$7,500,000
●
House -
Off Market
1700 Torrey Pines
La Jolla, CA 92037
4 Beds
4 Baths,
1
Half Bath
5,428 Ft²
$12,579,246
RealtyHop Estimate
39.92%
Since Nov 1, 2020
CA-San Diego
Primary Model
About This Property
The "Crown Jewel of La Jolla" is a mid-century Spanish style
oceanfront estate. This historical landmark by Architect, John
Lloyd Wright has a designated Mills Act. Breathtaking 180 degree
whitewater ocean views from almost every room with walls of glass
on .64 acres with a pool and guest house. Live the dream in a
gorgeous tropical paradise. [Supplement]: Built in 1947 by John
Godwin and Architect, John Lloyd Wright, son of the famous Frank
Lloyd Wright was known as the "Greatest Architect of the 20th
Century." This home has a designated Mills Act Landmark #432, that
makes this the ultimate tax treasure. Trademark "Wright"
architectural detailing with horizontal lines and cantilever
construction. There are 3 bedrooms in the main house and the top
floor bedroom has no closet but a closet toilet room. Guest house
has an enormous bedroom which can be used as a gym/sports court or
office. Surrounded by exotic landscaping, this property is
reminiscent of Big Sur, South of France and the Amalfi Coast!
Unit Size
5,428 Ft²
Days on Market
148 days
Land Size
-
Price per sqft
$1,656
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1955
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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: 13 months ago (SDMLS #200021443)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 7, 2020 | Sold | ||
| Sold | |||
| May 12, 2020 | Listed by Compass | $8,990,000 | |
| Listed by Compass | |||
Property Highlights
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: Elaine Gallagher, Compass
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 200021443
Last Updated: 13 months ago
Data Source: CRMLS, MLS# 200021443
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