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7430 Hillside Drive, La Jol...

Updated Dec 21, 2023

Qing Yu Acquires $7.25M La Jolla SFR On Hillside Drive With Rep Simon Polito - The Polito Group
SOLDSingle Family Residence

Qing Yu Acquires $7.25M La Jolla SFR On Hillside Drive With Rep Simon Polito - The Polito Group

7430 Hillside Drive, La Jolla, California 92037, United States

$7,250,000

$1,154/SF

Building Size

6,278 SF

Asset Type

Single Family Residence

Closing

Mar 2, 2022

About this deal

AI

The property at 7430 Hillside Drive in La Jolla has been sold for $7,250,000. This single-family residential (SFR) property spans across 6,278 square feet, resulting in a price per square foot (PPSF) of $1,154. The transaction took place on 03/03/2022. The property was listed by Simon Polito, from The Polito Group, and represented by broker Simon Polito, whose contact number is 858-333-6977. The sale of this property marks the closing of a significant deal in the La Jolla market.

Summary of transaction details

  • Property Type: Single-Family Residential (SFR)
  • Transaction Amount: $7,250,000
  • Square Footage: 6,278
  • Price per Square Foot (PPSF): $1,154
  • Address: 7430 Hillside Drive, La Jolla
  • Market: La Jolla

This sale was made by buyer Qing Yu, who made a notable investment in the property. The broker representing both the buyer and the seller in this transaction was Simon Polito from The Polito Group. Additional information can be found on the property's official website at www.7430HillsideDrive.com. The listed broker, Simon Polito, can be reached at 858-333-6977. With the completion of this sale, Hillside Drive in La Jolla proves to be a prime location for real estate investments.

Players

Simon Polito

Broker

$11.5M

vol

2 deals

Broker

San Diego Single Family Residence Market Snapshot

Boundary boundary · Single Family Residence · Sale transactions

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Deal FAQ

Qing Yu bought a home in San Diego for $7.3M in 2022. The full closing is on this page.

About $1.2K per square foot on a published $7.3M for 6,278 square feet (2022).

Visit Simon Polito to view all their deals.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

2.19%

Cash-on-Cash

-0.63%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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