Price Reduction - Water Views - New Construction - Master on Main - Seller Financing
Address
7520 Mar La Jolla, CA
Price
$ 2,875,000
Property Attributes
- MLS#200036969
- TypeSingle Family
- CountySAN DIEGO
- CityLa Jolla
- AreaLa Jolla
- NeighborhoodBeverly Heights
- Zip92037
- StyleModern
- Price$ 2,875,000
- Bedrooms4
- Full Bathrooms4
- Half Bathrooms1
- Sqr Footage4910
- Lot Size10,758 SqFt
Listing Provided Courtesy Of:
The Mavin Group West
Property Description
Here's the Diamond in the rough that you've been waiting for with big upside. This Mid Century Modern with a historical designation was designed by the San Diego Architect Homer Delawie. Enjoy expansive 180*panoramic ocean views. Close to La Jolla Country Club, La Jolla Shores, Prospect St Restaurant's and Shops. The property is currently under construction and is 4600 plus or minus sqft including the roughed in framing upstairs and downstairs. 50% completed and conveys with approved plans.SEE SUPPLEMENT This Panoramic Ocean View Mid Century Modern property comes with a historical designation and was designed by the Iconic San Diego Architect Homer Delawie. This project is great for a sophisticated investor or a end user that loves this architectural style. (Historical Designation tax break) Consult your Tax advisor for more clarification. The Seller is open to a 6-8 month Seller carry back. Seller is open to a JV with an investor or a GC. All prospective JV partners must have real estate experience and a good track record in order to be considered. All JV partners will be vetted by Seller's attorney. Seller is currently residing in the existing 2br 2ba 1326 sqft dwelling below the street level. This Mid Century Modern with a historical designation property is under construction and the other square footage that totals the 4600 sqft is only framed in. 4 bedrooms and 4 ½ bathrooms with plans to include another ½ bath in the future home office. There is Potential for a 5th bedroom. Large lot and room for a vanishing edge pool. Copy of Approved plans and inspection card will be furnished upon request. Have had GC bids at $1,000,000 min. Current ARV is $5,500,000 to $6,000,000 based on recent comps.
| Price History | |
|---|---|
| 8/4/2020 | Listed $2,899,000 |
| 10/14/2020 | 1% - $2,875,000 |
General Features
| CFD/Mello-Roos Fee | 0.0 |
|---|---|
| Community | LA JOLLA |
| Cooling | N/K |
| Elevator | Yes |
| Fireplaces | 1 |
| Full Baths | 4 |
| Garage Spaces | 2 |
| HOA Fee | 0.0 |
| Heating | Other/Remarks |
| Laundry | Other/Remarks |
| Neighborhood | Beverly Heights |
| Other Fees | 0.0 |
| Pets Allowed Y/N | Yes |
| Price Per Sq Ft | 585.54 |
| Roof | Rolled/Hot Mop |
| Sale/rent | For Sale |
| Senior Community Y/N | N/K |
| Sewer | Sewer Connected |
| Stories | Split Level |
| Terms | Cash, Conventional, Seller May Carry, Other/Remarks, Cash To Existing Loan |
| Topography | Other/Remarks |
| View | Panoramic Ocean |
| Year Built | 1963 |
Interior Features
| Bedroom 2 Dimensions | 14X12 |
|---|---|
| Bedroom 3 Dimensions | 17X14 |
| Bedroom 4 Dimensions | 14X12 |
| Dining Room Dimensions | 19X10 |
| Equipment | N/K |
| Extra Room 1 Dimensions | 17X18 |
| Family Room Dimensions | 20X28 |
| Fireplace | Other/Remarks |
| Heat Source | Other/Remarks |
| Kitchen Dimensions | 20X9 |
| Laundry Utilities | Other/Remarks |
| Living Area | 4910 |
| Living Room Dimensions | 23X19 |
| Master Bedroom Dimensions | 18X16 |
| Optional Bedrooms | 1 |
| Total Bedrooms | 5 |
Exterior Features
| Covered Parking | Detached, Garage - Two Door |
|---|---|
| Exterior | Unknown |
| Fencing | Other/Remarks |
| Lot Size Area | 7, 500-10, 889 SF |
| Parking Non-garage | Driveway |
| Parkng Non-garaged Spaces | 2 |
| Pool Y/N | N/K |
| Total Parking | 4 |
| Water District | CITY OF SAN DIEGO |
| Water Source | Meter on Property |
Amenities
- Foreclosure
- Views
- Short Sale
- New Construction
- Adult
- Lease To Own
- No HOA Fees
- Furnished
- Master On Main
- Air Conditioning
- Seller Finance
- Green
- Fixer Upper
- Horse
- Golf
- Fireplace
- Deck
- Garage
- Basement
- Pool
Property vs Zip Code Average in 92037
Price
Visits
Year Built
Walkscore
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