3761 La Cresta Dr
About This Property
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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%.
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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.
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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 |
|---|---|---|---|
| Jan 30, 2026 | Sold | ||
| Sold | |||
| Oct 11, 2025 | In contract | - | |
| In contract | |||
| Aug 13, 2025 | Listed by Swell Property | $2,149,000 | |
| Listed by Swell Property | |||
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Built in 1929 and beautifully renewed, this Mills Act–designated Spanish Revival home blends historic charm with modern refinement. Set on a generous 7,710 sq ft lot along one of Point Loma’s most admired streets, the residence offers 3 bedrooms, 2.5 baths, and 2,116 sq ft of character-filled living space. Inside, original details such as wood floors and arched openings are balanced by thoughtful updates including a reimagined kitchen, Venetian plaster fireplace, and a spa-like bath with soaking tub. The front picture window frames treetop views while multiple gathering spaces—indoors and out—make the home ideal for both entertaining and quiet retreat. The upstairs primary bedroom includes a sunroom, the perfect spot for morning coffee or curling up with a book. A bedroom on the entry level provides flexibility for guests or multigenerational living. Over the detached garage, a spacious deck offers another place to gather—perfect for soaking in stunning evening skies and connecting with neighbors. Out back, the garden feels like a private sanctuary, complete with a variety of trees, vibrant flowers, DG path, a fountain, and designated spaces for play, dining, and relaxation. With the benefit of Mills Act tax savings, this home offers not only enduring style but also practical advantages. Get the best of both worlds—1920s soul with a tune-up for modern living—at this truly special and unique Point Loma property.
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| May 2, 2018 | Sold | ||
| Sold | |||
| Mar 16, 2018 | Listed by Ascent Real Estate, Inc. | $1,299,000 | |
| Listed by Ascent Real Estate, Inc. | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017