$4,000,000
●
House -
Off Market
1600 Ludington Ln
La Jolla, CA 92037
6 Beds
6 Baths,
1
Half Bath
5,307 Ft²
$22,096
Est. Monthly
About This Property
Welcome to 1600 Ludington Lane, an exquisite historic property with
Mills Act designation and famed architecture by Lilian Rice. This
magnificent property boasts unparalleled ocean views of La Jolla
Shores and presents a fantastic opportunity to add your own
personal touches. Step into a world of elegance as you enter this
stunning residence, where sunlight floods the open living spaces.
With 6 bedrooms and 5 bathrooms, including a primary suite boasting
sweeping ocean vistas, this home offers both space and privacy.
Natural light bathes the living areas, accentuating the meticulous
craftsmanship of this property. Enjoy breathtaking sunset views
from the expansive deck, or take a short stroll to nearby beaches
and shops with convenient pedestrian access to the Village, La
Jolla Cove and the Shores. Located in one of Southern California's
most desirable neighborhoods, 1600 Ludington Lane offers the
ultimate coastal lifestyle. Don't miss this opportunity to own a
piece of historical paradise in La Jolla.
Unit Size
5,307 Ft²
Days on Market
62 days
Land Size
0.33 acres
Price per sqft
$848
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1940
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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: 2 years ago (CRMLS #240020716SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 4, 2024 | Sold | ||
| Sold | |||
| Oct 8, 2024 | Relisted | $4,500,000 | |
| Relisted | |||
| Oct 5, 2024 | No longer available | - | |
| No longer available | |||
| Aug 31, 2024 | Listed by Compass | $4,500,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
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 Northern San Diego
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Listed by: Dane Soderberg, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240020716SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240020716SD
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