Listed by: Claudette Berwin, Coldwell Banker Realty
$1,973,000
●
House -
Off Market
411 Vincente Way
La Jolla, CA 92037
3 Beds
3 Baths
1,535 Ft²
$9,762
Est. Monthly
About This Property
Welcome to this light, bright, sunny home in the desirable
neighborhood of Windansea Beach. Main house is 1,251', 2 bedrooms,
2 bathrooms highlighted by hardwood floors, updated kitchens with
marble/granite countertops/stainless appliances and cozy fireplace
in the living room. The home was thoughtfully expanded to enlarge
the primary bedroom, create a den and add the dining area. The
garage was converted to a versatile studio with bathroom and
kitchenette for guests/office/art studio. Generous front yard
can be fenced for privacy or play area. Ample parking for multiple
cars on driveway. Seller has permitted plans to build a front
porch. New roof in 2024. Close proximity to La Jolla Bike Path and
beach. La Jolla Schools. Prime redevelopment/expansion potential.
One seller holds active real estate license. Studio/garage
conversion is permitted for bathroom commode and sink. Total Square
footage includes studio square footage. Main house is 1,251'. 3rd
bedroom and bath is in studio.
Unit Size
1,535 Ft²
Days on Market
41 days
Land Size
0.11 acres
Price per sqft
$1,295
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1942
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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: 3 years ago (CRMLS #240018270SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 13, 2024 | Sold | ||
| Sold | |||
| Aug 25, 2024 | In contract | - | |
| In contract | |||
| Aug 1, 2024 | Listed by Coldwell Banker Realty | $1,988,000 | |
| Listed by Coldwell Banker Realty | |||
Property Highlights
Fireplace
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: Claudette Berwin, Coldwell Banker Realty
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240018270SD
Last Updated: 3 years ago
Data Source: CRMLS, MLS# 240018270SD
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