NOT LISTED FOR SALE

1271 Cave St Unit 27 La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $2,428,000 - $4,014,000

0.17 Acre
$18,849,259 Price per Acre
7,330 Sq Ft Lot

Last Sold December 13, 2021

Last sale price $2,695,000

Est. 19% increase in value since last sale

Current estimated payment $19,941/month

11 Days on Market

Highlights

  • Ocean View
  • Partially Fenced Property
  • Level Lot
  • La Jolla Elementary School Rated A

About This Lot

As of December 2021

Rare-in-a-lifetime opportunity to acquire a lot in the heart of the village. Walk a block to world-famous La Jolla Caves, another to the cove, & even fewer steps to the shops, restaurants & venues that make La Jolla a global destination. RM-1-1 zoning allows one home per 3,000sq.ft. and means the 7,330sq.ft. lot is legal for two units. The allotted .75 Floor Area Ratio means your footprint is allowable to 5,497sq.ft. Go a 2nd floor for ocean views & enjoy your gardens on the quiet mostly residential street. Build a large primary residence, add an ADU; submit for a small lot subdivision to build two SFRs with underground parking; design and build twin homes or detached cloud condos under an HOA plan; add a subterranean basement to each home for parking and more living space. Your build options to be verified with the City of San Diego.

Last Agent to Sell the Property

Gregg Whitney

Billionaires Row License #01005985 Listed on: 08/06/2021

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $34,619

Lot Details

  • 7,330 Sq Ft Lot
  • Partially Fenced Property
  • Level Lot
  • Property is zoned RM-1-1

Property Views

  • Ocean Views

Listing and Financial Details

  • Assessor Parcel Number 350-110-11-00

Property Details

Property Type

Land

Est. Annual Taxes

$34,619

Lot Details

0

Listing Details

  • Class: Lot/Land
  • Type: Lots/Land
  • Market Area: Coastal South
  • Neighborhood: village of La Jolla
  • Cross Street: Prospect St
  • Price Per Sq Ft: 1.585294118
  • Sale Price List Price: 1.0
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Fencing: Partial
  • View: Ocean

Utilities

  • Water: Available

Condo/Co-op/Association

  • Community: La Jolla

Lot Info

  • Lot Size: 4,000-7,499 Sf
  • Topography: Level
  • Water District: City Of San Diego
  • Zoning: RM-1-1
  • Additional Property Use: Ormks
  • Estimated Lot Sq Ft: 7330
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 0.17
  • Assessor Parcel Number: 350-110-11-00
  • Current Use: Residential
  • Lot Number: 27

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Aug 23, 2021
Sold by
Keramati Marjan
Bought by
Von Karman Properties Lp
Current Estimated Value
$3,204,374

Purchase Details

Closed on
Apr 14, 2014
Sold by
Roboubi Babak
Bought by
Roboubi Babak and Keramati Marjan

Purchase Details

Closed on
Dec 15, 2012
Sold by
Roboubi Nassereh A
Bought by
Roboubi Babak

Purchase Details

Closed on
Mar 28, 2001
Sold by
Roboubi Nassereh A and Roboubi Nassere A
Bought by
Roboubi Nassereh A

Purchase Details

Closed on
Mar 21, 1994
Sold by
Serrano Reconveyance Company
Bought by
Emc Mtg Corp

Purchase Details

Closed on
Aug 15, 1993
Sold by
Coastal Religious Science Church
Bought by
Sekito June

Purchase Details

Closed on
Mar 11, 1992

Purchase Details

Closed on
Jul 16, 1990
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Von Karman Properties Lp $2,700,000 Chicago Title Company
Roboubi Babak -- None Available
Roboubi Babak -- None Available
Roboubi Babak $250,000 None Available
Roboubi Nassereh A -- None Available
Roboubi Nassereh A -- --
Emc Mtg Corp $270,000 World Title Company
Sekito June -- --
-- $395,000 --
-- $2,350,000 --
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/13/2021 12/13/21 Sold $2,695,000 0.0% --
08/18/2021 08/18/21 Pending -- -- --
08/06/2021 08/06/21 For Sale $2,695,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $34,619 $2,865,261 $2,865,261 --
2024 $34,619 $2,809,080 $2,809,080 --
2023 $33,858 $2,754,000 $2,754,000 $0
2022 $32,958 $2,700,000 $2,700,000 $0
2021 $6,232 $496,564 $496,564 $0
2020 $6,636 $529,855 $491,473 $38,382
2019 $6,520 $519,467 $481,837 $37,630
2018 $6,015 $509,283 $472,390 $36,893
2017 $80 $499,298 $463,128 $36,170
2016 $5,778 $489,509 $454,048 $35,461
2015 $5,693 $482,157 $447,228 $34,929
2014 $5,604 $472,713 $438,468 $34,245
Source: Public Records

Agents Affiliated with this Home

  • Gregg Whitney

    Seller's Agent in 2021

    Gregg Whitney

    Billionaires Row

    (858) 456-3282

    11 in this area

    101 Total Sales

    Gregg Whitney
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Map

Source: San Diego MLS

MLS Number: 210022281

San Diego MLS

APN: 350-110-11

California San Diego County La Jolla 92037 The Village

1271 Cave St Unit 27, La Jolla, CA

This home is located at 1271 Cave St Unit 27, La Jolla, CA 92037 since 06 August 2021 and is currently estimated at $3,204,374. 1271 Cave St Unit 27 is a home located in San Diego County with nearby schools including La Jolla Elementary School, Muirlands Middle School, and La Jolla High School.

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