5544 La Jolla Blvd La Jolla, CA 92037

$1,425,000 Sold Price as of 06/12/2020

-- Beds
-- Baths
2,628 Sq.Ft.

Off Market

$1,425,000 Sold Price as of 06/12/2020 Refinance Your Mortgage

Map preview of 5544 La Jolla Blvd, La Jolla, CA 92037

Property Overview: 5544 La Jolla Blvd La Jolla, CA has -- bedrooms, -- bathrooms, 2,628 living square feet and 3,263 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

5544 La Jolla Blvd is currently an off market home in the city of La Jolla. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of La Jolla has a median list price of $2,950,000. The median price per/sqft for La Jolla is $1,250. With those numbers in mind, if you are looking to purchase a median priced home in La Jolla, CA and put 20% down you will need to save up $590,000 for the down payment and will need roughly $59,000 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in La Jolla the commission could be as much as $121,000. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 5544 La Jolla Blvd

Last sold for $1,425,000 on June 12th, 2020

June, 2020
Jun 12, 2020

Date

Sold (Public Records)

Public Records

$1,425,000

Price
October, 2019
Oct 1, 2019

Date

Expired

CRMLS: 190019148

$1,595,000

Price
Jul 17, 2019

Date

Withdrawn

CRMLS: 190019148

$1,595,000

Price
Apr 10, 2019

Date

Active

CRMLS: 190019148

$1,595,000

Price
Listing provided courtesy of CRMLS

This is an opportunity to own a commercial building in the Bird Rock neighborhood of La Jolla. Roughly 40% of the property is currently leased to La Jolla Vacation Rentals and 60% of the property is vacant. This provides a unique opportunity for a business operator, investor and/or developer. A business operator can purchase the building potentially with an SBA Loan and operate their business out of one suite, while collecting rent from the other tenant. An investor can purchase the property and lease out the other 60% vacant square feet and collect a healthy CAP Rate ranging between 4%-6% within the first year of ownership. A developer can take advantage of the property by building a structure that can have magnificent ocean views. Please contact the Listing Agent for a detailed Offering Memorandum on the property.

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August, 2018
Aug 13, 2018

Date

Expired

CRMLS: 170063451

--

Price
Listing provided courtesy of CRMLS

This property is currently vacant with a pending lease agreement. The photos do not reflect the current condition of the property. For a detailed Offering Memorandum, please call the listing agent.

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April, 2013
Apr 2, 2013

Date

Sold (Public Records)

Public Records

--

Price

Tax History for 5544 La Jolla Blvd

Assessed Value (2020): $860,793

Year	Land Value	Improved Value	Assessed Value
2020	$595,937	$264,856	$860,793

About 5544 La Jolla Blvd

Detailed summary of property

5544 La Jolla Blvd is categorized with a use code of Retail Stores ( Personal Services, Photography, Travel) in La Jolla, CA 92037 and last sold on June 12, 2020 for $1,425,000. This property has -- bedrooms, -- bathrooms, roughly 2,628 living square feet, and sits on an approximately 3,263 square foot lot. Homes in La Jolla are selling for a median price of $2,420,000 and a median price per square foot of $1,040. Based on Ardent Real Estate Group's La Jolla Market Data, this home is sold 41.12% lower than the current median priced home. 5544 La Jolla Blvd was last sold on June 12, 2020 for $1,425,000. Local nearby listings include 32395 Outrigger Way #22, 23963 Catamaran Way #16 and 3 Bawley St. The average home in La Jolla, CA is selling in 122 days. There are currently 232 homes for sale in the La Jolla real estate market and 143 of them are single family homes while 73 of them are condos and 16 are townhomes. If you are the homeowner and looking to sell the home at 5544 La Jolla Blvd La Jolla, CA 92037 contact Ardent Real Estate Group and we will put you in touch with one of our La Jolla agents.

Public Facts for 5544 La Jolla Blvd

Public county record property details

Beds: --
Baths: --
Year built: 1963
Sq. Ft.: 2,628
Lot Size: 3,263
Stories: --

Type: Retail Stores ( Personal Services, Photography, Travel)
Pool: No
Spa: No
County: San Diego
Lot#: 25
APN: 357-531-14-00

The source for these homes facts are from public records.

92037 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$2,950,000

Median List Price/Sq.Ft.

$1,251

Median Sold Price

$2,420,000

Median Sold Price/Sq.Ft.

$1,005

Total Inventory

238

Median Sale to List Price %

99.02%

Avg Days on Market

Loan Type

Conventional (43.48%), FHA (0%), VA (0%), Cash (47.83%), Other (8.7%)

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(714) 706-1823

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