$4,450,000
●
House -
Off Market
214 Avenida Cortez
La Jolla, CA 92037
6 Beds
7 Baths,
1
Half Bath
6,285 Ft²
$3,706,883
RealtyHop Estimate
85.44%
Since Apr 1, 2016
CA-San Diego
Primary Model
About This Property
LIVE ONSITE AUCTION! Bidding to start $1,999,000. Mar-5th 12Noon.
Own it now. Opportunity knocks for this one of a kind cape cod
inspired dream home. This turnkey home has over 6,000 square feet
of living space. 2 blocks to ocean. Fabulous living, dining &
office. Grand room, chefs kitchen and seamless indoor/outdoor
living via separating door systems. Maple wood floors, Pennsylvania
bluestone marble TRAD FINANC, NORMAL ESCROW PROCESS. NO BUYER
PREMIUM. Neighborhoods: Lower Hermosa Equipment: Garage Door
Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
6,285 Ft²
Days on Market
49 days
Land Size
0.20 acres
Price per sqft
$318
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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Cap Rate Calculator
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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 #160002995)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 7, 2016 | Sold | ||
| Sold | |||
| Jan 18, 2016 | Listed by Harcourts Prestige Properties | $1,999,000 | |
| Listed by Harcourts Prestige Properties | |||
| Nov 10, 2014 | Sold | ||
| Sold | |||
| May 4, 2014 | Listed by Willis Allen Real Estate | $3,650,000 | |
| Listed by Willis Allen Real Estate | |||
| | |||
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Rare 7BR/7.5BA with numerous extra rooms in Lower Hermosa. This traditional style home was redone in the 80's by famed architect Don Edson. It has two separate attached guest suites with separate entrances, perfect for combined family quarters, three kitchenettes and main kitchen, all bedrooms are ensuite with huge closet in the Master Bedroom. Features include new carpet, vaulted ceilings, stained glass window, and "secret" MBR closet. Bring updating ideas and make this your dream home. Neighborhoods: Lower Hermosa Equipment: Garage Door Opener,Pool/Spa/Equipment, Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: LL
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Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Northern San Diego
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Listed by: Justin Brennan, Harcourts Prestige Properties
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160002995
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160002995
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