$2,150,000
●
House -
Off Market
1034 Encino Row
Coronado, CA 92118
6 Beds
2 Baths,
2
Half Baths
2,542 Ft²
$4,017,905
RealtyHop Estimate
67.76%
Since Oct 1, 2017
CA-San Diego
Primary Model
About This Property
One of the most coveted locations on the island! 1034 Encino offers
a multitude of amazing opportunities for the buyer who wants to be
at the center of it all. Just 1 block to the beach, this 7,200sf
lot is ripe for new development and offers ample privacy at 180' deep. Plan on building up? You will be rewarded with views of the
Pacific Ocean! Or if you prefer a more casual set up, keep the
current 3BR / 1.5BA front house which generates $4,000/mo in rent
while you call the back space your surf shack! Neighborhoods:
Coronado Village Equipment: Dryer, Washer Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
2,542 Ft²
Days on Market
79 days
Land Size
-
Price per sqft
$942
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1923
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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 #170033628)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 23, 2018 | No longer available | - | |
| No longer available | |||
| Jun 12, 2018 | Sold | ||
| Sold | |||
| May 9, 2018 | Listed | $2,395,000 | |
| Listed | |||
| | |||
|
For more information or to setup a private showing please call/text Christine Baker (858) 449-3200 or Zach Todaro (619) 302-9239 of Willis Allen Real Estate. The manager has listed the unit size as 2542 square feet.
| |||
| Feb 18, 2018 | Listed by Willis Allen Real Estate | $2,395,000 | |
| Listed by Willis Allen Real Estate | |||
| | |||
|
A perfect opportunity to design your dream home or restore this Spanish revival to it's original charm. Nestled on one of Coronado's most picturesque streets. One block to the ocean, 3 blocks to the Village shops & restaurants and 6 blocks to the famous Hotel del Coronado. Imagine the many possibilities from a sprawling single level home, or build up to take advantage of potential views of Point Loma. Property has been deemed non-historic by Coronado Historic Resource Commission. Value is in the land. Tax record reflects parcel to be 6,966 square feet. Assessor map indicates parcel is 40.47 ft x 180.47 ft or approximately 7,303 square feet. Recommended that buyer consult a surveyor to determine exact lot size as calculation is complex due to sweeping radius of Encino Row. Pricing reflects recent determination of non historic status. Previous sale price was finalized prior to historic determination. Lot and current zoning could allow for approximately 3,500 square feet above grade with Accessory Dwelling Unit (ADU) up to 800 sf or up to 6,000 square feet below grade per current zoning. Buyers advised to consult a design professional for information regarding zoning and permitted construction.. Neighborhoods: Coronado Equipment: Dryer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Sep 14, 2017 | Sold | ||
| Sold | |||
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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About Coronado
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Listed by: James Nelson, Ascent Real Estate, Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170033628
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 170033628
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