Built: 1966
Zip Code: 92037
Listing Remarks
This is La Jollas most compelling real estate opportunity. Located just 0.9 miles from the sand at La Jolla Shores beach, this fully remodeled 2-bedroom, 2-bathroom condo presents a rare chance to secure coastal property significantly under market value. Listed at just $659,000, this unit offers an exceptional opportunity for cash buyers or fully DU-approved financing buyers to walk into over $200,000 of potential equity once HOA litigation is resolved. The property was purchased by a professional investor for $698,000 and underwent approximately $90,000 in renovations with modern finishes and design. It has never been lived in since the remodel was completed. Originally listed at $755,000, the price was adjusted to reflect the current legal status of the building, not the condition or value of the unit. The La Jolla Racquet Club complex is currently in active litigation and undergoing structural repairs. The HOA has already conducted engineering inspections and has retained McCormick Consulting to lead the repair and compliance process for SB 326. Critical repairs include garage stabilization, walkway shoring due to collapse risk, slope stabilization behind buildings C and D, and repairs to balconies, boiler rooms, stairwells, and other areas connected to the garage structure. The HOA passed an Emergency Special Assessment totaling $1,068,750, and Unit C21s share is $18,750, due by September 1, 2025. Monthly HOA dues are currently $747.86. While a timeline for full repair completion depends on contractor availability and funding, discussions from recent community board mee
Address: 2610 TORREY PINES ROAD UNIT C21 LA JOLLA CA 92037
Listing Agent: GABRIEL MENDEZ of ROA CALIFORNIA INC 619-876-2265
Community: LA JOLLA RACQUET CLUB ... Listing 3 of 5
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-06-01 BEDROOMS: 2 BATHROOMS FULL: 2 BATHROOMS HALF: 0 LIVING AREA SQ FT: 1204 BUILDING AREA TOTAL: 1204 YEAR BUILT: 1966 HOA/MGMT CO: Torrey Pines Property Man HOA FEES FREQUENCY: Monthly HOA FEES: $695 HOA AMENITIES: Pool FIREPLACE: Electric COOLING: N/K LAUNDRY FEATURES: Electric, Washer Hookup # GARAGE SPACES: 0 PROPERTY TYPE: Residential PROPERTY SUB TYPE: All Other Attached POOL FEATURES: Below Ground STORIES TOTAL: 0 VIEW: Mountains/Hills, Neighborhood, Peek-A-Boo LISTING AGENT: GABRIEL MENDEZ LISTING OFFICE: ROA CALIFORNIA INC LISTING CONTACT: 619-876-2265
Estimated Monthly Payments
List Price: $659,000 20% Down Payment: $131,800 Loan Amount: $527,200 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $3,332 Estimate does not include taxes, fees, insurance.
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Property Location: 2610 TORREY PINES ROAD UNIT C21 LA JOLLA CA 92037
This Listing
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
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Last Updated: 2025-08-01