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1303 Cave Street 15 La Jolla, CA 92037

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For Sale
$9,995,000

Residential Income - La Jolla, CA

Property size:
3,944 SF
Lot size:
6,403.00 Acres
Added:
Dec 3, 2025
Days on Market:
120
Last Refresh:
Apr 2 at 6:06 pm

Property Features for 1303 Cave Street 15

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
R-1:Single Fam-Res
Bedrooms
8
Rooms
Bedroom 1, Bedroom 2, Bedroom 3, Bedroom 4, Bedroom 5
Parking
4
Exterior features
Community Features Included: Curbs, Sidewalks, 0-1 Unit/Acre
Standard status
Active
APN
3501210100
Size
3,944 SF
Lot size
6,403.00 Acres

Building Details

Year built
1935
Floors in Building
3
Number of units
5
Architectural style
Other

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Listing Contact
Drew Nelson

Listing agent Drew Nelson License #01376023

Listing office Willis Allen Real Estate 1131 Wall St, La Jolla, CA

Listing date Dec 3, 2025

MLS# NDP2511238 Listing URL

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

La Jolla Residential Income Opportunity

This property, situated at the intersection of Prospect and Cave Street in La Jolla, offers a rare opportunity. Located above sea caves and the coastal trail, the property can be transformed into a single-family estate, a multi-generational compound, or the existing multi-unit rental asset can be upgraded and maintained. The property consists of five separate residences across two connected structures: a 3-bedroom, 2-bathroom unit; a 2-bedroom, 1-bathroom unit; a 1-bedroom, 1-bathroom unit; and two studios. These residences are situated above four single-car garages and centered around a private courtyard. The existing improvements offer immediate utility and income potential while plans for a future transformation take shape. The property's value lies in its location and elevation, offering privacy and views where the Pacific meets the Village. The lot size is approximately 0.146 acres. The property size is 3944 square feet. The zoning is R-1:Single Fam-Res.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
La Jolla
County
San Diego
State
California
Longitude
-117.25
Latitude
32.8548

FAQs

What type of property is this?
Apartment building - Rare opportunity to transform or maintain multi-unit rental asset.
Where is this apartment building located?
The property is located at 1303 Cave Street 15 La Jolla, CA.
What is the asking price?
The asking price for this property is $9,995,000.
What are key features of this property?
This property features: Rare opportunity in La Jolla at Prospect and Cave Street.; **Extraordinary location and elevation offering privacy and magnificent views of the Pacific Ocean and Village.**; Development potential to transform into a single‑family estate, multi‑generational compound, or upgraded multi‑unit rental.
More about this property
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