NOT LISTED FOR SALE

7137-39 La Jolla Blvd San Diego, CA 92037

The Village Neighborhood

Estimated Value: $2,790,000 - $2,926,000

4 Beds
4 Baths
2,800 Sq Ft
$1,017/Sq Ft Est. Value

Last Sold April 05, 2024

Last sale price $2,800,000 $1,000 Per Sq Ft

Est. 2% increase in value since last sale

Current estimated payment $16,734/month

38 Days on Market

Highlights

  • Fireplace
  • Property is Fully Fenced
  • 4-minute walk to Mt. Soledad National Veterans Memorial
  • La Jolla Elementary School Rated A

About This Home

As of April 2024

This exceptional duplex offers the privacy and ambience of two individual single-family homes, Impeccably maintained, bright and in move-in perfect condition within a stroll to picturesque WindanSea Beach, the Sunday Farmer's Market, schools, shops and restaurants. Each living room and master bedrooms enjoy wood-burning fireplaces. In upscale townhouse style one home features a fantastic solarium and outdoor patio for entertaining. With a two-car garage and expansive driveway parking space, convenience is at the forefront. Whether you are seeking a multi-generational living arrangement, an investment opportunity, or simply a serene beachside retreat, this duplex offers the ideal blend of ease and functionality. Don't miss the chance to make this your dream home in one of the most coveted locations, where every day feels like a vacation.

Last Agent to Sell the Property

Greg Noonan

Berkshire Hathaway HomeServices California Properties License #00655720 Listed on: 02/16/2024

Berkshire Hathaway HomeServices California Properties

Co-Listed By

Conor Noonan

Berkshire Hathaway HomeServices California Properties License #01944898

Last Buyer's Agent

Monroe Herington

eXp Realty of California, Inc. License #01930053

eXp Realty of California, Inc.

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $8,927

Year Built

  • Built in 1966

Lot Details

  • 5,499 Sq Ft Lot
  • Property is Fully Fenced

Home Design

  • Composition Roof
  • Stucco Exterior

Interior Spaces

  • 2-Story Property
  • Fireplace

Utilities

  • Heating System Uses Natural Gas
  • Separate Water Meter
  • Gas Water Heater

Listing and Financial Details

  • Assessor Parcel Number 351-151-27-00

Community Details

Pet Policy

  • Pets Allowed

Additional Features

  • 2 Units
  • Net Operating Income $83,000

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$8,927

Year Built

Built in 1966

Lot Details

0

Listing Details

  • Class: 2-4 UNITS
  • Type: Res Income 2-4 Units
  • Market Area: Coastal South
  • Cross Street: Rushville St
  • Neighborhood: Beach-Barber Tract
  • Stories: 2 Story
  • Sale Price List Price: 1.0
  • Total Stories: 2
  • Year Built: 1966
  • Allow Comments Review: Yes
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Prkng Non Garage Spac U1: 1
  • Prkng Non Garage Spac U2: 1
  • Special Features: None
  • Property Sub Type: MultiFamily

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full
  • Roof: Composition

Utilities

  • Sewer/Septic: Sewer Connected
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heat Equipment: Fireplace, Forced Air Unit

Condo/Co-op/Association

  • Pets Allowed: Yes
  • Community: LA JOLLA

Lot Info

  • Lot Size: 4,000-7,499 SF
  • Assessor Parcel Number: 351-151-27-00
  • Estimated Lot Sq Ft: 5499
  • Estimated Number of Acres: 0.13

Multi Family

  • No. of Units: 2
  • Actual Net Operating Income: 83000
  • Annual Expense Actual: 48000
  • Gross Rent Multiplier Actual: 23.0
  • Gross Sched Income Actual: 128400
  • Number Of Buildings: 1
  • Number Of Units With Dishwashers: 2
  • Number Of Units With Dryers: 2
  • Number Of Units With Fireplaces: 2
  • Number Of Units With Garage: 2
  • Number Of Units With Patios: 1
  • Number Of Units With Range Oven: 2
  • Number Of Units With Refrigerator: 2
  • Number Of Units With Washers: 2

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 22, 2025
Sold by
Herington Monroe
Bought by
Monroe Herington Revocable Trust and Herington
Total Days on Market
38
Current Estimated Value
$2,848,471

Purchase Details

Listed on
Feb 16, 2024
Closed on
Apr 5, 2024
Sold by
Formica Family Trust and Formica Vito
Bought by
Herington Monroe
Seller's Agent
Greg Noonan
Berkshire Hathaway HomeServices California Properties
Buyer's Agent
Monroe Herington
eXp Realty of California, Inc.
List Price
$2,795,000
Sold Price
$2,800,000
Premium/Discount to List
$5,000
0.18%
Views
149

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.49%
Original Mortgage
$2,100,000
Interest Rate
6.9%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Aug 23, 2021
Sold by
Formica Vito and Formica Family Trust
Bought by
Formica Family Trust

Purchase Details

Closed on
Nov 9, 1999
Sold by
Vito Formica and Vito Shirley L
Bought by
Formica Vito and Formica Shirley

Purchase Details

Closed on
Nov 17, 1997
Sold by
Heintzberger Gerald T
Bought by
Formica Vito and Formica Shirley L

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.33%

Purchase Details

Closed on
Jul 18, 1997
Sold by
Heintzberger Gerald T
Bought by
Heintzberger Gerald T
Source: Public Records

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Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Monroe Herington Revocable Trust -- None Listed On Document
Herington Monroe $2,800,000 California Title Company
Formica Family Trust -- None Available
Formica Vito -- --
Formica Vito $462,500 Old Republic Title Company
Heintzberger Gerald T -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Herington Monroe $2,100,000
Previous Owner Formica Vito $700,000
Previous Owner Formica Vito $100,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/05/2024 04/05/24 Sold $2,800,000 +0.2% $1,000 / Sq Ft
03/26/2024 03/26/24 Pending -- -- --
02/16/2024 02/16/24 For Sale $2,795,000 -- $998 / Sq Ft
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $8,927 $723,999 $469,628 $254,371
2023 $8,730 $709,804 $460,420 $249,384
2022 $8,498 $695,888 $451,393 $244,495
2021 $8,440 $682,244 $442,543 $239,701
2020 $8,338 $675,250 $438,006 $237,244
2019 $8,189 $662,011 $429,418 $232,593
2018 $7,656 $649,032 $420,999 $228,033
2017 $7,475 $636,307 $412,745 $223,562
2016 $7,356 $623,831 $404,652 $219,179
2015 $7,247 $614,461 $398,574 $215,887
2014 $7,133 $602,426 $390,767 $211,659
Source: Public Records

Agents Affiliated with this Home

  • Greg Noonan

    Seller's Agent in 2024

    Greg Noonan

    Berkshire Hathaway HomeServices California Properties

    (858) 400-8770

    36 in this area

    213 Total Sales

    Greg Noonan
    Section Image
  • Conor Noonan

    Seller Co-Listing Agent in 2024

    Conor Noonan

    Berkshire Hathaway HomeServices California Properties

    (858) 337-9397

    9 in this area

    51 Total Sales

    Conor Noonan
    Section Image
  • Monroe Herington

    Buyer's Agent in 2024

    Monroe Herington

    eXp Realty of California, Inc.

    (619) 929-6546

    2 in this area

    90 Total Sales

    Monroe Herington
    Section Image
See All Agents

Map

Source: San Diego MLS

MLS Number: 240003455

San Diego MLS

APN: 351-151-27

California San Diego County San Diego 92037 The Village

7137-39 La Jolla Blvd, San Diego, CA

This home is located at 7137-39 La Jolla Blvd, San Diego, CA 92037 since 16 February 2024 and is currently estimated at $2,848,471, approximately $1,017 per square foot. This property was built in 1966. 7137-39 La Jolla Blvd is a home located in San Diego County with nearby schools including La Jolla Elementary School, Muirlands Middle School, and La Jolla High School.

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