CA > La Jolla (san Diego)
La Jolla (san Diego), CA 92037,1303 Cave Street
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La Jolla (san Diego), CA 92037,1303 Cave Street
La Jolla (san Diego), CA 92037,1303 Cave Street
La Jolla (san Diego), CA 92037,1303 Cave Street
La Jolla (san Diego), CA 92037,1303 Cave Street
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Garrick Yan

Garrick Yan

+1(510) 999-8008
Listed by Drew Nelson • Willis Allen Real Estate
$ 9,995,000
Est. payment /mo
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Active

1303 Cave Street La Jolla (san Diego), CA 92037

3,944 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Other

Listing Status Active

Purchase Type For Sale

Square Footage 3,944 sqft

Price per Sqft $2,534

MLS Listing ID CRNDP2511238

HOA Y/N No

Year Built 1935

Lot Size 6,403 Sqft

Property Sub-Type Other

Source Datashare California Regional

Property Description

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.

Location

State CA

County San Diego

Interior

Fireplace No

Laundry See Remarks

Bay East Association of Realtors
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
Garrick Yan

Garrick Yan

Team Leader | CA BRE #01916102

+1(510) 999-8008

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