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$ 9,995,000
Est. payment /mo
Active
1303-15 Cave Street La Jolla, CA 92037
8 Beds
5 Baths
6,403 Sqft Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID NDP2511238
Bedrooms 8
Lot Size 6,403 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
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 lands 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 todays landscape.
Location
State CA
County San Diego
Zoning Assessor
Direction Torrey Pines > Prospect > Cave Street
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 3
Level or Stories 3
Others
Senior Community No
Tax ID 3501210100
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Listed by Drew Nelson, DRE#01376023 Willis Allen Real Estate
NEARBY SCHOOL & BUSINESS