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7256-7258 La Jolla Blvd.

La Jolla, CA 92037
  • $2,599,000
  • STATUS: PENDING
  • ON SITE: 18 Days
  • ID#: 210031838
Pending
$2,599,000
  • 4
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 1,861
    SQFT
  • $1,397
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1975
County:

School Ratings & Info

Description

NEED AN INVESTMENT BEFORE YEAR-END? Rare turn-key coastal multi-family property just a couple of blocks from the ocean in the highly desired Lower Barber Tract (beach side)! Newly remodeled and offered FULLY FURNISHED! Front unit has been owner occupied, and the back three bedroom unit has been a successful rental (all rents noted are from May-present). The front unit is an adorable cottage with an open floor plan, soaring ceilings and private large patio. The back unit is a large, beautifully upgraded 3 bedroom home with private backyard and large deck upstairs that offers ocean views! Ample parking that includes a covered carport. Stroll to the beach or restaurants and enjoy all La Jolla has to offer!

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This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
www.themarellygroup.com/homes/123438693
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7256-7258 La Jolla Blvd. La Jolla, CA 92037

  • Price: $2,599,000
  • Status: PENDING
  • On Site: 18 Days
  • ID#: 210031838
4
Beds
3
Baths
0
½ Baths
N/A
Acres
1,861
SQFT
$1,397
$/SQFT
1975
Built
Neighborhood:
Barber Tract
County:
San Diego
Area:
La Jolla (92037)
Property Description
NEED AN INVESTMENT BEFORE YEAR-END? Rare turn-key coastal multi-family property just a couple of blocks from the ocean in the highly desired Lower Barber Tract (beach side)! Newly remodeled and offered FULLY FURNISHED! Front unit has been owner occupied, and the back three bedroom unit has been a successful rental (all rents noted are from May-present). The front unit is an adorable cottage with an open floor plan, soaring ceilings and private large patio. The back unit is a large, beautifully upgraded 3 bedroom home with private backyard and large deck upstairs that offers ocean views! Ample parking that includes a covered carport. Stroll to the beach or restaurants and enjoy all La Jolla has to offer!
Exterior Features

Exterior Stucco Fencing Partial Parking Garage Desc Unit1 N/K Parking Garage Desc Unit2 N/K Pool N/K Roof Composition Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 0 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 2 Half Baths Unit1 0 Half Baths Unit2 0 Heat Equipment FireplaceForced Air Unit Heat Source Natural Gas Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Common Unit2 Laundry Hook Ups Common Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 1 Units With Fireplaces 1 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 1

Property Features

Actual Cap Rate 3.75 Age Restrictions N/K Annual Expense Actual 32528 Annual Expense Projected 35402 Association ID San Diego Association Of Realtors (Sdar) Buildings 2 Cfd Mello Roos Fee 0.0 Community La Jolla Complex Park N/A Cross Streets Sea Lane Gross Rent Multiplier Actual 19.97 Gross Rent Multiplier Project 18.35 Gross Scheduled Income Actual 130112 Gross Scheduled Income Project 141608 Home Owners Fees 0.0 Mandatory Remarks None Known Market Area Coastal South Monthly Total Fees 0 Net Operating Income Projected 106206 Other Fees 0.0 Other Income Actual 0 Possession Close Of Escrow Projected Cap Rate 4.08 Projected Other Income 0.0 Sales Restrictions N/K Security N/K Short Sale No Tenant Pays N/K Terms CashConventional Unit1 Deposit 0 Unit1 Occupied Tenant Unit1 Rent Actual 10800.0 Unit2 Deposit 0 Unit2 Occupied Owner Unit2 Projected Rent 3200.0 Unit2 Rent Actual 0.0

Listing provided courtesy of Compass. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
 
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The Marelly Group | Sentry Residential
5256 South Mission Rd, Suite 1006
Bonsall CA, 92003