Drew & Tim Nelson Sell La Jolla SFR For $7.6M
SOLD
$7,625,000
California
See Similar DealsSingle Family Residence5,600 SF
Sold 02/19/2021
SOLD
Drew & Tim Nelson Sell La Jolla SFR For $7.6M
Coast Boulevard South, La Jolla, CA, USA
See Similar DealsSingle Family Residence5,600 SF
Sold 02/19/2021
Summary
CALIFORNIA
Asset Type:Single Family Residence
Price Per Square Foot:$1,361
Total Square Footage:5,600 SF
Transaction Type:Sale
A single-family residence located on Coast Boulevard South in La Jolla has recently been sold for a price of $7,625,000. The property spans approximately 5,600 square feet with a price per square foot of $1,361. The sales transaction was finalized on February 19, 2021.
Summary of transaction details:
- Property Type: SFR
- Transaction Amount: $7,625,000
- Address: Coast Boulevard South, La Jolla
- Market: La Jolla
The sale was facilitated by brokers Drew & Tim Nelson from Willis Allen Real Estate, representing the parties involved in the transaction.
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Deal Type
30 years
10 years
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)
$406,666.67
Debt Service Coverage Ratio (DSCR)
0.94x
Cap Rate
5.33%
Cash Flow (Annual)-$27,090.01
Cash-on-Cash Return-1.27%
Monthly Debt Service$36,146.39
Annual Debt Service$433,756.68
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