Listed by: Jeffrey Walker, Agents of Architecture, Inc.
$3,100,000
●
House -
Off Market
1563 Calle Candela
La Jolla, CA 92037
5 Beds
3 Baths,
1
Half Bath
3,118 Ft²
$15,708
Est. Monthly
About This Property
Perched on a prime hillside lot in the sought-after neighborhood of
La Jolla Alta South. Incredible panoramic views from the Pacific
Ocean to Mission Bay to Downtown. Reimagined by architect Robert
Flock who increased ceiling height, brought in natural light with
strategically placed windows throughout and added an artistic
aesthetic not seen in any other home throughout the community. This
attention to good design earned the property the San Diego Home &
Garden's 'Home of the Year' award in 2003. Additional features
include a pool & jacuzzi with motorized cover, new waterproof
decking, a 6kW solar system to power both the home and pool heating
system, an entertaining backyard, hardwood flooring throughout,
vaulted ceilings, motorized window blinds, as well as customized
lighting and wood wall & ceiling accents personally designed and
curated by Flock for the current owners. An amazing opportunity to
acquire a unique piece of architecture with thoughtful interior
design and some of the best views La Jolla has to offer.
Unit Size
3,118 Ft²
Days on Market
82 days
Land Size
0.25 acres
Price per sqft
$1,026
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #240013452SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 11, 2024 | In contract | - | |
| In contract | |||
| Jun 12, 2024 | Listed by Agents of Architecture, Inc. | $3,199,000 | |
| Listed by Agents of Architecture, Inc. | |||
Property Highlights
Garage
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
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ft²
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Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Jeffrey Walker, Agents of Architecture, Inc.
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240013452SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240013452SD
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