PRIME DUPLEX PROPERTY WEST OF LA JOLLA BOULEVARD! Endless opportunity for investment, possibility of development, renovation in a superb Beach-Barber Tract location just steps to beaches and village. Each cottage, currently rented, offers 3 bedrooms and two full bathrooms, full kitchen, and private laundry with two alley parking spaces per residence. Exceptional land can value exceed current use. Seize this rare offering in this fantastic, sought-after neighborhood.
Offered on the open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return.
Exceptional coastal investment opportunity just blocks away from iconic Windansea Beach! This versatile property features two spacious 3BR/2BA units, currently operating as successful vacation rentals, offering outstanding flexibility for investors, owner-occupants, or multi-generational living. The larger, upstairs unit showcases beautiful ocean views and a private balcony, while the downstairs unit enjoys its own secluded yard, ideal for seamless indoor-outdoor coastal living. Each unit includes a detached 1 car-garage along with abundant additional off-street parking - a rare and highly valuable amenity in this coveted beachside location. Just moments from world class beaches, renowned dining, upscale shopping, and the vibrant village lifestyle of La Jolla, this is a rare opportunity to own a highly versatile income-producing property in one of South California's most sought-after coastal communities!
Major Price Reduction. Do not miss this opportunity to own this La Jolla Village Gem. Please do not disturb the tenants and please do not walk on the property!! Shown with accepted offer. 7409-7415 Eads Ave offers an investor the opportunity to own an income producing property in one of the most desirable cities in the United States. Available are 5 very well maintained units located in the Village of La Jolla. The property offers immediate upside in rents as well as the possibility to increase NOI by charging for garages and utility reimbursement. The site includes multiple structures spread out on a large lot including a 2BR/1Bath House, a Studio Cottage, a 1BR/1Bath cottage and 2 1BR/1Bath apartment units situated above 4 garages. The property sits on a .24 ACRE lot so there is development potential to add more units (4 new construction) and convert the 4 garages into dwelling units. This would increase the unit count from the current 5, up to to 9 or 11 total units. Buyer/Developer responsible for their own feasibility study.
***PRICED TO SELL*** Value Add Upside Potential***Renovate Ready**Rent Reposition***Ay Carumba Stabilized Coastal Multifamily Asset Market Value $6,900,000***Mediterranean Coastal Affluent Community Highly Walkable Coastal Lifestyle With Proximity To Coastal Amenities & Employment Centers*** Year Round Mild Temperatures Ranging Mid-50s to Mid-70s***92037***La Jolla Driven By Education*Healthcare*Biotechnology*Research*Tourism*Professional Services*Provide A Strong Economic Base Which Support Upscale Single Family Homes*Luxury Condominiums*Apartment Buildings* A Local Commercial Corridor Offering Convenient Access To Retail, Dining, And Personal Services Within Walking Distance Sustaining Long Term Rental Desirability & Investment Stability***0.2 Miles To Neptune/ WINDNSEA Beach *Coastal Bluff With Pacific Ocean Views ***6 Units***Total 4,571Sq Ft Of Living Area***(4/6 renovation ready and vacant)***Two 2BR/2BA approx 900 Sq ft***Two 2BR/1BA approx 800 sq ft***Two 1BR/1BA approx 600 SqFt***On A Flat Level 9,227 (95 x100) Sq Ft Prominent Usable Corner Lot Providing Dual Street Frontage (Rosemont & Electric) With Alley Access Providing Enhanced Accessibility & 4 One Car Garages (10x24)***$29,800 Long Term Monthly Market Rent/ $357,600 YR***5.55% Cap Rate***GRM 12.6***Holy Schmoly Short Term/AIRBNB Monthly Rent $50,000/$600,000 YR*** Ability to Generate Additional $127K+ per Year Converting Four (10x24) 240 Sq Ft Garages into Studios Renting For $2,650 Mth*** Going Going Gon_!
RM-7 Zoning for Medical Building/Clinic. Has worked very well for doctors dentists and chiropractors. Currently used as three residential rental units. All thermopane dual-glazed windows, updated kitchens & baths, porcelin tile flooring & enclosed cement patios. Cute & well maintained as-is, but possibilities include a new medical facility plus living quarters. Several interior walls call be easily moved for different configurations. Two short blocks to sandy Windansea Beach. Enjoy the ocean breezes & the wonderful climate La Jolla offers.
The front home is a single-level residence at 370 Nautilus Street is a charming 2-bedroom, 2-bath home with a pool, featuring vaulted ceilings, abundant natural light, and timeless mid-century character. Angled clerestory windows create an airy atmosphere, while the inviting fireplace serves as the heart of the home. Distinctive features include a rock-stone shower in the guest bath, a soaking tub in the primary suite, and a private front-yard pool perfect for entertaining, relaxing, or enjoying sunny coastal days. The rear residence, 372 Nautilus Street, is a private 1-bedroom, 1-bath home situated above two single-car garages with convenient access from North Lane. Offering a peaceful, treehouse-like setting among mature landscaping, this detached residence provides an ideal guest house, rental opportunity, or private retreat. Above, an exceptional rooftop deck features a fire pit, lounge area, and panoramic views of the Pacific Ocean and the surrounding La Jolla hills—creating the perfect backdrop for sunset gatherings and coastal living. Whether you are seeking a multi-unit investment property, a primary residence with supplemental rental income, a family compound, or a future redevelopment opportunity, this rare Windansea offering presents endless possibilities in one of La Jolla’s most desirable beachside neighborhoods. Experience the unique charm, community, and lifestyle that make Windansea Beach one of Southern California’s most treasured coastal destinations. From La Jolla Boulevard, head west along the iconic stretch of Nautilus Street to the Ocean!!!
The front home is a single-level residence at 370 Nautilus Street is a charming 2-bedroom, 2-bath home with a pool, featuring vaulted ceilings, abundant natural light, and timeless mid-century character. Angled clerestory windows create an airy atmosphere, while the inviting fireplace serves as the heart of the home. Distinctive features include a rock-stone shower in the guest bath, a soaking tub in the primary suite, and a private front-yard pool perfect for entertaining, relaxing, or enjoying sunny coastal days. The rear residence, 372 Nautilus Street, is a private 1-bedroom, 1-bath home situated above two single-car garages with convenient access from North Lane. Offering a peaceful, treehouse-like setting among mature landscaping, this detached residence provides an ideal guest house, rental opportunity, or private retreat. Above, an exceptional rooftop deck features a fire pit, lounge area, and panoramic views of the Pacific Ocean and the surrounding La Jolla hills—creating the perfect backdrop for sunset gatherings and coastal living. Whether you are seeking a multi-unit investment property, a primary residence with supplemental rental income, a family compound, or a future redevelopment opportunity, this rare Windansea offering presents endless possibilities in one of La Jolla’s most desirable beachside neighborhoods. Experience the unique charm, community, and lifestyle that make Windansea Beach one of Southern California’s most treasured coastal destinations. From La Jolla Boulevard, head west along the iconic stretch of Nautilus Street to the Ocean!!! But best of all, witness some of the most spectacular sunsets the eyes can behold.
La Jolla is located in California.
