$2,650,000
●
House -
Off Market
173 Ocean View Ave
Del Mar, CA 92014
3 Beds
2 Baths,
1
Half Bath
1,224 Ft²
$14,726
Est. Monthly
About This Property
A gem of a property. Darling ranch home on one of Olde Del
Mar's scenic streets on large 12,800SF lot. Very private &
quiet, elevated gently sloping lot close to the coast. Ocean
views, fireplace, hardwood floors, 2 car garage and large yard.
Build your dream home, incredible upside potential.
Enjoy stunning sunsets! Great Del Mar schools and close
to beach, village, fwy, bio-tech, UCSD.
Unit Size
1,224 Ft²
Days on Market
77 days
Land Size
0.29 acres
Price per sqft
$2,450
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: 2 years ago (CRMLS #NDP2500712)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 9, 2025 | Sold | ||
| Sold | |||
| Feb 9, 2025 | Listed by Berkshire Hathaway HomeService | $2,999,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Jun 16, 2024 | No longer available | - | |
| No longer available | |||
| Mar 31, 2024 | Price Decreased |
$3,399,000
↓ $401K
(10.6%) | |
| Price Decreased | |||
| Mar 14, 2024 | Listed by Burke Real Estate Consultants | $3,800,000 | |
| Listed by Burke Real Estate Consultants | |||
| | |||
|
First time on the market since it was built over 70 years ago! Olde Del Mar Charmer! This delightful bungalow sits like the king of the hill on an over-sized (over 12,000 square foot) lot in Olde Del Mar! Nestled in the cool pine trees, there are sweeping views all around! If privacy is what you are looking for, then, look no further; it just doesn't get any cuter! Like to snuggle by a cozy fireplace? Bingo! Cold winter extravaganza! Hardwood floors throughout (OK, little patches of carpet around)! This quaint cottage was built around the mid-1950's, and still retains many of those designer features! A one of a kind gem in the making! You have found your little pocket of gold at the end of the rainbow! Lots of cute little nooks and crannies abound! Refrigerator and gas stove included! Other features include outside shed for your own full size washer and dryer! There is even an abundantly spacious two car garage with a newer door and an automatic opener! The manager has listed the unit size as 1224 square feet.
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Baths
ft²
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About Del Mar
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Listed by: Kerry Shine, Berkshire Hathaway HomeService
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2500712
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2500712
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