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Key Details
Sold Price $3,760,000
Property Type Single Family Home
Sub Type Single Family Residence
Listing Status Sold
Purchase Type For Sale
Square Footage 3,581 sqft
Price per Sqft $1,049
Subdivision La Jolla
MLS Listing ID 240002600SD
Sold Date 02/23/24
Bedrooms 7
Full Baths 6
Half Baths 1
HOA Y/N No
Year Built 1956
Property Description
Savy investment opportunity. Sit down ocean views from dining, living room and several bedrooms. Seller open to creative financing. Many possibilities!! High end development potential. Single level home on 19,000 sqft lot with ocean view in Muirlands community. 7 beds and 7baths. Currently operating as Residential Care Facility for the Elderly (RCFE). Licensed for six beds. Assisted living community has potential to bring in $90,000 gross revenue or more per month. Investor opportunity to keep as RCFE and take advantage of growing senior community, turn into AirBnB, or sub-divide near 1/2 acre lot and build 2 homes with additional ADU's or simply remodel and make this your dream home. Walking distance to school and Windansea Beach. Equipped with solar. Please see documents for floorplan sketch. Home set up perfectly for RCFE. Four bedrooms with ensuite bathrooms. This feature valuable to help obtain high end clientele. Agent is a licensed Administrator with experience in running 6 bed communities. Will consider staying on to help with transfer.
Location
State CA
County San Diego
Area 92037 - La Jolla
Interior
Interior Features Bedroom on Main Level
Heating Forced Air, Natural Gas
Cooling None
Fireplaces Type Living Room
Fireplace Yes
Appliance Dishwasher, Electric Cooktop, Electric Cooking, Electric Oven, Electric Range, Disposal, Microwave, Refrigerator
Laundry Electric Dryer Hookup
Exterior
Garage Driveway, Other
Pool None
View Y/N No
Roof Type Composition
Total Parking Spaces 3
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 3515310700
Acceptable Financing Cash, Conventional, VA Loan
Listing Terms Cash, Conventional, VA Loan
Financing Cash
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Bought with Teri Hill • Hill & Hill Realty, Inc.