$2,915,000
●
House -
Off Market
7405 Hillside Drive
La Jolla, CA 92037
3 Beds
3 Baths,
1
Half Bath
2,062 Ft²
$5,164,213
RealtyHop Estimate
56.49%
Since Jan 1, 2020
CA-San Diego
Primary Model
About This Property
Floor-to-ceiling walls of glass capture the tantalizing ocean and
north shore views along with a big swatch of sky... a magnificent,
sweeping panorama. Welcome to a modernist's dream, a home that
exudes vitality. Designed by Henry Hester, premier modernist
architect, it has undergone an inspired renovation. The open plan
enables easy movement, while the use of glass is brilliant, and
colors, textures and materials make for a fantastic aesthetic and
energy. Breathtaking panoramic ocean, night-light, and
coastal views are the backdrop to this beautiful home. The
extensive renovation celebrates Hester's design genius while adding
touches for today's living. The owner and his team, Tim Martin,
architect, and Louis Beecham, builder, executed a dream vision to
perfection. The fantastic great room opens onto the charming
courtyard with built-in BBQ, and to one of three balconies. The
house is airy and free-flowing. It feels large. Why not live in a
house that you love?. Neighborhoods: Hillside Equipment:
Range/Oven Other Fees: 0 Sewer: Sewer Connected
Topography: SSLP
Unit Size
2,062 Ft²
Days on Market
153 days
Land Size
0.30 acres
Price per sqft
$1,600
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1973
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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 #190038462)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 12, 2019 | Sold | ||
| Sold | |||
| Jul 12, 2019 | Listed by Berkshire Hathaway HomeService | $3,300,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Aug 24, 2016 | Sold | ||
| Sold | |||
| May 13, 2016 | Listed by Berkshire Hathaway HomeService | $1,795,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
|
This offering represents a tremendous opportunity to own, and, more importantly, live in a special home designed by famed architect Henry Hester, with absolutely gorgeous north shore views encompassing a panorama spanning the coastline, vast ocean, and night-light views. Simply breathtaking. The modernist architectural design creates an airy and free-flowing atmosphere with floor-to-ceiling doors and windows to take advantage of the views. Neighborhoods: Hillside Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected Topography: SSLP
| |||
Property Highlights
Air Conditioning
Fireplace
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
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Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Susana Corrigan, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190038462
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190038462
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