*Price just reduced + Seller Financing Now Offered!* This uniquely well-located multifamily property/redevelopment site in La Jolla sits just 3.5 blocks from Marine Street Beach, on a prominent commercial/mixed-use thoroughfare, within walking distance to top-tier schools, shopping, dining, beaches and parks. Currently featuring five (5) +/-1950s-era single-story units, buildings/interiors are mostly in need of a complete overhaul, to be able to capture upper market rents for the area. 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) small studios); Two (2) 1Br/1Ba units; and One (1) 2Br/1Ba unit. There are three (3) surface off-street parking spaces in the front. 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.More details
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.More details
A rare opportunity to own 1.18-acres of usable land 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, or rental income, 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.More details
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!More details
The front residence, 370 Nautilus Street, is a charming single-level 2-bedroom, 2-bath home with a pool, showcasing 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, tree-lined stretch of Nautilus Street to the Ocean!!!More details
Listed by Berkshire Hathaway HomeServices California Properties
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