Joe McLaughlin / Broker Associate

My Office Listings

7256-7258 La Jolla Blvd.
Coastal South La Jolla 92037

$2,599,000
2-4 Units built: 1975

Main Photo: LA JOLLA Property for sale: 7256-7258 La Jolla Blvd.
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Status:
Active
Prop. Type:
2-4 Units
MLS® Num:
220000546
Year Built:
1975
**BOM - Buyer Could NOT Perform - HOT PROPERTY!** 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!
Lot Size:
1-3,999 SF
Number of Buildings:
2
Number of Units:
2
Year Built:
1975
Stories:
2 Story
Total Stories:
2
Market Area:
Coastal South
Community:
LA JOLLA
County:
San Diego
Neighborhood Code:
Barber Tract
Name of Complex/Subdivision:
n/a
Home Owner Fees:
0.0
Mello Roos Fee:
0.0
Monthly Total Fees:
0.0
Other Fees:
0.0
Tenant pays:
N/K
Projected net operating income:
106206
Other income:
0
Projected other income:
0.0
Annual expense actual:
32528
Projected annual expense:
35402
Cap Rate.:
3.75
Projected Cap Rate.:
4.08
Gross Rent Multiplier:
19.97
Projected Gross Rent Multiplier:
18.35
Gross scheduled income:
130112
Projected gross scheduled income:
141608
Finished Area for Unit 1:
1,400 sq. ft.
Bedrooms for Unit 1:
3
Number of bathrooms for Unit 1:
2
Full Bathrooms for Unit 1:
2
Half Bathrooms for Unit 1:
0
Deposit for Unit 1:
0.0
Total Rent for Unit 1:
10800.0
Garage for Unit 1:
N/K
Unit 1 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 1:
Common
Finished Area for Unit 2:
461 sq. ft.
Bedrooms for Unit 2:
1
Number of bathrooms for Unit 2:
1
Full Bathrooms for Unit 2:
1
Half Bathrooms for Unit 2:
0
Deposit for Unit 2:
0.0
Total Rent for Unit 2:
0.0
Projected Rent for Unit 2:
3200.0
Garage for Unit 2:
N/K
Unit 2 Exclusive Use Yard:
Yes
Laundry Hook Ups for Unit 2:
Common
Number of bathrooms for Unit 3:
0
Number of bathrooms for Unit 4:
0
Sea Lane
Exterior Features:
Stucco
Cooling:
None
Heating:
Fireplace, Forced Air Unit
Heating fuel:
Natural Gas
Number of Units with Cooling:
0
Number of Units with Dishwashers:
2
Number of Units with Dryers:
1
Number of Units with Fireplaces:
1
Number of Furnished Units:
2
Number of Units with Garages:
0
Number of Units with Patios:
2
Number of Units with Range/Oven:
2
Number of Units with Refrigerators:
2
Number of Units with Washers:
1
Pool:
N/K
Roof:
Composition
Security:
N/K
Fencing:
Partial
Short Sale:
No
Listing Type:
Exclusive Right (R)
Age Restrictions:
N/K
Sales Restrictions:
N/K
Terms:
Cash, Conventional
Parcel Number:
351-102-14-00
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Data was last updated January 17, 2022 at 07:10 AM (UTC)
Area Statistics
Listings on market:
18
Avg list price:
$1,972,500
Min list price:
$985,000
Max list price:
$7,250,000
Avg days on market:
114
Min days on market:
4
Max days on market:
347
Avg price per sq.ft.:
$423.38
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
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 Multiple Listing Service, Inc. 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 © 2022 San Diego Multiple Listing Service, Inc.