$3,420,000
●
House -
Off Market
6018 Folsom Drive
La Jolla, CA 92037
3 Beds
3 Baths,
1
Half Bath
2,166 Ft²
$17,162
Est. Monthly
About This Property
A charming Upper Hermosa modern ranch-style home with panoramic
treetop and horizon ocean views! Perched high above the
neighborhood on a serene street, the storybook home greets you with
a grassy front yard, winding brick path and timeless facade. Upon
entry, you'll be astounded by the mesmerizing views through the
huge picture windows. A classic layout with 3 bedrooms / 3 1/2
bathrooms and a versatile bonus office on the entry level making it
live like a single story, but with a storage area below that opens
directly to the sun-drenched backyard. The opportunity lies in the
move-in condition of the home and the upside potential to expand!
This home is equally well suited for immediate enjoyment or a
future remodel to unlock its full potential. Don't miss this
opportunity to live in one of La Jolla's most coveted
neighborhoods!
Unit Size
2,166 Ft²
Days on Market
40 days
Land Size
0.17 acres
Price per sqft
$1,614
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: 2 years ago (SDMLS #NDP2504378)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 12, 2025 | Sold | ||
| Sold | |||
| May 21, 2025 | In contract | - | |
| In contract | |||
| Mar 22, 2025 | Listed by Willis Allen Real Estate | $3,495,000 | |
| Listed by Willis Allen Real Estate | |||
Property Highlights
Garage
Air Conditioning
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: Drew Nelson, Willis Allen Real Estate
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2504378
Last Updated: 2 years ago
Data Source: CRMLS, MLS# NDP2504378
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