1303 Cave Street, La Jolla, CA 92037
Local realty services provided by:CENTURY 21 Affiliated
Listed by: drew nelson, timothy nelson
Office: willis allen real estate
MLS#:NDP2511218
Source:San Diego MLS via CRMLS
Price summary
- Price:$9,995,000
- Price per sq. ft.:$2,534.23
About this home
A trophy asset in an unbelievable La Jolla location! Perched above the street, overlooking the ocean, caves, and coastal trail, this legacy property offers a unique glimpse of a classic beach cottage to hold & maintain, redevelop, or transform into a single-family residence or multi-generational compound. At the iconic intersection of Prospect & Cave St, this property sits as a pseudo-gatekeeper in the Village as one heads toward the Cove and Scripps Park. Its elevation offers surprising privacy, ocean views and a unique perspective where land & sea meet. Currently configured as five separate units in two connected structures comprised of a 2BR/1BA, two studios, a 3BR/2BA and a 1BR/1BA above four single-car garages with a central courtyard, the property currently generates over $335K annually in gross income as a short term vacation rental, making it a great 1031 exchange opportunity as well. It is immediately recognizable, would be next to impossible to replicate, is immensely valuable in its existing form, has abundant potential and is an opportunity not to be missed.
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Home facts
- Year built:1935
- Listing ID #:NDP2511218
- Added:8 day(s) ago
- Updated:December 12, 2025 at 04:28 PM
Rooms and interior
- Bedrooms:8
- Total bathrooms:5
- Full bathrooms:5
- Living area:3,944 sq. ft.
Structure and exterior
- Year built:1935
- Building area:3,944 sq. ft.
Utilities
- Sewer:Public Sewer
Finances and disclosures
- Price:$9,995,000
- Price per sq. ft.:$2,534.23
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