$9,500,000
●
House -
Off Market
1834 Spindrift Drive
La Jolla, CA 92037
5 Beds
4 Baths,
1
Half Bath
3,589 Ft²
$21,041,178
RealtyHop Estimate
82.97%
Since Jun 1, 2016
CA-San Diego
Primary Model
About This Property
Incredible opportunity to purchase a half acre + direct oceanfront
property with unparalleled coastal views. Perfectly private beyond
courtyard walls, this three bedroom home has two casitas each with
a bedroom, sitting room and bath. The outdoor spaces include a pool
area and sprawling grassy lawns leading to a bluff side overlooking
the ocean and tide pools below. Once renovated, this La Jolla
Shores home will be the talk of the town. An easy walk to a
sandy beach and LJ Shores shops and restaurants. Neighborhoods: La
Jolla Shores Architectural Style: Monterey/Hacienda/Adobe
View: Monterey/Hacienda/Adobe Other Fees: 0 Sewer:
Sewer Connected Topography: ,LL,
Unit Size
3,589 Ft²
Days on Market
112 days
Land Size
0.57 acres
Price per sqft
$3,204
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1930
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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: 4 months ago (SDMLS #160005410)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| May 23, 2016 | Sold | ||
| Sold | |||
| Feb 1, 2016 | Listed by Berkshire Hathaway HomeService | $11,500,000 | |
| Listed by Berkshire Hathaway HomeService | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
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Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Eric Chodorow, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160005410
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160005410
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