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P: 858.483.4687
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7210 La Jolla Blvd
La Jolla, California CA 92037
Price: $4,350,000
ACTIVE Status, Bedrooms, Full Baths
14,930 SqFt , 0.340 Acres
Listing ID # 180009949

Property Description:

A unique opportunity to own a collection of 3 meticulously restored, award-winning historic homes plus a studio guesthouse that all offer modern day amenities that seamlessly merge with their classic architectural styles. Surrounded by professionally landscaped grounds that span a block of land near the beach in La Jolla's, Barber Tract, these rare homes come with the Mills Act property tax savings. Currently used as vacation rentals, the detached homes also offer a variety of use options. See Supplement.This one-of-a-kind offering features 3 single family detached homes + a semi-detached guesthouse. All 3 homes have newer foundations, electrical, plumbing and their own laundry areas. House #1 - The Rhoads House (7210 LJ Blvd) Historic Site #128. Built in 1917 and designed in the Craftsman Bungalow Style, the home was beautifully restored and expanded in recent years and is now approx 3,090 SF with 4 BR/3 BA and has a semi-detached studio guesthouse with it's own entrance and address (417 Dunemere). Walls of French doors and windows open the home to a brick patio with an in-ground spa. House #2 - The Galusha B. Grow House (484 Arenas St) - Historic Site #133. This iconic Victorian Vernacular home was built in 1895 and is known throughout La Jolla as the "Yellow Cottage." The 2-story home features approx 1,000 SF, 2 BR/1.5 BA and the interiors are as charming as it's exterior. House #3 - The Corey House (494 Arenas St)- Historic Site #375. Once the home and office of La Jolla's first female doctor, the Victorian Bungalow was built in 1909. The interiors have been redesigned and boast an open airy floor plan, approx 745 SF + a loft-style bedroom. The Barber Tract is bordered by a beautiful white sand beach and is near the shopping, restaurants and amenities La Jolla is famous for.

Primary Features

Community: LA JOLLA
Neighborhood: Beach/Barber Tract
Complex/Park: Heritage Place - La Jolla
Short Sale: no
Number of Buildings: 3
Number of Units: 3
Tenant Pays: N/K
Complex Features: Other/Remarks
Water: Meter on Property
Sewer/Septic: Sewer Connected
Security: N/K
Roof: Other/Remarks
Pool: N/K
Exterior: Other/Remarks
Heat Equipment: Other/Remarks
Cooling: N/K

Interior Features

Levels: Other/Remarks
Unit 1 Estimated SqFt: 3090
Unit 1 Laundry Hook Ups: Yes
Unit 1 Number of Bedrooms: 4
Unit 1 Number of Full Baths: 3
Unit 1 Number Total Baths: 3
Unit 2 Estimated SqFt: 1001
Unit 2 Laundry Hook Ups: Yes
Unit 2 Number of Bedrooms: 2
Unit 2 Number of Full Baths: 1
Unit 2 Number of Half Baths: 1
Unit 2 Number Total Baths: 2
Unit 3 Estimated SqFt: 745
Unit 3 Laundry Hook Ups: Yes
Unit 3 Number Bedrooms: 1
Unit 3 Number of Full Baths: 1
Unit 3 Number Total Baths: 1
Unit 4 Estimated SqFt: 319
Unit 4 Laundry Hook Ups: No
Unit 4 Number of Full Baths: 1
Unit 4 Number Total Baths: 1
Water Heater Type: Other/Remarks

External Features

Entry Only: no
Fencing: Other/Remarks
Frontage: Other/Remarks
Irrigation: Other/Remarks
Lot Dimensions Approx: 135x110
Lot Size: .25 to .5 AC
Parking for RV: Other/Remarks
Parking Garage Unit 1: Converted, Detached
Parking Garage Unit 2: Assigned
Parking Garage Unit 3: Assigned
Parking Garage Unit 4: N/K
Parking Non-Garage Unit 1: None Known
Parking Non-Garage Unit 2: Gated
Parking Non-Garage Unit 3: Gated
Parking Non-Garage Unit 4: None Known
Pool Heat: None Known
Site: Curbs, Public Street, Sidewalks, West of I-5, Other/Remarks
Spa: Private Below Ground, Yes
Topography: Level
Unit 1 Exclusive Use Yard: yes
Unit 2 Exclusive Use Yard: yes
Unit 3 Exclusive Use Yard: yes
View: Other/Remarks

Location Information

Cross Street(s): Dunemere Drive & Arenas Street
Elementary School: San Diego Unified School District
High School: San Diego Unified School District
Market Area: Coastal South
Middle School: San Diego Unified School District
Zip/Area: LA JOLLA (92037)
Zoning: RM 1-1

Financial Details

Annual Expense Actual: 90758
Assessors Parcel Number: 351-102-09-00
Cap Rate Actual: 3.5
Gross Scheduled Income Actual: 243000
Home Owners Fee Includes: Other/Remarks
Other Fee Type: Other/Remarks
Other Income Actual: 132675
Sale/Rent: For Sale
Spa Heat: Gas
Terms: Cash, Conventional
Unit 1 Rent Actual: 52603
Unit 2 Rent Actual: 23585
Unit 3 Rent Actual: 26281
Unit 4 Projected Rent: 16200
Unit 4 Rent Actual: 8250


Additional Property Use: N/K
Age Restrictions: N/K
Association ID: San Diego Association of REALTORS (SDAR)
Heat Source: Other/Remarks
Miscellaneous: N/K
Number of Units w/Dryers: 3
Number of Units w/Fireplaces: 2
Number of Units w/Garage: 1
Number of Units w/Patios: 3
Number of Units w/Range/Oven: 3
Number of Units w/Refrigerator: 3
Number of Units w/Washers: 3
Number Units w/Dishwashers: 3
Possession: Call Listing Agent
Property Type: 2-4 UNITS
Sales Restrictions: N/K
Telecommunications: Other/Remarks
Unit Number for Unit 1: 7210
Unit Number for Unit 2: 484
Unit Number for Unit 3: 494
Unit Number for Unit 4: 417 Dune

Zoning Info

Listing courtesy of Coldwell Banker Res. Brokerage
©2019 Sandicor, Inc. All rights reserved. The data relating to real estate for sale on this web site comes in part from San Diego Multiple Listing Service (SDMLS). The information being provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data updated on Saturday, April 20th, 2019 11:44:14 AM.

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Office: 858-483-4687 | Cell: 619-339-7334 | Email: [email protected] | CA BRE #01043581 | NMLS# 373603

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Last Updated: 2019-04-04