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La Jolla Multifamily Investment Opportunity
For Sale
$3,295,000

521 Arenas St, La Jolla, CA 92037

MULTI_FAMILY - La Jolla, CA

Property Size2,200 SF
Lot Size0.09 Acres
Price / SF$1,497
Days on Market78

Property Features for 521 Arenas St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning Duplex
Bedrooms 6
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 3, Bathroom 2, Bedroom 2, Bathroom 3, Bathroom 1, Bedroom 5, Bathroom 4, Bedroom 1, Bedroom 6, Bedroom 4
Subdivision LA JOLLA
View Ocean
Standard status Active
APN 351-151-01-00
Size 2,200 SF
Lot size 0.09 Acres

Building Details

Year built 1973
Floors in Building 2
Number of units 2
Listing Agency: Pacific Real Estate Center
Listed By: Markus Feldmann · License #01250179
Added: May 15 Changed: Jul 23 Last Checked: Jul 31 at 6:06AM
MLS# 260011847

Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This multifamily property in La Jolla, California, presents an investment opportunity near Windansea Beach. The property includes two units, each featuring three bedrooms and two bathrooms. Currently operating as vacation rentals, the property offers flexibility for investors, owner-occupants, or multi-generational living. The upstairs unit provides ocean views and a private balcony. The downstairs unit includes a secluded yard, facilitating indoor-outdoor living. Each unit has a detached one-car garage, along with additional off-street parking. The property is located moments from beaches, dining, shopping, and the village of La Jolla. The lot size is 0.0918 acres, and the property size is 2200 square feet. The zoning is Duplex.

Key Highlights

  • Built in 1973 and arranged as two separate 3BR/2BA units currently operating as vacation rentals
  • Upstairs unit features ocean views and a private balcony
  • Downstairs unit includes its own secluded yard for indoor‑outdoor living

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Restaurant Dental Office Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy
Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,362
Businesses Nearby

Demographics for 92037, CA

41,260
Population
19,628
Households
2.1
Avg Household Size
43
Median Age
76%
College-Educated
98%
High-School Grad
12.0 sq mi
ZIP Area
3,438
Density / Sq Mi
$141,822
Median Household Income
$64,545
Median Earnings
$2,632
Median Rent
$1,857,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Versatile income property near Windansea Beach, La Jolla.
Where is this duplex located?
The property is located at 521 Arenas St La Jolla, CA.
What is the asking price?
The asking price for this property is $3,295,000.
What are key features of this property?
This property features: Built in 1973 and arranged as two separate 3BR/2BA units currently operating as vacation rentals; Upstairs unit features ocean views and a private balcony; Downstairs unit includes its own secluded yard for indoor‑outdoor living
More about this property
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