$4,000,000
SOLD DEC 30, 2024
0.31 Acre
$12,718,601 Price per Acre
13,700 Sq Ft Lot

Recently Sold

16% Below List Price

160 Days on Market

Highlights

  • Peek-A-Boo Views
  • 0.31 Acre Lot
  • No HOA
  • La Jolla Elementary School Rated A

About This Lot

As of December 2024

*** BANKRUPTCY COURT SALE - EQUITY SALE (NOT AN REO, NOT BANK OWNED, AND NOT A SHORT SALE) *** UNIQUE OPPORTUNITY FOR A HOME OR MIXED USE OR MULTI-UNIT PROPERTY IN BEAUTIFUL DOWNTOWN LA JOLLA! 1/3 acre vacant lot, a block from the beach & immediately across from Bishop's School in heart of village of La Jolla. Build from entitled plans by architect CA Marengo or design your own plans for highest & best use.

Last Agent to Sell the Property

Jennifer Toyama

Berkshire Hathaway HomeService Brokerage Phone: 714-501-7132 License #01927057 Listed on: 06/21/2024

Berkshire Hathaway HomeService

Co-Listed By

Clarence Yoshikane

Berkshire Hathaway HomeService Brokerage Phone: 714-501-7132 License #00801398

Berkshire Hathaway HomeService

Last Buyer's Agent

Clarence Yoshikane

Berkshire Hathaway HomeService Brokerage Phone: 714-501-7132 License #00801398

Berkshire Hathaway HomeService

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $58,442

Year Built

  • 1951

Lot Details

  • 0.31 Acre Lot
  • Property is zoned LJPD-5

Property Views

  • Peek-A-Boo Views

Community Details

  • No Home Owners Association
  • La Jolla Subdivision

Listing and Financial Details

  • Legal Lot and Block 17,18 / 15
  • Tax Tract Number 352
  • Assessor Parcel Number 3504111600
  • $101 per year additional tax assessments

Property Details

Property Type

Land

Est. Annual Taxes

$58,442

Year Built

1951

Lot Details

0

Listing Details

  • Possible Use: Commercial, Investment, Multi-Family, Residential
  • Possible Use Comments: MIXED USE, RESIDENTIAL, OR MULTI-FAMILY
  • Subdivision Name Other: La Jolla
  • View: Yes
  • Zoning: LJPD-5
  • Property Type: Land
  • Parcel Number: 3504111600
  • Special Features: RealEstateOwned
  • Property Sub Type: LotsLands
  • Year Built (Public Record): 1951

Interior Features

  • Price Per Square Foot: 291.97

Exterior Features

  • View: Peek-A-Boo

Utilities

  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 13700.00
  • Lot Size Acres: 0.3145

Multi Family

  • Lot Size Area: 13700.0000 Square Feet

Tax Info

  • Tax Block: 15
  • Tax Census Tract: 82.01
  • Tax Lot: 17,18
  • Tax Tract Number: 352
  • TaxOtherAnnualAssessmentAmount: 101.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 21, 2024
Closed on
Nov 11, 2024
Sold by
Ab Capital Llc and Marshack Richard A
Bought by
Horseshoe Reef Llc
Seller's Agent
Jennifer Toyama
Berkshire Hathaway HomeService
Buyer's Agent
Clarence Yoshikane
Berkshire Hathaway HomeService
List Price
$4,750,000
Sold Price
$4,000,000
Premium/Discount to List
-$750,000
-15.79%
Total Days on Market
160
Views
117
Current Estimated Value
$7,048,707

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$3,048,707
Avg. Annual Appreciation
273.43%

Purchase Details

Closed on
Sep 27, 2023
Sold by
Total Lender Solutions Inc
Bought by
Marshack Richard A and Ab Capital Llc

Purchase Details

Closed on
Aug 15, 2019
Sold by
American Coastal Properties Llc
Bought by
7590 La Jolla Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$4,250,000
Interest Rate
3.7%
Mortgage Type
Construction

Purchase Details

Closed on
Feb 6, 2014
Sold by
Lai Grace W and Chan Victor
Bought by
American Coastal Properties Llc

Purchase Details

Closed on
Nov 6, 2013
Sold by
Lai Christopher
Bought by
Lai Grace W

Purchase Details

Closed on
Oct 14, 2012
Sold by
Chan Victor and Chan Lonio
Bought by
Hong Yeong Ching Albert and Yang Jih Jin

Purchase Details

Closed on
Apr 7, 2000
Sold by
Holmes Robert D & Jean Trs
Bought by
Chan Victor and Chan Lonio

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$420,000
Interest Rate
8.3%
Mortgage Type
Seller Take Back
Source: Public Records

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Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Quit Claim Deed $4,000,000 Lawyers Title
Trustee Deed $5,933,651 None Listed On Document
Grant Deed $6,200,000 First American Title Company
Grant Deed $4,500,000 Orange Coast Title
Interfamily Deed Transfer -- Orange Coast Title
Interfamily Deed Transfer -- None Available
Grant Deed $1,850,000 South Coast Title Company
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $427,660 Stand Alone Second
Previous Owner $500,000 Unknown
Previous Owner $4,250,000 Construction
Previous Owner $2,291,656 Commercial
Previous Owner $5,325,000 Commercial
Previous Owner $55,000,000 Commercial
Previous Owner $420,000 Seller Take Back
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
12/30/2024 12/30/24 Sold $4,000,000 -2.4% --
12/03/2024 12/03/24 Pending -- -- --
11/14/2024 11/14/24 Price Changed $4,100,000 -13.7% --
06/25/2024 06/25/24 For Sale $4,750,000 +18.8% --
06/21/2024 06/21/24 Off Market $4,000,000 -- --
Source: California Regional Multiple Listing Service (CRMLS)

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 $58,442 $6,517,306 $6,517,306 --
2023 $79,944 $6,517,306 $6,517,306 $0
2022 $77,820 $6,389,516 $6,389,516 $0
2021 $77,283 $6,264,232 $6,264,232 $0
2020 $54,154 $4,395,756 $4,395,756 $0
2019 $53,187 $4,309,565 $4,309,565 $0
2018 $55,959 $4,753,196 $4,225,064 $528,132
2017 $54,628 $4,659,997 $4,142,220 $517,777
2016 $53,761 $4,568,625 $4,061,000 $507,625
2015 $30,725 $2,606,523 $2,251,595 $354,928
2014 $30,241 $2,555,466 $2,207,490 $347,976
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24127706

California Regional Multiple Listing Service (CRMLS)

APN: 350-411-16