$3,015,000
●
House -
Off Market
6585 Draper Ave
La Jolla, CA 92037
5 Beds
4 Baths,
1
Half Bath
4,149 Ft²
$5,667,299
RealtyHop Estimate
64.27%
Since Dec 1, 2018
CA-San Diego
Primary Model
About This Property
Welcome to a distinguished and unique custom home, location, and
view where privacy, seclusion, and tranquility abound on 2 parcels
totaling just under .7 acre! Located above the bike path,
with private entrance under the bridge, this 5 BR 4.5 BA home with
significant ocean view was built by Louis Beacham in the
Southwest/Santa Fe style. The floor plan is spacious and open, with
3 BR's on the main level and 2, including MBR, upstairs.
Enjoy alfresco living with balconies and patios off all BR's
except one. Among many beautiful details are latilla and viga
ceilings, kiva fireplaces, rustic cabinetry, a spa and outside
shower. Private parking is available for 9+ cars, 2 in
garage, which is easily expandable to a 4-car garage. There
is an extra storage/workshop room attached to the garage. *2
parcels are 351-620-02-00 (27,442 SF) and 351-020-01-00 (8520 SF)
for a total of 35,962 SF.. Neighborhoods: Beach Barber
Equipment: Dryer,Garage Door Opener, Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL,GSL
Unit Size
4,149 Ft²
Days on Market
172 days
Land Size
0.82 acres
Price per sqft
$832
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1989
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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 #180031578)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Nov 30, 2018 | Sold | ||
| Sold | |||
| Oct 6, 2018 | No longer available | - | |
| No longer available | |||
| Sep 22, 2018 | Relisted | $3,450,000 | |
| Relisted | |||
| Sep 13, 2018 | No longer available | - | |
| No longer available | |||
| Aug 22, 2018 | Listed | $3,450,000 | |
| Listed | |||
| | |||
|
The manager has listed the unit size as 4149 square feet.
| |||
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Property Highlights
Fireplace
With View
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
Status
Type
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Baths
ft²
Price/ft²
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Sold On
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HOA + Taxes
About Northern San Diego
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Listed by: Pam Reed, Willis Allen Real Estate
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180031578
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 180031578
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