$1,850,000
●
House -
Off Market
5616 Abalone Place
La Jolla, CA 92037
2 Beds
1 Bath,
1
Half Bath
1,414 Ft²
$3,604,408
RealtyHop Estimate
80.67%
Since Nov 1, 2016
CA-San Diego
Primary Model
About This Property
Mid-Century Beach house with SPECTACULAR WHITE WATER AND OCEAN
VIEWS. Live in this classic Gem or build your dream home. This
property has an approved Coastal Development Permit and design
plans to build a 2775sf 4 BR, 3.5 BA contemporary with pool. Wake
up to see surfers riding the waves and enjoy exquisite sunsets year
round . This property features ideal elevation and dual access from
the ocean front street of Dolphin Pl. and Abalone Pl. Walk to Bird
Rock coffee shops, restaurants and live the dream. Neighborhoods:
Bird Rock Equipment: Dryer,Garage Door Opener, Range/Oven,
Shed(s), Washer Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
1,414 Ft²
Days on Market
163 days
Land Size
0.11 acres
Price per sqft
$1,411
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1952
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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 #160028345)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 11, 2016 | Sold | ||
| Sold | |||
| May 1, 2016 | Listed by Canter Brokerage | $1,995,000 | |
| Listed by Canter Brokerage | |||
| Jun 30, 2014 | Sold | ||
| Sold | |||
| Apr 23, 2014 | Listed by Compass | $1,495,000 | |
| Listed by Compass | |||
| | |||
|
Sweeping views of the Pacific in the destination Bird Rock neighborhood. This home features ideal elevation and dual access from the oceanfront street of Dolphin Pl. and Abalone Pl. Mid century architecture in the midst of the chic village; complete with destination schools, local coffee roasters, dining and shopping. Neighborhoods: Bird Rock Other Fees: 0 Sewer: Sewer Connected Topography: LL,SSLP
| |||
Property Highlights
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Marc Lipschitz, Canter Brokerage
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160028345
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 160028345
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