$1,805,000
●
House -
Off Market
8131 Paseo Del Ocaso
La Jolla, CA 92037
4 Beds
3 Baths
1,762 Ft²
$3,090,703
RealtyHop Estimate
56.49%
Since Jan 1, 2020
CA-San Diego
Primary Model
About This Property
Rare opportunity to own a 3BR/2BA single-level home with a pool/spa
along with a separate guest house in La Jolla Shores. Just a few
blocks from the sparkling blue Pacific, the main house is 1,400 sq.
ft. and the guest house is approximately 360 sq. ft. There are
original hardwood floors throughout and sunlight fills the home.
The private pool/spa are perfect for entertaining family and
friends year round. The home is centrally located to restaurants,
shops, the LJ Beach and Tennis Club.... and easy access into
and out of La Jolla. Just a stone's throw away are UCSD, Scripps
Hospital, UTC and Torrey Pines State Park. Overhead power lines are
scheduled to come down in the next 1-2 years. This home is a must
see.. Neighborhoods: La Jolla Shores Equipment:
Pool/Spa/Equipment, Range/Oven, Shed(s) Other Fees: 0 Sewer:
Sewer Connected Topography: LL
Unit Size
1,762 Ft²
Days on Market
68 days
Land Size
-
Price per sqft
$1,121
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1948
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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 #190057978)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Dec 30, 2019 | Sold | ||
| Sold | |||
| Oct 23, 2019 | Listed by Willis Allen Real Estate | $1,975,000 | |
| Listed by Willis Allen Real Estate | |||
Property Highlights
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
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ft²
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HOA + Taxes
About Northern San Diego
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Listed by: Scott Appleby, Willis Allen Real Estate
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190057978
Last Updated: 4 months ago
Data Source: CRMLS, MLS# 190057978
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