$2,750,000
●
House -
Off Market
7687 Hillside Drive
La Jolla, CA 92037
4 Beds
3 Baths
2,415 Ft²
$6,490,898
RealtyHop Estimate
75.67%
Since Mar 1, 2017
CA-San Diego
Primary Model
About This Property
Stunning ocean views from 2 properties on nearly 2/3 acre in the
coveted Hillside neighborhood; available for the first time since
1962. Vacant upper lot with spectacular views! Secluded,
ranch-style house on the lower property features hardwood and
terracotta floors, decks, and ocean views. Option 1: Enjoy
the home's vintage California spirit, add a floor or wing, or build
your palatial view estate with generous level grounds. Option 2:
Use the 2 legals lots - keep your favorite and sell the other!
Neighborhoods: Country Club Architectural Style:
Craftsman/Bungalow View: Craftsman/Bungalow Equipment:
Dryer, Washer Other Fees: 0 Sewer: Sewer Connected
Topography: GSL
Unit Size
2,415 Ft²
Days on Market
242 days
Land Size
0.66 acres
Price per sqft
$1,530
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1954
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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 #160035370)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Sep 4, 2024 | Sold | ||
| Sold | |||
| Aug 19, 2024 | In contract | - | |
| In contract | |||
| Jun 21, 2024 | Listed by Compass | $2,875,000 | |
| Listed by Compass | |||
| | |||
|
Great project on the most prestigious street in La Jolla! Build your dream ocean and coastal view home (almost 7,000 square feet) in La Jolla Hills. This parcel is fully permitted and shovel ready, complete with a Coastal Development Permit, approved architectural plans, and all necessary permits after a meticulous 3-year approval process.
| |||
| Feb 23, 2017 | Sold | ||
| Sold | |||
| Jun 26, 2016 | Listed by Pacific Sotheby's Int'l Realty | $3,695,000 | |
| Listed by Pacific Sotheby's Int'l Realty | |||
Property Highlights
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
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HOA + Taxes
About Northern San Diego
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Listed by: Brett Dickinson, Pacific Sotheby's Int'l Realty
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160035370
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 160035370
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