Listed by: Maxine Gellens, Berkshire Hathaway HomeServices California Properties
$2,550,000
●
House -
Off Market
624 8th St
Del Mar, CA 92014
3 Beds
2 Baths
1,577 Ft²
$12,521
Est. Monthly
About This Property
In the heart of Olde Del Mar, this single-level coastal cottage
exudes classic charm and offers an exceptional opportunity in a
highly sought-after neighborhood. Set back from the street, this
3-bedroom, 2-bath home boasts an airy, open floor plan with high
ceilings, filling the interior with natural light and an inviting
sense of comfort. Privacy abounds in the large, flat backyard
surrounded by mature landscaping and a charming brick patio-perfect
for outdoor dining or unwinding in your own tranquil retreat. Its
remarkable proximity to the Village adds to its allure. Just a
stone's throw away, one can indulge in a wide array of local
boutiques and eateries, beautiful beaches, and charming cafes. This
property provides the perfect canvas for creating your dream home
in one of Southern California's premier seaside destinations.
Unit Size
1,577 Ft²
Days on Market
35 days
Land Size
0.16 acres
Price per sqft
$1,617
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1960
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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 (CRMLS #250020138SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 3, 2025 | Sold | ||
| Sold | |||
| Feb 28, 2025 | Listed by Berkshire Hathaway HomeServices California Properties | $2,550,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Garage
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 Del Mar
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Listed by: Maxine Gellens, Berkshire Hathaway HomeServices California Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250020138SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250020138SD
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