$4,300,000
●
House -
Off Market
2962 Ocean Front Walk
San Diego, CA 92109
5 Beds
4 Baths
3,301 Ft²
$7,716,834
RealtyHop Estimate
43.57%
Since Sep 1, 2020
CA-San Diego
Primary Model
About This Property
Enjoy ocean and sunset views from this 5 bedroom, 4 bath property
located in the highly sought after South Mission Beach. Full
of natural light, this beach gem is complete with 2 kitchens and 2
separate entrances that can be configured as 2 units (3 bed/2 bath
& 2 bed/2 bath). Your dream home awaits with a spacious
master suite which boasts high wood ceilings, custom fireplace,
lounge area, office and private ocean view deck. The 2 car
garage and 2 extra guest parking spaces are exactly what you need.
Large ocean front ground floor patio leads you to the sand.
Live in one/rent out the other or delight your guests to
their private space.. Neighborhoods: South Mission Beach
Other Fees: 0 Sewer: Public Sewer Topography: LL
Unit Size
3,301 Ft²
Days on Market
78 days
Land Size
0.06 acres
Price per sqft
$1,628
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1975
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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: 5 months ago (SDMLS #200027029)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 28, 2020 | Sold | ||
| Sold | |||
| Jun 8, 2020 | Listed by Pacific Sotheby's Int'l Realty | $5,375,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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ft²
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HOA + Taxes
About Northern San Diego
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Listed by: Valerie Zatt, Pacific Sotheby's Int'l Realty
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200027029
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 200027029
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