$3,600,000
●
House -
Off Market
1330 Crest Rd
Del Mar, CA 92014
3 Beds
2 Baths
2,622 Ft²
$19,641
Est. Monthly
About This Property
Located in enchanting Olde Del Mar, this charming coastal property
offers a quintessential Southern California lifestyle. Cherished by
one family for over 60 years, it is now ready for its next chapter.
The residence sits on an expansive 15,700 sq ft lot with stunning
ocean views, a mature avocado tree, and ample space for a pool.
Inside, the home boasts open-beamed ceilings and a distinctive
spiral staircase that leads to a unique viewing tower. The curved
driveway leads to a spacious, detached 2-car garage. The
single-level layout includes 3 bedrooms, 2 bathrooms, and a
versatile bonus game room. Enjoy the convenience of being just
minutes away from beautiful beaches, top-rated schools, shopping,
dining, and the famous Del Mar Racetrack. Don't miss this rare
opportunity to transform 1330 Crest into your own coastal paradise.
Unit Size
2,622 Ft²
Days on Market
58 days
Land Size
-
Price per sqft
$1,526
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1956
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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: 3 years ago (CRMLS #240017885SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 27, 2024 | Sold | ||
| Sold | |||
| Sep 18, 2024 | In contract | - | |
| In contract | |||
| Sep 5, 2024 | Price Decreased |
$4,000,000
↓ $500K
(11.1%) | |
| Price Decreased | |||
| Aug 26, 2024 | Price Decreased |
$4,500,000
↓ $450K
(9.1%) | |
| Price Decreased | |||
| Jul 31, 2024 | Listed by Beverly and Company, Inc. | $4,950,000 | |
| Listed by Beverly and Company, Inc. | |||
Property Highlights
Fireplace
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
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Listed by: Nicholas Hendricks, Beverly and Company, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240017885SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240017885SD
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