$2,495,000
●
House -
Off Market
2488 Hidden Valley Road
La Jolla, CA 92037
5 Beds
4 Baths
3,566 Ft²
$5,040,349
RealtyHop Estimate
102.02%
Since Jan 1, 2015
CA-San Diego
Primary Model
About This Property
Land, location and views. This spectacular one acre , elevated
ocean view property offers a single level ranch style home with 4
bedrooms and 4 baths, office/artist studio, vaulted redwood beamed
ceilings in both the living room and dining room. There are 2 wood
burning fireplaces and a sunny south facing backyard. The winding
driveway leads up to a private, gated home with spacious grounds.
Ocean and big sunset views are captured over the La Jolla Beach and
Tennis Club. A location in La Jolla's Hidden... Valley
neighborhood provides convenient freeway access, as well as close
proximity to the San Diego International Airport, downtown
theaters, restaurants, the beach and local universities. A great
opportunity to renovate this charming ranch style home, re-design
the inviting gardens and there is plenty of room to add a pool or
spectacular water feature. This happy family home has been enjoyed
by one family over the past 37 years....will you be the next
fortunate owner?. Neighborhoods: La Jolla Shores Equipment:
Garage Door Opener Other Fees: 0 Sewer: Sewer Connected
Topography: LL,SSLP
Unit Size
3,566 Ft²
Days on Market
82 days
Land Size
-
Price per sqft
$700
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #140053605)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 4, 2018 | Sold | ||
| Sold | |||
| Oct 2, 2017 | Listed by Willis Allen Real Estate | $2,950,000 | |
| Listed by Willis Allen Real Estate | |||
 | |||
|
One Acre View site close to La Jolla Shores.This is an amazing opportunity to either live in this charming ranch style home or build your dream home with approved plans. The existing home is single level 4 BR/4BA, vaulted beam ceilings, 2 wood burning fireplaces with a huge south facing backyard. Unique Building opportunity, this site is ready to have a beautiful new home with a full set of approved plans for a 5276 +sqft new home designed by Tim Martin. Coastal permit has been granted, recorded and paid. Both building and grading permits have been approved for this site. Plans available for review, this saves 2 years in planning for someone who desires to build their dream home in a private location with ocean views. This property in La Jolla’s Hidden Valley neighborhood provides convenient highway access, as well as close proximity to the San Diego International airport, local restaurants and local universities. Sunsets over La Jolla Beach and Tennis Club this property has endless opportunities!. Neighborhoods: La Jolla Shores Other Fees: 0 Sewer: Sewer Connected Topography: LL,GSL
| |||
| Dec 22, 2014 | Sold | ||
| Sold | |||
| Oct 1, 2014 | Listed by Willis Allen Real Estate | $2,495,000 | |
| Listed by Willis Allen Real Estate | |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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ft²
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Sold On
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HOA + Taxes
About Northern San Diego
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Listed by: Scott Appleby, Willis Allen Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140053605
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 140053605
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