$1,625,000
●
Land -
Off Market
684 Via De La Valle
Solana Beach, CA 92075
Studio
0 Bath
$3,506,464
RealtyHop Estimate
94.91%
Since Aug 1, 2013
National-US
Primary Model
About This Property
WHITE WATER OCEAN VIEWS OF DEL MAR BEACHES AND TRANQUIL VIEWS OF
THE LAGOON. A RARE OPPORTUNITY TO BUILD YOUR DREAM HOME ON THIS
FLAT, HALF ACRE LOT. THIS HILLTOP GEM IS NESTLED IN A PRIME
SECLUDED LOCATION OVERLOOKING THE FAMED DEL MAR RACE TRACK. IT
BOASTS STUNNING OCEAN VIEWS AND IS CLOSE TO ALL THAT DEL MAR AND
SOLANA BEACH HAVE TO OFFER. UNIQUE ACCESS WITH A PRIVATE, GATED
ENTRANCE GIVES WAY TO THIS ELEVATED SITE ON A LARGE BUILDING
PAD,WITH A SOUTHWEST FACING EXPOSURE. UTILITIES IN PLACE Buyer to
verify all before close of escrow: According to the City of Solana
Beach, an approximatley 5,100 sf home can be built on the site.
Anything below 16ft. will not trigger design or view review from
the City. Anything above 16ft. will. It has not been confirmed that
the lot can be split, that should be researched by buyer with the
City of Solana Beach. Neighborhoods: Solana Beach Other Fees:
0 Sewer: Sewer Available
Unit Size
-
Days on Market
101 days
Land Size
0.50 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
2017
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Cap Rate Calculator
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Monthly Rental Income
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Operating Profit Per Year
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 #130015804)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Jul 8, 2013 | Sold | ||
| Sold | |||
| Mar 29, 2013 | Listed by Del Mar Realty Assoc.,Inc | $1,799,000 | |
| Listed by Del Mar Realty Assoc.,Inc | |||
Property Highlights
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 Solana Beach
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Listed by: John Finley, Del Mar Realty Assoc.,Inc
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130015804
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 130015804
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