$825,000
●
House -
Off Market
540 Palomar
La Jolla, CA 92037
2 Beds
1 Bath
759 Ft²
$1,674,542
RealtyHop Estimate
94.94%
Since Jun 1, 2015
CA-San Diego
Primary Model
About This Property
Beach Cottage in La Jolla in the most amazing location. Walk to
beautiful Windansea Beach in the morning or at the sunset or
anytime you like! Fish for Halibut, grab lobsters with your own
hands, discover tidepools.Walk to the best local restaurants and
Enjoy the Epicurean lifestyle. If you like to surf this area has
some of the best waves in all of California. Dont miss this
opportunity to own your own home here. Neighborhoods: Windansea/La
Jolla Gables Architectural Style: Craftsman/Bungalow View:
Craftsman/Bungalow Equipment: Dryer, Range/Oven, Washer
Other Fees: 0 Sewer: Sewer Connected Topography: LL
Unit Size
759 Ft²
Days on Market
35 days
Land Size
-
Price per sqft
$1,132
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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Cap Rate Calculator
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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 #150019406)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2020 | Sold | ||
| Sold | |||
| Dec 7, 2019 | Listed by Big Block Realty, Inc. | $929,900 | |
| Listed by Big Block Realty, Inc. | |||
 | |||
|
Don’t miss a rare opportunity to own in the desirable Beach Barber Tract in La Jolla. From this charming home, you are steps from Windansea, amazing local shops, restaurants, The Village, and some of the best surfing in California. This charming beach cottage includes original hardwood floors, spacious bedrooms, laundry room, and a fully owned solar system (no electric bills!). The large front yard includes a lush lawn & Moreton Bay Fig tree. The sale includes plans for a 2,180 sqft, 4 bedroom home. Neighborhoods: La Jolla Equipment: Dryer, Range/Oven, Washer Other Fees: 0 Sewer: Sewer Connected Topography: LL
| |||
| Aug 30, 2019 | No longer available | - | |
| No longer available | |||
| Jul 23, 2019 | Price Decreased |
$975,000
↓ $24K
(2.4%) | |
| Price Decreased | |||
| Jun 27, 2019 | Price Decreased |
$999,000
↓ $1K
(0.1%) | |
| Price Decreased | |||
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Property Highlights
Parking Available
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
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Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Ozstar DeJourday, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150019406
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150019406
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