Updated Dec 4, 2024
8303 La Jolla Shores Drive Sold For $35 Million With Brokers Brett Dickinson & Ross Clark
8303 La Jolla Shores Dr
$35,000,000
$10,593/SF
Building Size
3,304 SF
Asset Type
Single Family
Closing
Aug 24, 2024
About this deal
AI
The property is located at 8303 La Jolla Shores Drive in the La Jolla market. It is a single-family home situated on 0.6 acres and encompasses 3,304 square feet. The transaction was finalized at a sale price of $35,000,000, achieving a price per square foot of $10,593.
Summary of transaction details:
- Property Type: Single Family
- Transaction Amount: $35,000,000
- Square Footage: 3,304
- Price Per Square Foot: $10,593
- Address: 8303 La Jolla Shores Drive
- Market: La Jolla
- Acres: 0.6
- Brokers: Brett Dickinson & Ross Clark - Compass
The sale at 8303 La Jolla Shores Drive tied the record for the highest sale in La Jolla Shores, marking a significant achievement in the real estate market. The involved brokers, Brett Dickinson and Ross Clark, represent this transaction while working under Compass.
Players
La Jolla Single Family Market Snapshot
Boundary boundary · Single Family · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.45%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93