REAL Estate, Personalized.
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
AVG $5.43M
$2.88M
Visits
AVG 98
118
Year Built
AVG 1989
1963
Walkscore
AVG 41
81
Data Provided by Walkscore ® not using MLS data

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