$1,140,000
●
House -
Off Market
655 Gravilla Pl
La Jolla, CA 92037
3 Beds
2 Baths
1,235 Ft²
$1,627,873
RealtyHop Estimate
48.66%
Since Jul 1, 2020
CA-San Diego
Primary Model
About This Property
Price range $995,000 to $1,095,000. Detached single level beach
cottage at end of col de sac and across from the park. Enjoy ocean
breezes and tranquil settings from this light and bright home
offering 2bdrm plus den/2 bath, original hardwood floors, charming
curb appeal and ideal location for an easy stroll to world renowned
WindnSea Beach, The Village, and La Jolla schools. Take advantage
of many possibilities to expand and capture ocean views or just
keep as is. First time on market in 45 years. First time on
market in 45 years makes this a rare opportunity to own in coveted
Beach-Barber Tract area. Property was appraised in Sept 2019 for
$1,125,000. Assessor's record shows square footage 1,235 but
appraisal report shows 1,105. Property is a 2 on a lot (split lot)
and ownership is Condominium. Buyer to verify all info prior to
opening escrow. Owner passed away in the property of natural causes
at age 93 surrounded by family under hospice care..
Neighborhoods: Beach-Barber Tract Equipment:
Dryer,Garage Door Opener, Range/Oven, Washer Other Fees: 0
Sewer: Sewer Connected Topography: LL
Unit Size
1,235 Ft²
Days on Market
31 days
Land Size
-
Price per sqft
$887
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: 4 months ago (SDMLS #200023834)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jun 26, 2020 | Sold | ||
| Sold | |||
| May 25, 2020 | Listed by Compass | $1,095,000 | |
| Listed by Compass | |||
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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Status
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Type
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ft²
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HOA + Taxes
About Northern San Diego
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Listed by: Meg Lebastchi, Compass
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200023834
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 200023834
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