Occupying a commanding, elevated position at the intersection of Prospect and Cave Street, this site offers one of the rarest opportunities in La Jolla. Perched above the world-renowned sea caves and coastal trail, the property offers a visionary the option to transform it into a single-family estate, a multi-generational compound or to upgrade and maintain the multi-unit rental asset. The property consists of five separate residences across two connected structures - a 3BR/2BA, a 2BR/1BA, a 1BR/1BA and two studios - situated above four single-car garages and centered around a private courtyard. These existing improvements can provide immediate utility and income potential while plans for a future transformation take shape. Yet the true value lies in the land’s extraordinary combination of location and elevation, offering privacy and magnificent views where the Pacific meets the Village. Seize this chance to create a legacy project - an architectural jewel at the entrance to the iconic Cove and Scripps Park - that simply cannot be replicated in today’s landscape.
221 days
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2,308
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70
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Zillow last checked:
Listing updated:
Listed by:
Drew NelsonDRE #01376023dnelson@willisallen.com,
Willis Allen Real Estate,
Timothy NelsonDRE #01801493858-215-3739,
Willis Allen Real Estate
Source: CRMLS,MLS#: NDP2511218Originating MLS: California Regional MLS (North San Diego County & Pacific Southwest AORs)
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Facts & features
Interior
Bedrooms & bathrooms
Bedrooms: 8
Bathrooms: 5
Full bathrooms: 5
Rooms
Room types: Other
Cooling
See Remarks
Appliances
Laundry: See Remarks
Features
Has fireplace: Yes
Fireplace features: See Remarks
Common walls with other units/homes: 2+ Common Walls
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Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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