371 La Mesa Ave.
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 5, 2026 | Sold | ||
| Sold | |||
| Feb 4, 2026 | In contract | - | |
| In contract | |||
| Nov 11, 2025 | Listed by Compass | $4,100,000 | |
| Listed by Compass | |||
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Step into this Coastal Chic custom home just a block from iconic Stone Steps Beach. The striking black and white exterior delivers instant curb appeal with a light draped outdoor living area with fireplace that leaves an unforgettable first impression from the moment you arrive. Inside, impeccable design meets warmth. Luxury finishes including wide plank Royal Oak Designer Line floors, Perla Vanata & Taj Majal Quartzite and exquisite handcrafted Zellige Tile introduce artisanal character, layering organic texture and quiet sophistication throughout. Designed with seamless indoor-outdoor living in mind and maximizing use of every space. The open floor plan flows through stunning folding doors, inviting you to bask in coastal breezes and sunlit spaces. A water purification system and fully owned solar panels elevate the home's appeal. The result is a home that feels concurrently modern and timeless - proof that beach living can be highly refined yet effortlessly inviting. A perfect balance of relaxed coastal ease and elevated designer driven style. Situated in the heart of coastal Encinitas, this home offers unparalleled access to the best of the area. Take a morning stroll to Stone Steps, Moonlight, or Beacon’s Beach, then explore the vibrant energy of Leucadia and downtown Encinitas with its eclectic mix of restaurants, boutique shops, and curated coffee spots. Whether you’re hosting a BBQ or heading out for a night on the town, this property embodies the ultimate Encinitas lifestyle. Your dream of luxurious coastal living starts here . Surf Shack and Beach Lifestyle included!
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| Jun 25, 2018 | Sold | ||
| Sold | |||
| Apr 18, 2018 | Listed by Shoreline Properties | $2,145,000 | |
| Listed by Shoreline Properties | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017