Listed by: Eric Chodorow, Berkshire Hathaway HomeServices California Properties
$4,600,000
●
House -
Off Market
7872 Lookout Drive
La Jolla, CA 92037
4 Beds
4 Baths
3,790 Ft²
$24,306
Est. Monthly
About This Property
Few properties in La Jolla can boast of having a prime location in
the much sought after Hillside area, sweeping white water north
shore ocean views and a useable .56 acre estate size site. We
are proud to offer this mid century modern property which has not
been on the market in almost 40 years. Hidden as it is from
the street by tall shrubbery, you will delight in the privacy
of this four bedrooms, four full bath 3790 square feet home
with multiple view decks including a stunning roof top deck
and a two car garage. There are hardwood floors,
open ceilings with exposed beams, four fireplaces and a
custom floor plan which allows for multiple offices or studios as
desired. There are two furnaces, two air conditioners, an
alarm system, leaded glass windows, a dedicated dining room perfect
for large entertaining, a master bedroom with a fireplace and view,
and a highly efficient kitchen. For some buyers this is an
opportunity to create an entirely new home on this one of a kind
site. For others, some cosmetics changes might be in order.
We invite you to come see for yourself.
Unit Size
3,790 Ft²
Days on Market
87 days
Land Size
0.56 acres
Price per sqft
$1,306
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1950
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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 (CRMLS #240027792SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Feb 28, 2025 | Sold | ||
| Sold | |||
| Feb 4, 2025 | In contract | - | |
| In contract | |||
| Feb 4, 2025 | Price Decreased |
$4,950,000
↓ $300K
(5.7%) | |
| Price Decreased | |||
| Dec 11, 2024 | Price Decreased |
$5,250,000
↓ $500K
(8.7%) | |
| Price Decreased | |||
| Dec 3, 2024 | Listed by Berkshire Hathaway HomeServices California Properties | $5,750,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
Property Highlights
Air Conditioning
Fireplace
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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Status
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Type
Beds
Baths
ft²
Price/ft²
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HOA + Taxes
About Northern San Diego
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Listed by: Eric Chodorow, Berkshire Hathaway HomeServices California Properties
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240027792SD
Last Updated: 2 years ago
Data Source: CRMLS, MLS# 240027792SD
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