$2,655,000
●
House -
Off Market
7781 Hillside Drive
La Jolla, CA 92037
4 Beds
4 Baths
2,566 Ft²
$4,960,518
RealtyHop Estimate
83.72%
Since May 1, 2016
CA-San Diego
Primary Model
About This Property
CLASSIC SPANISH REVIVAL WITH MILLS ACT TAX BENEFIT. Custom
built 1927 beauty by Thomas Sheppard/Herbert Mann.
Prestigious La Jolla street and location with impressive
north shore coastline and white water views. Private
courtyard entrance with tranquil wall fountain feature.
Gorgeously remodeled to reflect and augment exterior
authenticity. Rarely offered Mills Act designation property
offers great property tax savings. Please see supplement.
Neighborhoods: Hillside Equipment: Range/Oven Other Fees: 0
Sewer: Sewer Connected Topography: LL,SSLP
Unit Size
2,566 Ft²
Days on Market
127 days
Land Size
0.15 acres
Price per sqft
$1,052
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1980
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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 #150064848)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 19, 2016 | Sold | ||
| Sold | |||
| Dec 14, 2015 | Listed by Keller Williams La Jolla | $2,700,000 | |
| Listed by Keller Williams La Jolla | |||
| Jan 27, 2015 | Sold | ||
| Sold | |||
| Mar 14, 2014 | Listed by Berkshire Hathaway HomeService | $2,594,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| | |||
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HISTORIC SPANISH REVIVAL. Custom built in 1927 by Master Architects Thomas Sheppard and Herbert Mann, this home sits atop one of La Jolla's most prestigious streets overlooking the north shore coastline with white water views. Gorgeously remodeled while maintaining its authenticity, this home is simply beautiful. Mills Act designation offers great property tax savings. Please see supplement. Neighborhoods: Hillside Equipment: Range/Oven Other Fees: 0 Sewer: Sewer Connected
| |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
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Type
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ft²
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HOA + Taxes
About Northern San Diego
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Listed by: Lindsey Heinrich, Keller Williams La Jolla
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150064848
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150064848
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