FOR_SALERisky Deal153 days on market

116 Nob Ave

116 Nob Ave, Del Mar, CA 92014, Del Mar, CA 92014
$12,500,000
Zestimate®:$11,784,700

Listing Price

Property image 1
116 Nob Ave, Del Mar, CA 92014
Loc: Del Mar, CA
Days Listed
153
Tax Assessed
$9364k
Zestimate®
$11785k
Market Rate
Lot Size
0.33 acres
Rent Estimate
$33,643/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

9

Del Mar Heights Elementary School

K-6
0.5 mi away
8

Earl Warren Middle School

7-8
3.5 mi away
10

Torrey Pines High School

9-12
2.1 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
2.00%
Total ROI
-0.3%
Cash Flow
$-42,392/mo
DSCR
0.33
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-06Listed for sale$12,500,000$2,297
2022-08-15Sold$9,000,000$1,654
2022-08-10Pending sale$9,495,000$1,745
2022-06-06Listed for sale$9,495,000$1,745
2020-07-07Listing removed$7,995,000$1,469
2020-07-07Listed for sale$7,995,000$1,469
2020-07-03Sold$7,000,000$1,287
2020-06-03Pending sale$7,995,000$1,469
2020-05-01Listed for sale$7,995,000$1,469
2014-09-04Sold$5,210,000$958
2014-07-06Listed for sale$5,495,000$1,010
2014-06-27Sold$4,948,671$910
2014-04-10Price change$5,950,000$1,094
2014-03-12Price change$6,200,000$1,139
2014-02-04Price change$6,450,000$1,185
2013-10-23Listed for sale$6,750,000$1,241
2007-09-05Sold$2,450,000$450
1998-12-10Sold$820,000$151
1997-07-10Sold$660,000$121

Tax History

YearProperty TaxTax Assessment
2025$100,492.24$9,363,600
2024$98,636.1$9,180,000
2023$96,606.52$9,000,000
2022$77,087.76$7,140,000
2021$74,409.9$7,000,000
2020$62,084.72$5,725,469
2019$59,785.14$5,613,206
2018$58,322.63$5,503,145
2017$57,309.64$5,395,241
2016$55,513.42$5,289,452
2015$54,757.54$5,210,000
2014$45,112.18$4,285,696
2013$0$3,414,327
2012$0$2,955,223
2011$0$2,358,062
2010$0$2,493,076
2009$0$2,499,000
2008$0$2,450,000
2007$0$972,342
2006$0$953,278
2005$0$934,587
2004$0$904,163
2003$0$887,593
2002$0$870,190
2001$0$853,128
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
5
Baths
6
Sq Ft
5,441
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $12,500,000Rent Basis: Observed Comp Model ($33,643/mo)State Tax Benchmark: 0.75% (CA)Hazard Reserve: $6,250/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
1.33%

NOI: $165,634/yr

Cash-on-Cash Yield
-21.3%

On $2,875,000 invested

DSCR Ratio
0.21x

Negative debt coverage

5-Yr Leveraged ROI
+-12.4%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.75% of basis)-$5,852/mo
Homeowner / Hazard Insurance-$6,250/mo
Vacancy Reserve (5% of rent)-$1,682/mo
Repairs & Maintenance (10% of rent)-$3,364/mo
Property Management (8% of rent)-$2,691/mo
Total Pure Operating Expenses-$19,840/mo
Net Investor Cash Flow
Gross Scheduled Rent+$33,643/mo
Less: Operating Expenses-$19,840/mo
Net Operating Income (NOI)+$13,803/mo
Less: Debt Service (30yr @ 6.75%)-$64,860/mo
Net Cash Flow
$-51,057/mo
$-612,683/year
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