We are excited to offer for sale a superbly located multifamily property/redevelopment site in La Jolla, just 3.5 blocks from Marine Street Beach, on a prominent La Jolla commercial/mixed-use thoroughfare, within walking distance to top-tier schools, shopping, dining, several beaches and parks. Currently featuring five (5) 1950s-vintage single-story units, buildings/interiors are in need of some improvement in order to be able to capture upper market rents relative to the area, yet the true value lies in the land and its redevelopment potential. The Property sits in the Complete Communities Coastal Height Overlay Zone, allowing for up to a 2.5 FAR (or a max building size of +/-12,637 SF) for new CCHS development, if the proper guidelines adhered to, including some lower income unit(s). Base zoning is LJPD-4, allowing for about a 1.3 FAR build out by right, if all market rate units are desired. Current unit mix consists of: Two (2) studios); Two (2) 1Br/1Ba units; and One (1) 2Br/1Ba unit. There are three (3) surface off-street parking spaces in the front. This is a rare opportunity to acquire and re-develop a mixed-use trophy asset in one of California's most coveted ultra-premium coastal sub-markets, just steps from world class beaches, dining, and shopping. Great for someone with their own business and the capacity to develop a class 'A' storefront on a prominent La Jolla street, with ideally situated multifamily units for strong added income potential after full build out. Ocean view potential via new construction at max. allowable building height.
This exceptional opportunity is located steps from the beach in the Village of La Jolla and walking distance from San Diego's most coveted amenities. The property consists of an SFR/retail/residential flex space and ten studio units, three one-car garages to the rear of the property with alley access and four surface parking spots off La Jolla Blvd, new roofing over the garages and front house sections, new garage doors, recently replaced wood fencing on the first level. Each unit boasts large enclosed patios, new interior electrical subpanels, upgraded windows in select units. Call or text for a full marketing package.
Variance granted 2-4 Units - Set on an exceptionally rare 1.18-acre flat, usable lot in La Jolla, this beautifully renovated property offers outstanding space and flexibility in a highly sought-after location. The main residence has been thoughtfully updated with quality finishes and provides a comfortable, move-in-ready home with opportunity for future enhancement. A major highlight is the fully renovated 2-bedroom casita, ideal for extended family, guests, a private office, or potential rental use—an uncommon and valuable feature in La Jolla. The expansive grounds feature open green space with ample room for a pool, sport court, gardens, or enhanced outdoor entertaining. The scale and layout of the lot allow for privacy, creative landscaping, and long-term vision rarely available in this coastal community. Conveniently located near beaches, top-rated schools, shopping, dining, and major access routes, this is a unique opportunity for buyers seeking land, versatility, and future potential in one of San Diego’s most desirable neighborhoods.
From La Jolla Boulevard, turn west onto the iconic, tree-lined stretch of Nautilus Street and arrive at one of the Pacific Coast’s most coveted settings—Windansea Beach. This two-unit property, located on the north side of the street, offers exceptional versatility, lifestyle appeal, and long-term value within one of La Jolla’s most desirable neighborhoods. The front residence, 370 Nautilus, is a two-bedroom, two-bath home featuring vaulted ceilings and a timeless mid-century character. Natural light fills the interior through angled clerestory windows, while the fireplace creates an inviting atmosphere that evokes warmth, comfort, and a true sense of arrival. Thoughtful details include a rock-stone shower in the guest bath and a soaking tub in the primary suite. A private front-yard pool completes the setting—ideal for entertaining, unwinding, or enjoying the ease of coastal living. The rear residence, 372 Nautilus, is positioned above a two-car garage with access from North Lane. This one-bedroom, one-bath retreat offers a relaxed, treehouse-like feel. Continue upward to an exceptional rooftop deck featuring a fire pit, lounge seating, and sweeping views of the Pacific Ocean and the surrounding La Jolla hills—an inspiring space for sunset gatherings or quiet moments of reflection. Whether you envision a multi-unit investment, living in one home while renting the other, or creating a future custom coastal estate like many neighboring properties, the potential here is significant. Experience what the Windansea Beach community truly offers.
From La Jolla Boulevard, turn west onto the iconic, tree-lined stretch of Nautilus Street and arrive at one of the Pacific Coast’s most coveted settings—Windansea Beach. This two-unit property, located on the north side of the street, offers exceptional versatility, lifestyle appeal, and long-term value within one of La Jolla’s most desirable neighborhoods. The front residence, 370 Nautilus, is a two-bedroom, two-bath home featuring vaulted ceilings and a timeless mid-century character. Natural light fills the interior through angled clerestory windows, while the fireplace creates an inviting atmosphere that evokes warmth, comfort, and a true sense of arrival. Thoughtful details include a rock-stone shower in the guest bath and a soaking tub in the primary suite. A private front-yard pool completes the setting—ideal for entertaining, unwinding, or enjoying the ease of coastal living. The rear residence, 372 Nautilus, is positioned above a two-car garage with access from North Lane. This one-bedroom, one-bath retreat offers a relaxed, treehouse-like feel. Continue upward to an exceptional rooftop deck featuring a fire pit, lounge seating, and sweeping views of the Pacific Ocean and the surrounding La Jolla hills—an inspiring space for sunset gatherings or quiet moments of reflection. Whether you envision a multi-unit investment, living in one home while renting the other, or creating a future custom coastal estate like many neighboring properties, the potential here is significant. Experience what the Windansea Beach community truly offers. But best of all, witness some of the most spectacular sunsets the eyes can behold.
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.
La Jolla is located in California.
