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Owner
$932,981
8668 VILLA LA JOLLA DR UNIT 1, LA JOLLA, CA
Quick Facts
owner occupied
Yes
vacant
No
corporate owner
No
beds
2
baths
2
sq. ft.
1,188
property type
Condominium Unit (Residential)
hoa
Yes

About

Residential
Living Area
Carport

Financial Overview

Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property

Property Features

Year Built
1981
Building Size
1,188 sq ft
Lot Size
131,028 sq ft
Lot Size (Acres)
3.01 acres

Distressed Property Status

In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property

Property Location Details

Parcel Number (APN)
344-290-14-45
County
San Diego County, CA
Metro Area
San Diego-Chula Vista-Carlsbad, CA
Zoning
RM-3-9
Neighborhood/Subdivision
LA JOLLA TERRACE
Lot Number
2
School District
San Diego City Unified School District
Legal Description
LOT 2 US117 PER DOC80-257807&UND INT IN TR 008841

Tax & Value Information

Market Value (Total)
Building Value
Land Value
Annual Property Tax
Tax Assessment Year
2023
Assessed Value
$613,865
Last Assessment Year
2023
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
Last Sale Contract Date
8/30/2013
Recording Date
9/5/2013
Sales Document #
2013.551610
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Include
Address
Sale Date
Sale Price
Sq.Ft.
Bed/Bath
Lot Size
Year
$/Sq.Ft.
Distance
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$36,101
Return on Investment
15.60%
After Repair Value
$1,026,279

Basic Inputs

Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details

Purchase Price
$839,683
Renovation Cost
$46,649
Closing Costs (buying)
$16,794
Holding Costs
$25,475
Selling Costs
$61,577
Total Investment
$231,379
After Repair Value (ARV)
$1,026,279
Total Costs
$990,178
Estimated Profit
$36,101
Cash Invested
$214,586
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Date
Action
Price
PPSF
DOM
Agent
Brokerage
MLS/Listing #
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112015
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112016
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112017
2023-09-02Pulled Off Market$3,495$110Baruch Bar CohenOxford Property Group112018
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area