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$3,295,000
6 Beds 4 Baths 260011847 MLS ACTIVE Status 521 Arenas Unit 1 And 2 BLDG.
Exceptional coastal investment opportunity just blocks away from iconic Windansea Beach! This versatile property features two spacious 3BR/2BA units, currently operating as successful vacation rentals, offering outstanding flexibility for investors, owner-occupants, or multi-generational living. The larger, upstairs unit showcases beautiful ocean views and a private balcony, while the downstairs unit enjoys its own secluded yard, ideal for seamless indoor-outdoor coastal living. Each unit includes a detached 1 car-garage along with abundant additional off-street parking - a rare and highly valuable amenity in this coveted beachside location. Just moments from world class beaches, renowned dining, upscale shopping, and the vibrant village lifestyle of La Jolla, this is a rare opportunity to own a highly versatile income-producing property in one of South California's most sought-after coastal communities!

521 Arenas St, La Jolla

$4,850,000
5 Beds 5 Baths 260008673 MLS ACTIVE Status
Please do not disturb the tenants and please do not walk on the property!! Shown with accepted offer. 7409-7415 Eads Ave offers an investor the opportunity to own an income producing property in one of the most desirable cities in the United States. Available are 5 very well maintained units located in the Village of La Jolla. The property offers immediate upside in rents as well as the possibility to increase NOI by charging for garages and utility reimbursement. The site includes multiple structures spread out on a large lot including a 2BR/1Bath House, a Studio Cottage, a 1BR/1Bath cottage and 2 1BR/1Bath apartment units situated above 4 garages. The property sits on a .24 ACRE lot so there is development potential to add more units (4 new construction) and convert the 4 garages into dwelling units. This would increase the unit count from the current 5, up to to 9 or 11 total units. Buyer/Developer responsible for their own feasibility study.

7409-7415 Eads Ave, La Jolla

$5,250,000
4330 Beds 3464 Baths 260008602 MLS ACTIVE Status
*** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***3.25% Cap Rate***GRM 19.3***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_! *** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***3.25% Cap Rate***GRM 19.3***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_!

428-38 Rosemont St, La Jolla

$3,650,000
7 Beds 5 Baths 260006839 MLS CLOSED Status Windansea Park BLDG.
We are pleased to present 444 Bonair Street, a well-maintained four-unit multifamily property situated on a generous 0.19-acre parcel in the highly desirable Windansea Beach neighborhood of La Jolla, California. This rare coastal asset provides investors with a stable, income-generating opportunity in one of San Diego’s most exclusive and supply-constrained rental markets. The property offers a balanced and highly functional unit mix, consisting of one (1) one-bedroom, one-bathroom unit of approximately 650 square feet, two (2) two-bedroom, one-bathroom units of roughly 800 square feet each, and one (1) two-bedroom, two-bathroom unit of approximately 1,000 square feet, for a combined 3,250 net rentable square feet. Each residence features a practical layout, ample natural light, and a quiet coastal setting just blocks from the shoreline—ideal for long-term tenancy in a premier beach community. Additional value comes from the property’s strong parking profile, which includes four (4) single-car garages along with ample additional off-street parking, a significant advantage in this dense and highly competitive coastal submarket. Located just one block from Windansea Beach and walkable to La Jolla’s vibrant Village, boutique retail, dining, and recreation amenities, the asset enjoys enduring appeal among quality tenants seeking best-in-class coastal living. With strong historical occupancy, consistent cash flow, and clear upside through interior renovations or future redevelopment, 444 Bonair Street represents an increasingly rare opportunity to acquire a low-maintenance.

444 Bonair St, La Jolla

$5,995,000
8 Beds 8 Baths 260006688 MLS PENDING Status
Steps from the water in the heart of the iconic Village of La Jolla, this premier 8-unit Spanish-style cottage compound across two full-sized parcels represents a rare offering in one of San Diego’s most sought-after coastal settings. Each cottage features one bedroom and one bathroom and is approximately 576 square feet, thoughtfully arranged around a shared central courtyard with a generous lawn, mature trees, and a newer terrace with Trex-style decking. A common laundry room serves all units, while the two cottages closest to the street enjoy oversized private patios. The East lot at 7817–23 Exchange Place (APN 350-122-18-00) spans approximately 7,960 square feet, and the West lot at 7825–31 Exchange Place (APN 350-122-17-00) spans approximately 7,594 square feet. All cottages are individually metered for gas and electricity, and each parcel has its own water service. The property enjoys a tranquil setting within walking distance to La Jolla Cove, highly regarded schools, and the Village’s renowned shops and dining. Year built is an estimate.

7817-31 Exchange Pl, La Jolla

$3,195,000
4 Beds 4 Baths 260006209 MLS CLOSED Status 7319 Cuvier St, Units A And B BLDG.
In the coveted Beach-Barber Tract of La Jolla, this extensively remodeled duplex presents a rare opportunity to own a turnkey property moments from The Village and beaches. Each residence includes 2 bedrooms, 1.5 bathrooms, and 999 square feet of light-filled living space with an open-concept layout designed for modern living. Newly appointed kitchens feature quartz countertops with waterfall islands, custom wood cabinetry, and new appliances. Bathrooms showcase Bedrosians tile and contemporary fixtures, while luxury vinyl plank flooring runs throughout, creating a warm and inviting interior. Glass doors from the living room and primary bedroom open to private, beautifully landscaped yards with patios and lawn areas for each unit, offering seamless indoor-outdoor flow for entertaining and everyday enjoyment. Recent improvements include a new roof, new electrical, new fixtures, and refreshed landscaping, adding to the overall appeal. Each home also has its own one-car garage with laundry. Ideally located near Village shops and restaurants, the Farmers Market, and the Pacific Ocean, the property offers exceptional flexibility for investment, owner-occupancy, or multigenerational living in this sought-after coastal neighborhood.

7319 Cuvier St, La Jolla

$4,025,000
4 Beds 3 Baths 260001282 MLS CLOSED Status N/A BLDG.
Welcome to 383 Westbourne St. - an incredibly rare offering in the coveted Beach Barber Tract of La Jolla, just one block from Windansea Beach. This exceptional coastal residence seamlessly blends refined California beach living with modern luxury, set on an expansive double lot - a rarity in one of La Jolla's most in-demand neighborhoods. The property has undergone a full, comprehensive, thoughtful remodel: including full exterior siding replacement, owned solar, and a complete interior transformation featuring high-end finishes, designer lighting, and top-of-the-line appliances throughout. Every detail of this home has been curated with both elegance and livability in mind. The estate includes a main residence, 1 bed / 1 bath detached guest house with full kitchen, and two-car garage, offering flexibility for guests, extended family, or additional income potential. Outdoor living is exceptional, with generous front and backyard spaces designed for both relaxation and entertaining. Enjoy a built-in grill, above ground spa, custom putting green, and multiple lounge and entertaining areas - all surrounded by lush, mature landscaping and a fully fenced, private yard- your own serene coastal oasis. Whether you're savoring quiet moments at home or taking a short stroll to catch a surf session or sunset, this property delivers the quintessential La Jolla lifestyle. Located in the prestigious Beach Barber Tract, known for its proximity to the ocean, walkability, and timeless appeal, this is truly one of the finest coastal settings in San Diego. Zoned RM-1-1, the property offers future flexibility and development potential, making it equally compelling as a primary residence, second beach home, or long-term investment opportunity. Rarely does a home of this caliber, condition, and location become available. 383 Westbourne Street is a one-of-a-kind, turnkey, coastal retreat- meticulously updated, impeccably maintained, and perfectly positioned in one of La Jolla's most iconic neighborhoods.

383 Westbourne St, La Jolla

$3,300,000
3 Beds 3 Baths 250046186 MLS ACTIVE Status Na BLDG.
The front single-level residence at 370 Nautilus Street is a charming 2-bedroom, 2-bath home with a pool, featuring vaulted ceilings, abundant natural light, and timeless mid-century character. Angled clerestory windows create an airy atmosphere, while the inviting fireplace serves as the heart of the home. Distinctive features include a rock-stone shower in the guest bath, a soaking tub in the primary suite, and a private front-yard pool perfect for entertaining, relaxing, or enjoying sunny coastal days. The rear residence, 372 Nautilus Street, is a private 1-bedroom, 1-bath home situated above two single-car garages with convenient access from North Lane. Offering a peaceful, treehouse-like setting among mature landscaping, this detached residence provides an ideal guest house, rental opportunity, or private retreat. Above, an exceptional rooftop deck features a fire pit, lounge area, and panoramic views of the Pacific Ocean and the surrounding La Jolla hills—creating the perfect backdrop for sunset gatherings and coastal living. Whether you are seeking a multi-unit investment property, a primary residence with supplemental rental income, a family compound, or a future redevelopment opportunity, this rare Windansea offering presents endless possibilities in one of La Jolla’s most desirable beachside neighborhoods. Experience the unique charm, community, and lifestyle that make Windansea Beach one of Southern California’s most treasured coastal destinations. From La Jolla Boulevard, head west along the iconic stretch of Nautilus Street to the Ocean!!! But best of all, witness some of the most spectacular sunsets the eyes can behold.

370-72 Nautilus St, La Jolla

$3,200,000
4 Beds 3 Baths 250041978 MLS CLOSED Status N/A BLDG.
La Jolla Shores' vacation-everyday lifestyle is famed throughout the world for its vast sand beaches with perfect waves for swim or surf, its rugged and picturesque North Shore cliffs, the renowned La Jolla Beach & Tennis Club and chic cafes and restaurants. Just steps from all, this exceptional duplex offers a rare opportunity for a wonderful primary home or vacation residence and/or income. With a detached apartment and superb rental history across all units, the property is both a wonderful retreat and an income-producing gem. The main residence is a unique Tudor Revival with voluminous and modern interiors showcasing soaring open-beam ceilings, an arched front door, leaded-glass windows, skylights and a sunny private patio perfect for al fresco relaxation. With its timeless architecture and consistently strong rental history, this home lives beautifully with easy access to "the village," La Jolla Shores Beach, shops, restaurants, UCSD, Biotech Mesa, and freeways. The detached guest house, privately set above the garage, enjoys its own gated entry and address—an ideal retreat for guests or income. Whether you seek a legacy property, beach house fun, a second home with supplemental income, or a 1031 exchange investment, this property offers a unique opportunity to own a piece of La Jolla Shores history, just a short stroll to world-class dining, kayaking, surfing, and the beach. Property recently appraised at a value of $3,900,000!

2134-36 Paseo Dorado, La Jolla

$5,000,000
13 Beds 13 Baths 250041378 MLS PENDING Status
$250,000 PRICE REDUCTION! 7447-7453 Hershel Avenue Apartments represents a unique value-add and location-driven opportunity in one of San Diego’s most desirable neighborhoods. Situated in La Jolla Village and walking distance to beaches, restaurants, and shopping, the property occupies an “A” location in an area that rarely trades. Originally constructed in 1953, the subject consists entirely of one-bedroom, one-bath units. With targeted interior renovations and exterior upgrades, there is potential to increase rents and overall property value, capturing additional upside in a strong market. Renovated properties with comparable locations are listing units for approximately $6.00/SF in rent. The surrounding market supports sustained demand for multifamily rentals, with a median home sale price of $2.325 million as of June 2025 keeping homeownership out of reach for many and reinforcing the attractiveness of rental housing.

7447 Herschel, La Jolla

$4,000,000
5 Beds 3 Baths NDP2508710 MLS CLOSED Status
Incredible opportunity in the heart of La Jolla Shores! This triplex has been in the same family for decades and is now ready for the next owner to realize its massive potential. Once fixed up, whether it remains a multi-family residential income property, is used as short-term rentals, is redeveloped into luxury condos, or any combination thereof...the opportunity abounds at this .15 acre diamond in the rough. The lot has great frontage, but is also on an alley where there are already 2 garages and an uncovered parking spot, affording particularly attractive parking options in both the near and long term. And if one were to add a second or even a third story, it would not only increase the undersized square footage but also create horizon ocean views. There are multiple examples in the immediate area of what can be done with sites such as this, and this particular location is ideal for its ocean, sand, La Jolla Beach & Tennis Club, and Avenida de la Playa's pedestrian-friendly shopping and dining proximity. Properties with upside like this in La Jolla Shores are exceedingly scarce and offer tremendous potential for any buyer looking to add value! Incredible opportunity in the heart of La Jolla Shores! This triplex has been in the same family for decades and is now ready for the next owner to realize its massive potential. Once fixed up, whether it remains a multi-family residential income property, is used as short-term rentals, is redeveloped into luxury condos, or any combination thereof...the opportunity abounds at this .15 acre diamond in the rough. The lot has great frontage, but is also on an alley where there are already 2 garages and an uncovered parking spot, affording particularly attractive parking options in both the near and long term. And if one were to add a second or even a third story, it would not only increase the undersized square footage but also create horizon ocean views. There are multiple examples in the immediate area of what can be done with sites such as this, and this particular location is ideal for its ocean, sand, La Jolla Beach & Tennis Club, and Avenida de la Playa's pedestrian-friendly shopping and dining proximity. Properties with upside like this in La Jolla Shores are exceedingly scarce and offer tremendous potential for any buyer looking to add value!

8115-17 Camino Del Sol, La Jolla

$4,750,000
1 Beds 1 Baths 230018435 MLS CLOSED Status
504-510 Nautilus Street is an extraordinary mixed-use property located just one block from the ocean in the prestigious beach community of Windansea, La Jolla. The subject offers six residential units and 5,494 square feet of ground floor commercial space. The highly visible property is located on the corner of La Jolla Blvd and Nautilus Street and features coastal views from each of the residential units’ private balcony. 504-510 Nautilus St offers investors the opportunity to upgrade the interior and exterior of the property, and increase rents in order to maximize their return on investment. Similarly located and recently renovated apartments are getting over $5.00 per square foot in rent. The sub-market of La Jolla is one of the most desirable markets in San Diego. The subject property will always be in high demand due to the lack of supply from the scarcity and high cost of developable land. The subject benefits from close proximity to UTC and Torrey Pines, San Diego’s educational and commercial core with one of Southern California’s premier malls at Westfield UTC. With a walk score of 83, the property is walking distance to many of San Diego’s finest restaurants and some the best beaches in the United States.

504-10 Nautilus St, La Jolla

$2,550,000
4 Beds 2 Baths 240000475 MLS CLOSED Status Na BLDG.
***Location***Location***Location***92037*La Jolla Beach Barber Tract***Potential*** Potential*** Potential***Duplex****2 Blocks To Pearl St***6 Blocks To The Pacific Ocean***Village Living***Flat Level Corner Lot (55X126) 6,766 Sq Ft With Alley Access***Currently Duplex With Mature Landscape ***Abundant Variety Of Fruit Trees* Orange* Tangerine* Fig* Avocado* Apple* Lemon* And Pecan Trees***Single Story Living ***Two (2BR/1BA) 775 Sq Ft Each * 1,550 Total Sq Ft***AirBNB $20,000 Mth / $240,000 YR Potential***Live In One/ Rent One***Rent Both**Developers/Investors Create Value***30 Ft Height 2nd Story Potential Allows Two 2,578 Sq Ft SDU For A Total Of 5,156 Sq Ft Plus One ADU 800 Sq ft***Fully Developed Short Term Rental Income In Excess Of $30,000 A Month/$360,000 YR***

7318-20 Draper Ave, La Jolla

$7,500,000
7 Beds 7 Baths 230001876 MLS CLOSED Status
Rosemont at WindanSea, a rare double parcel 9-unit residential community located just yards from WindanSea Beach in La Jolla, CA. Built in 1923 (258 Rosemont upper house w/ units) & 1958 (242 Rosemont lower 4-plex), this offering is comprised of (258 Rosemont) one 3-Bed/2-Bath house, two 1-Bed/1-Bath units, two studios, three garages and the 4-plex (242 Rosemont) which are all spacious 2Bed/2Bath floorplans. The entire property has one water meter and has been operated as 1 community even though these could be broken into 2 separate properties with the addition of a new water meter / sewer line on the lower 4-plex; permits and City approval required. Total rentable square footage equals 7,475 on a total of 17,459 feet of land. Both parcels make up seven (7) lots ideally positioned for "half lot" new townhomes which have been built in the immediate neighborhood - see Plat Map for lot info. This presentation will be ideally situated for the following *: 1. Development a. Aggressive management while receiving rental income through permit and planning process. 2. Capital Infusion a. Upper 258 Rosemont lot based on allowable FAR with City. 4-plex units are in near original condition. 3. Homeowner a. Creates a compound/home on upper 258 parcel while capitalizing on the 242 Parcel 4- plex rental units. 4. Alternative Living a. Preservation minded rental owner to raise rents and/or implement short term rentals, or a hospitality / retreat angle. *buyer to verify all with City of San Diego and feasibility to develop

242-258 Rosemont St, La Jolla

$9,350,000
2 Beds 2 Baths 250026179 MLS CLOSED Status
Back on the Market. Buyer did not perform. Units show very well (Above Average Condition!!!). Welcome to La Jolla and The La Jolla Westwinds Apartments. Included are 12 Very Well Maintained 2BR/2Bath Units averaging 1,025 Sq Ft each. Select units have been upgraded with newer cabinets and countertops. All units include 2 huge walk in closets, in unit stacked washer/dryer, fireplaces, & ceiling fans. The property has a secured front and rear entrance with an intercom system as well as gated tuck under parking. There are a total of 24 parking spaces. Although the units are in above average condition the rents are approximately 10-15% below market. In addition there is immediate upside by initiating a RUBS (Utility Reimbursement) program and also charging for parking and 12 storage lockers. The property is located in the heart of The Village of La Jolla. With a walk score of 98 ("Walker's Paradise) tenants enjoy the convenience of tons of shops, restaurants, schools, theatres, etc. And let's not forget you are within a few blocks to the Pacific Ocean!!!

7601 Eads Ave, La Jolla

$2,800,000
4 Beds 4 Baths 240003455 MLS CLOSED Status -- BLDG.
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.

7137-39 La Jolla Blvd, La Jolla

$3,400,000
4 Beds 4 Baths PTP2402338 MLS CLOSED Status
Awesome opportunity for owner operator!! Quintessential Beach Barber track homes! 4 blocks to the beach and minutes to the Village. Short walk to world class beaches, restaurants, shops, and entertainment. Exceptionally upgraded and all show like models. This special property has 3 turnkey homes. A charming 1940s style La Jolla craftsmen beautifully remodeled with timeless elegance. The Two additional homes are a 1-bedroom cottage & a studio bungalow. Both have been meticulously upgraded & remodeled and include 2 off street parking spots each located on Glenview Ln for additional privacy and laundry room. Awesome opportunity for owner operator!! Quintessential Beach Barber track homes! 4 blocks to the beach and minutes to the Village. Short walk to world class beaches, restaurants, shops, and entertainment. Exceptionally upgraded and all show like models. This special property has 3 turnkey homes. A charming 1940s style La Jolla craftsmen beautifully remodeled with timeless elegance. The Two additional homes are a 1-bedroom cottage & a studio bungalow. Both have been meticulously upgraded & remodeled and include 2 off street parking spots each located on Glenview Ln for additional privacy and laundry room.

621-23 Genter St, La Jolla

$3,050,000
4 Beds 5 Baths 230008276 MLS CLOSED Status N/A BLDG.
Coastal living at its finest! Amazing Beach Barber Tract location steps from Windansea beach, walk to restaurants, coffee shops & minutes to the attractions of La Jolla Village. 3 units- The main house, 405 WESTBOURNE ST has 2BR,2.5BA + separate det room with half bath (can be used as an office, studio, or workout/yoga room). The main house has large living room with high ceilings, fireplace, lots of natural lighting. Updated kit has granite countertops, tiled backsplash, shaker cabinets, stainless steel appliances. Vinyl flooring downstairs. Primary bedroom has vaulted ceilings, walk-in closet, en-suite bath & deck. 405 also has a private spacious fenced-in yard + 1 detached gar & 1 driveway parking space & w/d. 401 WESTBOURNE ST is the downstairs back 1BR/BA unit with living room, kitchen & private patio area + 1 detached gar & 1 driveway parking space. Has dual pane windows & vinyl flooring. 403 WESTBOURNE ST is the back upstairs studio with deck. Underneath the studio is an additional 2 car garage. Updated kitchen – granite countertops, shaker cabinets, tiled backsplash. Vinyl plank flooring. Dual pane windows. 401 & 403 have shared w/d.

401-5 Westbourne St, La Jolla

$3,962,000
5 Beds 5 Baths 240027113 MLS CLOSED Status
We are proud to present 344 Prospect, a rare coastal multifamily asset offering 5 apartment homes in one of SoCal’s most desirable sub-markets, ocean views and a very special underutilized roof-top deck. Built in1961, this asset boasts elegant Beverly Hills style split-level construction with exclusive resident privacy, secure access interior hallways, on-site laundry, storage, interior corridor and reinforced rooftop deck with unlimited possibilities. Total building footprint per assessor records is 6,027 with interior living spaces totaling 4,637 after deducting hallways, etc. Units A &B have exterior patios off the rear doors of 162 and 133 square feet respectively (see detailed rent roll). The top floor's two (2) units were converted with permits to a single large 1500+ sq feet penthouse unit (unit E); ideal for an owner occupant or to remodel and rent out at a premium with the roof-top connection. The other units (A-D) have undergone modest interior upgrades over the years; however, opportunity exists to remodel to modern standards and significantly raise rents to luxury level. There is ample street parking along Prospect and La Jolla Blvd with 3 off-street spaces included in the front. The property has an easement in the rear allowing for ingress / ingress to Scripps Lane below and coastal access. 344 Prospect is a once in a lifetime opportunity to purchase a true A+ location with solid value-add opportunity at below $1000 / sq. ft (based on list price). The asset has ~ 15% immediate upside in rental income thru "new" proactive management and modernizing interiors.

344 Prospect St, La Jolla

$3,800,000
4 Beds 4 Baths 240023037 MLS CLOSED Status Beach Barber Tract BLDG.
Rare opportunity to own two separate Beach Barber Tract duplexes with four units at the bottom of Iconic Nautilus St and Neptune steps to the sand at Wind N Sea Beach. Pride of ownership, privacy, and charm embody these four turn-key units with full designer kitchens, bathrooms, charming brick fireplaces in front units, detached two-car closed garages, and laundry room with peek ocean views from front unit decks. Charming brick courtyards bookend the front and back of the property, where each unit has its red brick patio/deck—walkability score 10, to beaches, restaurants, and a gourmet grocery store—excellent and proven long-term investment value. The property is currently operated as a VRBO; financials can be provided. Buyers can maintain existing income properties or actualize this property’s potential to be developed into two luxury homes with Ocean views, each with its own ADU.

313-319 Nautilus St, La Jolla

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