$2,900,000
●
Land -
Off Market
8025 Calle Del Cielo
La Jolla, CA 92037
Studio
0 Bath
$6,026,698
RealtyHop Estimate
85.44%
Since Apr 1, 2016
CA-San Diego
Primary Model
About This Property
This fabulous .66 acre lot has GORGEOUS OCEAN AND LA JOLLA COVE
VIEWS, a sought-after upper Shores location, and plans by Bill
Hayer for a striking residence comprised of a 6,840 sq.ft. main
house, 2-story over basement, and a 785 sq.ft. detached accessory
structure. The entitlement process is well underway. A spectacular
opportunity! Information herein is deemed reliable but not
guaranteed. Neighborhoods: La Jolla Shores Other Fees: 0
Unit Size
-
Days on Market
222 days
Land Size
0.66 acres
Price per sqft
-
Property Type
Land
Property Taxes
-
HOA Dues
-
Year Built
1966
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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: 4 months ago (SDMLS #150046158)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Mar 30, 2016 | Sold | ||
| Sold | |||
| Aug 21, 2015 | Listed by Berkshire Hathaway HomeService | $3,250,000 | |
| Listed by Berkshire Hathaway HomeService | |||
| Aug 8, 2014 | Sold | ||
| Sold | |||
| Mar 5, 2013 | Listed by Willis Allen Real Estate | $3,595,000 | |
| Listed by Willis Allen Real Estate | |||
| | |||
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Fabulous split level .66 acre lot with panoramic ocean and La Jolla Cove views in upper La Jolla Shores. 2001 CDP approved for single level 7860 SF home, pool, and guest house. Several building designs - by Marengo and by Don Edson. Wallace Cunningham also consulted. Neighborhoods: La Jolla Shores Other Fees: 0 Sewer: Sewer Available
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Property Highlights
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
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About Northern San Diego
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Listed by: Susana Corrigan, Berkshire Hathaway HomeService
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150046158
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 150046158
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