$4,500,000
●
House -
Off Market
7344 Olivetas Ave
La Jolla, CA 92037
4 Beds
3 Baths
2,603 Ft²
$23,815
Est. Monthly
About This Property
Variance granted Detached. Located within the world famous Beach
Barber Tract, steps away from one of La Jolla's' coveted white
sandy beaches and just a few blocks walking distance to everything
the Village of La Jolla has to offer, this rare property blends
coastal charm with versatile living. Designed in a Mediterranean
style, the flexible floor plan includes 4 bedrooms and 3 bathrooms
and can be configured as a spacious single-family residence or two
separate units-ideal for extended family or guests.Tastefully
updated throughout the home features- hardwood floors,
exposed wood beams, modernized kitchens, and beautifully tiled
bathrooms. Outdoor living is a highlight, with an ocean-view
rooftop deck complete with built-in BBQ, refrigerator, and a dining
area with fire pit-perfect for enjoying stunning La Jolla sunsets.
The lower level offers two private, lushly planted patio areas,
ideal for entertaining or relaxing in the ocean breeze. Additional
features include a highly sought-after 3-car garage and mature
landscaping that enhances both privacy and charm.
Unit Size
2,603 Ft²
Days on Market
117 days
Land Size
0.12 acres
Price per sqft
$1,863
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1990
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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 (SDMLS #250028505SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 17, 2025 | Sold | ||
| Sold | |||
| Aug 31, 2025 | In contract | - | |
| In contract | |||
| Jul 16, 2025 | Price Decreased |
$4,850,000
↓ $650K
(11.8%) | |
| Price Decreased | |||
| May 24, 2025 | Listed by Compass | $5,500,000 | |
| Listed by Compass | |||
Property Highlights
Garage
Air Conditioning
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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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 Northern San Diego
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Listed by: Missy McNally, Compass
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250028505SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 250028505SD
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