$8,000,000
●
House -
Off Market
113 9th Street
Del Mar, CA 92014
3 Beds
2 Baths
1,197 Ft²
$13,106,072
RealtyHop Estimate
45.70%
Since Feb 1, 2020
National-US
Primary Model
About This Property
Behold this rare opportunity to build your dream residence located
in one of the most-after locations in all of San Diego County.
This incredible oceanfront property offers stunning 180
degree coastline views from La Jolla to Orange County. Walking
distance to all that Olde Del Mar has to offer with wonderful
restaurants, shopping, parks and entertainment. Two separate lots
with the potential to build one to four homes with city approval.
This is a once in a lifetime opportunity not to be missed!
Neighborhoods: Olde Del Mar Other Fees: 0 Sewer: Sewer
Connected Topography: LL
Unit Size
1,197 Ft²
Days on Market
106 days
Land Size
-
Price per sqft
$7,515
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 #190056669)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jan 29, 2020 | Sold | ||
| Sold | |||
| Oct 15, 2019 | Listed by Berkshire Hathaway HomeService | $8,995,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Apr 3, 2019 | No longer available | - | |
| No longer available | |||
| Jan 4, 2019 | Listed | $10,995,000 | |
| Listed | |||
| | |||
|
www.9thStreetDelMar.com The manager has listed the unit size as 1197 square feet.
| |||
| Nov 19, 2018 | No longer available | - | |
| No longer available | |||
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Del Mar
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Kevin Hall, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190056669
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190056669
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