La Casa del Barrio pays $3,500,000 for a fourth Ocean Park property
La Casa del Barrio, LLC has bought 2016 Calle España in Ocean Park, Santurce, for $3,500,000, in a deed dated November 2, 2026. The property sits next door to 2018 Calle España, which the company bought in December 2024, and it is the company's fourth purchase on the same block.
Double its 2021 price
The sellers are the owners who bought the property for $1,700,000 in a deed recorded on August 31, 2021. The new price is 106% higher, five years later.
The house was advertised for sale from March 5, 2024, at $1,700,000 in some ads and $1,875,000 in others, as a four-bedroom, four-bathroom home built in 1976 on a lot of about 405 square meters. The company paid 87% more than the higher of those asking prices.
A block taking shape
The company's first two purchases were recorded on December 30, 2024: 2018 Calle España for $2,722,500 and 2020 Calle España for $1,527,500. Residential use permits for both were filed in February 2025 and construction permits on August 20, 2025, all recorded as approved. On May 27, 2026, the company recorded the merger of 2018 and 2020 Calle España into a single property, and on September 15, 2026, it paid $1,467,000 for a property on Calle Cacique, on the same block.
With this deed the company has paid $9,217,000 across four purchases. This is its highest price so far: the deed lists 412.5 square meters, against 557 square meters for 2018 Calle España, which cost $2,722,500.
