La Jolla Residential Income
1303 Cave Street 15, La Jolla, CA 92037
Residential Income - La Jolla, CA
Property size:
3,944 SFLot size:
6,403.00 AcresPrice / SF:
$2,534/SF- Added:
- Dec 3, 2025
- Days on Market:
- 170
- Last Refresh:
- May 22 at 4:06 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
Listing agent Drew Nelson License #01376023 (858) 459-4033
Listing office Willis Allen Real Estate 1131 Wall St, La Jolla, CA (858) 459-4033
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.
HighLights
- 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.
- Existing improvements include five separate residences providing immediate utility and income potential.
- Located above world‑renowned sea caves and coastal trail.
- Four single‑car garages and a private courtyard are included.
Overview
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
Location Intelligence
Current Use by Public Records
Apartment buildings
Location Insight
- Map
- Local Demand
- City
- La Jolla
- County
- San Diego
- State
- California
- Longitude
- -117.25
- Latitude
- 32.8548
Nearby Similar for Sale
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.
