7135 Olivetas Avenue
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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%.
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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.
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 25, 2025 | Sold | ||
| Sold | |||
| Jan 28, 2025 | In contract | - | |
| In contract | |||
| Nov 14, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $4,498,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
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A harmonious blend of classic charm and modern elegance awaits in this beautifully reimagined 1932 Tudor-style home, ideally located west of La Jolla Blvd in the coveted Beach-Barber Tract. With its timeless facade and meticulously remodeled interior, this residence exudes sophistication and warmth. Bathed in natural light, the floor plan highlights open living areas and stunning warm oak hardwood floors throughout. Featuring 4 bedrooms – including an en suite conveniently situated on the entry level - 3 baths, plus an ocean-view office/library that could be an optional 5th bedroom, the layout adapts to all your needs. The contemporary chef’s kitchen, designed for pristine living, boasts an expansive Vipp modular island and sleek custom cabinetry, balancing form and function. A flawless indoor-outdoor environment unfolds with accordion doors opening to a private backyard retreat, with its a serene water feature, grassy areas bordered by manicured landscaping, and a stylish patio—perfect for al fresco dining, entertaining, or quiet relaxation. A spiral staircase leads to a rooftop deck, offering ocean views, refreshing breezes and breathtaking sunsets. Renovated to preserve its historic integrity, this home has Mills Act potential, making it an excellent candidate for historic designation. Affording incredible proximity to Marine Street and Windansea beaches, along with the many attractions of The Village and Bird Rock, this masterfully updated property is filled with character and endless appeal. Don’t miss the opportunity to indulge in La Jolla’s idyllic seaside lifestyle.
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| Nov 30, 2016 | Sold | ||
| Sold | |||
| Jun 17, 2016 | Listed by Willis Allen Real Estate | $2,195,000 | |
| Listed by Willis Allen Real Estate | |||
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017