Two detached residences with separate street addresses—6319 Electric Avenue and 6320 Dowling Drive—are offered together on one parcel in La Jolla Gables. Near Windansea Beach and La Jolla’s shops and restaurants, the property offers an opportunity to own a coastal rental property and explore future possibilities, subject to buyer investigation and applicable approvals. Dowling Drive interior photos were taken approximately 2½ years ago and may not reflect its current condition. Income and expense figures are approximate. Buyer and buyer’s agent to independently verify property condition, square footage, permits, zoning, permitted uses, and any development potential.More details
The front home at 370 Nautilus Street is a charming single-level residence with 2 bedrooms, 2 baths, and 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 home's heart. 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!!!More details
Listed by Berkshire Hathaway HomeServices California Properties
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.More details
BACK ON MARKET with major price reduction! 7447-7453 Hershel Avenue Apartments represents a unique value-add and location-driven opportunity in one of San Diego’s most desirable neighborhoods. Situated in La Jolla Village and walking distance to beaches, restaurants, and shopping, the property occupies an “A” location in an area that rarely trades. Originally constructed in 1953, the subject consists entirely of one-bedroom, one-bath units. With targeted interior renovations and exterior upgrades, there is potential to increase rents and overall property value, capturing additional upside in a strong market. The surrounding market supports sustained demand for multifamily rentals, with a median home sale price of $2.75 million as of July 2026 keeping homeownership out of reach for many and reinforcing the attractiveness of rental housing.More details
***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_!More details
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