$9,995,000

1303-15 Cave St San Diego, CA 92037

The Village Neighborhood

Estimated payment $62,622/month

Total Views 314
8 Beds
5 Baths
3,944 Sq Ft
$2,534 Price per Sq Ft

Highlights

  • Very Popular Property
  • Ocean View
  • Fireplace
  • La Jolla Elementary School Rated A
  • No HOA
  • 4 Car Attached Garage

About This Home

A trophy asset in an unbelievable La Jolla location! Perched above the street, overlooking the ocean, caves, and coastal trail, this legacy property offers a unique glimpse of a classic beach cottage to hold & maintain, redevelop, or transform into a single-family residence or multi-generational compound. At the iconic intersection of Prospect & Cave St, this property sits as a pseudo-gatekeeper in the Village as one heads toward the Cove and Scripps Park. Its elevation offers surprising privacy, ocean views and a unique perspective where land & sea meet. Currently configured as five separate units in two connected structures comprised of a 2BR/1BA, two studios, a 3BR/2BA and a 1BR/1BA above four single-car garages with a central courtyard, the property currently generates over $335K annually in gross income as a short term vacation rental, making it a great 1031 exchange opportunity as well. It is immediately recognizable, would be next to impossible to replicate, is immensely valuable in its existing form, has abundant potential and is an opportunity not to be missed.

Listing Agent

Drew Nelson

Willis Allen Real Estate Brokerage Email: dnelson@willisallen.com License #01376023 Listed on: 12/03/2025

Willis Allen Real Estate

Co-Listing Agent

Timothy Nelson

Willis Allen Real Estate Brokerage Email: dnelson@willisallen.com License #01801493

Home Details

Home Type

  • Single Family

Year Built

  • Built in 1935

Lot Details

  • 6,403 Sq Ft Lot
  • Density is up to 1 Unit/Acre
  • Property is zoned R-1:Single Fam-Res

Parking

  • 4 Car Attached Garage

Property Views

  • Ocean
  • Coastline
  • Neighborhood

Home Design

  • Entry on the 2nd floor

Interior Spaces

  • 3,944 Sq Ft Home
  • 3-Story Property
  • Fireplace
  • Laundry Room

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 5 Full Bathrooms

Utilities

  • Cooling Available
  • No Heating

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tax Tract Number 35
  • Assessor Parcel Number 3501210100
  • Seller Considering Concessions

Home Details

Home Type

Single Family

Year Built

Built in 1935

Lot Details

0

Parking

4

Listing Details

  • Assessments: No
  • Property Attached: Yes
  • View: Yes
  • Zoning: R-1:Single Fam-Res
  • Property Sub Type: Single Family Residence
  • Property Type: Residential
  • Parcel Number: 3501210100
  • Year Built: 1935
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Living Area: 3944.00 Square Feet
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Appliances: No
  • Full Bathrooms: 5
  • Total Bedrooms: 8
  • Entry Level: 2
  • Levels: Three Or More
  • Price Per Square Foot: 2534.23

Exterior Features

  • View: Coastline, Neighborhood, Ocean, Water
  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Attached Garage: Yes
  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 4.00

Utilities

  • Sprinklers: No
  • Heating: No
  • Laundry: Yes
  • Sewer: Public Sewer
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6403.00
  • Lot Size Acres: 0.1470

Multi Family

  • Lease Considered: No
  • Lot Size Area: 6403.0000 Square Feet
  • Number Of Units In Community: 5

Tax Info

  • Tax Tract Number: 00035

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/03/2025 12/03/25 For Sale $9,995,000 -- $2,534 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2511218

California Regional Multiple Listing Service (CRMLS)
California San Diego County San Diego 92037 The Village

1303-15 Cave St, San Diego, CA

For Sale

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California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Drew Nelson
Listing Agent
Drew Nelson
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Willis Allen Real Estate
(619) 383-1328