8348 Paseo Del Ocaso
About This Property
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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.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Apr 17, 2026 | Sold | ||
| Sold | |||
| Apr 7, 2026 | In contract | - | |
| In contract | |||
| Mar 9, 2026 | Listed by Berkshire Hathaway HomeServices California Properties | $4,995,000 | |
| Listed by Berkshire Hathaway HomeServices California Properties | |||
| Jan 28, 2025 | Listed | $5,495,000 | |
| Listed | |||
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First time on the market!! White water ocean views and only steps to the beautiful sandy beach that stretches from Scripps Pier to the tidepools next to the La Jolla Beach & Tennis Club. This home has been maintained and enjoyed by the same family for the past 60 years and underwent a substantial renovation including plumbing and electrical during the Fall of 2024. 4 Bedroom/3 Bath split-level beach home. The primary BR suite is on the main level and the 3 secondary bedrooms are together on the lower level. The spacious Great Room and the library/office, which are side by side, present full ocean views and spectacular sunsets over Kellogg Park. In addition, original hardwood floors were refinished, new lighting throughout, completely new kitchen, newer roof, updated secondary baths and interior/exterior were painted. The sheltered and charming front courtyard is filled with morning sunlight and gardeners will appreciate the mature backyard roses/vegetation that is drenched in afternoon sunlight. This property is "as good as it gets" in San Diego's most popular beach community of La Jolla Shores near the sparkling Pacific Ocean, Kellogg Park, serene neighborhoods for walking, shopping and favorite restaurants. This home was designed and built by legendary San Diego architects, Homer Delawie and Lloyd Ruocco.
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017