$409,000
●
Condo -
Off Market
8603 Via Mallorca #D
La Jolla, CA 92037
2 Beds
2 Baths
1,359 Ft²
$1,083,034
RealtyHop Estimate
164.22%
Since Jul 1, 2012
CA-San Diego
Primary Model
About This Property
**BANK OWNED/REO**2 BEDROOM, 2 BATH CONDO IN THE DESIRABLE CAPE LA
JOLLA GARDENS. LARGE KITCHEN AND MASTER BEDROOM WITH A WALK-IN
CLOSET. FIREPLACE IN THE LIVING ROOM. CLOSE TO SHOPPING AND
RESTAURANTS.**PROPERTY SOLD AS-IS** Equipment: Range/Oven
Other Fees: 0 Sewer: Sewer Connected
Topography: LL
Unit Size
1,359 Ft²
Days on Market
-
Land Size
-
Price per sqft
$302
Property Type
Condo
Property Taxes
-
HOA Dues
$281
Year Built
-
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Cap Rate Calculator
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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: 5 months ago (SDMLS #120018494)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 5, 2024 | Sold | ||
| Sold | |||
| May 14, 2024 | Listed by Pacific Sotheby's International Realty | $940,000 | |
| Listed by Pacific Sotheby's International Realty | |||
| | |||
|
Pristine corner unit located in La Jolla Village is within close proximity to UCSD, La Jolla Playhouse along with numerous shops and restaurants at UTC. West-facing orientation affords abundance of natural light, and private balcony invites outdoor relaxation. Spacious ensuite primary bedroom is complete with walk-in closet and dual vanity. Complex amenities include exclusive access to pool, spa and gym. This presents an increasingly rare opportunity to own property in one of California’s most desirable coastal communities. There is a storage room in back of the garage that's directly below the unit.
| |||
| Jun 21, 2012 | Sold | ||
| Sold | |||
| Apr 10, 2012 | Listed by RE/MAX Connections | $409,900 | |
| Listed by RE/MAX Connections | |||
Property Highlights
Air Conditioning
Fireplace
Parking Details
Has Garage
Garage Spaces: 2
Interior Details
Full Bathrooms: 2
Appliances: Dishwasher, Microwave
Laundry Features: None
Has Fireplace
Exterior Details
Has Property Attached
Square Footage: 1359
Square Footage Source: $0
Year Built: 1996
Levels: One
Pool Features: Community
Lot Size Units: Square Feet
Tax Lot: 8603VIAMALLORCAD92037
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air, Natural Gas
Location Details
HOA/Condo/Coop Amenities: Maintenance Grounds, Insurance, Trash, Water
HOA Fee: $281
HOA Fee Frequency: Monthly
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
| Date | Unit | Beds | Baths | Sqft | Price | Closed | Listed By |
|---|---|---|---|---|---|---|---|
|
05/14/2024
|
2 Bed
|
2 Bath
|
1359 ft²
|
$940,000
2 Bed
2 Bath
1359 ft²
|
$910,000
-3.19%
08/05/2024
|
Janna Hernholm
Pacific Sotheby's International Realty
| |
|
02/03/2020
|
2 Bed
|
2 Bath
|
1231 ft²
|
$689,000
2 Bed
2 Bath
1231 ft²
|
-
-
|
-
| |
|
04/10/2012
|
2 Bed
|
2 Bath
|
1359 ft²
|
$409,900
2 Bed
2 Bath
1359 ft²
|
$409,000
-0.22%
06/21/2012
|
Jake May
The Jake May Team, Inc.
| |
|
01/27/2012
|
2 Bed
|
2 Bath
|
1680 ft²
|
$529,000
2 Bed
2 Bath
1680 ft²
|
$480,000
-9.26%
05/18/2012
|
Jim Field
Century 21 Affiliated
|
Building Info
About Northern San Diego
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Listed by: Jake May, RE/MAX Connections
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 120018494
Last Updated: 5 months ago
Data Source: CRMLS, MLS# 120018494
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