NOT LISTED FOR SALE

464 Prospect St Unit 501 La Jolla, CA 92037

The Village Neighborhood

Estimated Value: $5,281,000

3 Beds
3.5 Baths
4,788 Sq Ft
$3,353/mo HOA Fee

Last Sold August 16, 2023

Last sale price $4,750,000 $992 Per Sq Ft

Est. 11% increase in value since last sale

Current estimated payment $31,750/month

8 Days on Market

Highlights

  • Concierge
  • Ocean View
  • 24-Hour Security
  • La Jolla Elementary School Rated A
  • Fitness Center
  • 2-minute walk to Coast Boulevard Park

About This Home

As of August 2023

Experience the epitome of luxury and refinement in this exceptional 3-bedroom, 4-bathroom residence spanning 4,986 sq. ft. within the esteemed 464 Prospect. Located in the heart of The Village, this prestigious address offers unparalleled luxury living that exceeds all expectations. From the dramatic grand foyer to the meticulously updated interiors, every detail of this home exudes elegance & craftsmanship. The state-of-the-art kitchen, equipped w/high-end appliances and a stunning labradorite center island is a haven for culinary enthusiasts. In the living room, enter the French Doors & be greeted by a 40 ft. terrace w/ocean views. This residence has 3 side-by-side pkg spaces & additional storage. Immerse yourself in superb amenities that redefine the art of living. Host memorable gatherings on the rooftop entertainment deck w/its panoramic ocean views, complete with a club room & kitchenette for your convenience. Unwind in the wine cave, featuring a tasting room & private wine storage. For wellness & relaxation, indulge in the indoor pool, sauna, & fitness center. With 24/7 valet & concierge services, your every need is covered. Set amidst 3 acres of beautifully landscaped grounds exclusively for residents’ enjoyment, 464 Prospect offers a tranquil sanctuary. Adding to its allure, this historic landmark is approved by the Mills Act, offering valuable property tax benefits. The rarity of a residence of this caliber & size becoming available in The Village further enhances its desirability. Buy it today and move in tomorrow!

Last Agent to Sell the Property

James Schultz

Coldwell Banker Realty License #00669672 Listed on: 07/21/2023

Coldwell Banker Realty

Last Buyer's Agent

Fanny Rosental

Berkshire Hathaway HomeService License #01200790

Berkshire Hathaway HomeService

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2003

Lot Details

  • Gated Home
  • Property is Fully Fenced
  • Fence is in excellent condition
  • Landscaped
  • Front and Back Yard Sprinklers

HOA Fees

  • $3,353 Monthly HOA Fees

Parking

  • 3 Car Detached Garage
  • Rear-Facing Garage
  • Garage Door Opener
  • Automatic Gate

Property Views

  • Ocean
  • Courtyard

Home Design

  • Mediterranean Architecture
  • Entry on the 1st floor
  • Slab Foundation
  • Fire Rated Drywall
  • Clay Roof
  • Stucco Exterior

Interior Spaces

  • 4,788 Sq Ft Home
  • 4-Story Property
  • Built-In Features
  • Formal Entry
  • Great Room
  • Living Room with Fireplace
  • Bonus Room
  • Storage Room
  • Security System Owned

Kitchen

  • Breakfast Area or Nook
  • Self-Cleaning Oven
  • Built-In Range
  • Microwave
  • Freezer
  • Ice Maker
  • Water Line To Refrigerator
  • Dishwasher
  • Disposal

Flooring

  • Wood
  • Tile

Bedrooms and Bathrooms

  • 3 Bedrooms
  • Retreat
  • Main Floor Bedroom
  • Double Master Bedroom
  • Maid or Guest Quarters

Laundry

  • Laundry Room
  • Laundry on upper level
  • Dryer
  • Washer

Pool

  • Filtered Pool
  • Heated In Ground Pool
  • Gunite Pool
  • Pool Equipment or Cover
  • Permits For Spa

Schools

  • San Diego Unified School District Elementary And Middle School
  • San Diego Unified School District High School

Utilities

  • High Efficiency Air Conditioning
  • Forced Air Zoned Heating and Cooling System
  • High Efficiency Heating System
  • Radiant Heating System
  • Separate Water Meter
  • Water Filtration System
  • Gas Water Heater

Additional Features

  • Covered Patio or Porch
  • West of 5 Freeway

Listing and Financial Details

  • Assessor Parcel Number 350-300-35-04

Community Details

Overview

  • Association fees include common area maintenance, exterior (landscaping), exterior bldg maintenance, gated community, limited insurance, roof maintenance, sewer, termite, trash pickup, water, pest control, security, clubhouse paid, concierge
  • 33 Units
  • 464 Prosoect Association, Phone Number (858) 362-0723
  • 464 :Prospect Community

Amenities

  • Concierge
  • Community Barbecue Grill
  • Sauna
  • Clubhouse

Recreation

  • Fitness Center
  • Community Pool
  • Community Spa
  • Recreational Area

Pet Policy

  • Pets Allowed with Restrictions

Security

  • 24-Hour Security
  • Resident Manager or Management On Site
  • Gated Community
  • Carbon Monoxide Detectors
  • Fire and Smoke Detector
  • Fire Sprinkler System
  • Firewall

Property Details

Home Type

Condominium

Year Built

Built in 2003

Lot Details

0

HOA Fees

$3,353 per month

Parking

3

Listing Details

  • Class: RESIDENTIAL
  • Sub Category: Attached
  • Architectural Style: Mediterranean/Spanish
  • Attached Style: Mid Rise
  • Residential Styles: All Other Attached
  • Market Area: Coastal South
  • Cross Street: Cuvier
  • Neighborhood: Village
  • Supplement: culinary enthusiasts. In the living room, enter the French Doors & be greeted by a 40 ft. terrace w/ocean views. This residence has 3 side-by-side pkg spaces & additional storage. Immerse yourself in superb amenities that redefine the art of living. Host memorable gatherings on the rooftop entertainment deck w/its panoramic ocean views, complete with a club room & kitchenette for your convenience. Unwind in the wine cave, featuring a tasting room & private wine storage. For wellness & relaxation, indulge in the indoor pool, sauna, & fitness center. With 24/7 valet & concierge services, your every need is covered. Set amidst 3 acres of beautifully landscaped grounds exclusively for residents’ enjoyment, 464 Prospect offers a tranquil sanctuary. Adding to its allure, this historic landmark is approved by the Mills Act, offering valuable property tax benefits. The rarity of a residence of this caliber & size becoming available in The Village further enhances its desirability. Buy it today and move in tomorrow!
  • Estimated Living Space: 4,000 to 4,999 SqFt
  • LP / Sq Ft: 1043.23
  • Price Per Sq Ft: 992.06
  • SP/ Sq Ft: 992.06
  • Stories: 2 Story
  • Stories In Building: 4
  • Ownership: Condominium
  • Total Stories: 2
  • Year Built: 2003
  • A D U Yes No: No
  • Allow Comments Review: No
  • Internet Address Field: Full Address
  • Internet Syndication Y N: Yes
  • Keyword1: 1
  • Special Features: None
  • Property Sub Type: Condos

Interior Features

  • Flooring: Tile, Wood
  • Sub Flooring: Slab on Grade
  • Equipment Available: Dishwasher, Disposal, Dryer, Fire Sprinklers, Garage Door Opener, Microwave, Pool/Spa/Equipment, Refrigerator, Washer, Water Filtration, Built In Range, Continuous Clean Oven, Freezer, Ice Maker, Self Cleaning Oven, Water Line to Refr, Built-In, Counter Top
  • Elevator: Yes
  • Fireplaces: 1
  • Fireplace: Fp In Living Room
  • Walls: Drywall
  • Searchable Rooms: Bedroom Entry Level, Bonus Room, Breakfast Area, Formal Entry, Great Room, Guest Maid, Master Bdrm 2, Master Retreat, Optional Bedrooms, Storage Room
  • Total Bedrooms: 3
  • Bedrooms: 3
  • Master Bedroom Dimensions: 18x19
  • Full Bathrooms: 3
  • Half Bathrooms: 1
  • Laundry Location: Laundry Room, Inside, On Upper Level
  • Estimated Sq Ft: 4788
  • Total Bathrooms: 4

Exterior Features

  • Exterior Material: Stucco
  • Fencing: Full, Gate, Excellent Condition
  • Patio: Covered
  • Pool: Below Ground, Community/Common, Association, Gunite, Heated, Filtered
  • Roof: Tile/Clay
  • Spa: Community/Common, Permits
  • View: Ocean, Courtyard
  • Three or more Steps To Entry: Yes

Garage/Parking

  • Garage Details: Assigned, Detached, Gated, Underground, Community Garage, Garage, Garage - Rear Entry, Garage Door Opener
  • Garage Spaces: 3
  • Parking Spaces Total: 3

Utilities

  • Cooling: Central Forced Air, High Efficiency
  • Laundry Utilities: Electric, Gas, Washer Hookup
  • Security: Automatic Gate, Closed Circuit TV, Eqpt Owned, Gated Community, Fire Sprinklers, Security System, 24 Hour Security, Fire Rated Drywall, Firewall(s), Resident Manager, Smoke Detector, Carbon Monoxide Detectors, Fire/Smoke Detection Sys
  • Sewer/Septic: Sewer Connected, Public Sewer
  • Water: Meter on Property
  • Water Heater Type: Gas
  • Heating: Zoned Areas, Combination Heating, Fireplace, Forced Air Unit, Radiant, High Efficiency
  • Heating Fuel: Electric

Condo/Co-op/Association

  • Complex Name: 464 :Prospect
  • Pets Allowed: Yes
  • Units In Building: 33
  • Total Number of Units: 47
  • Property Management Company: 464 Prospect
  • Community: LA JOLLA
  • Complex Features: BBQ, Clubhouse/Rec Room, Concierge, Exercise Room, Gated Community, Pet Restrictions, Pool, Recreation Area, Sauna, Spa/Hot Tub
  • Home Owner Association: 464 Prosoect
  • Home Owner Association Fee Includes: Common Area Maintenance, Exterior (Landscaping), Exterior Bldg Maintenance, Gated Community, Limited Insurance, Roof Maintenance, Sewer, Termite, Trash Pickup, Water, Pest Control, Security, Clubhouse Paid, Concierge
  • Home Owner Association Fee Reflects: Month
  • Home Owner Association Fees: 3353.0
  • HOA Payment Frequency: Monthly
  • Home Owner Association Phone: 858-362-0723

Association/Amenities

  • Entry Level Unit: 1

Schools

  • School District URL: https://www.sandiegounified.org/
  • Elementary School: San Diego Unified School District
  • Elementary School Website: https://www.sandiegounified.org/
  • High School: San Diego Unified School District
  • Middle School Url: https://www.sandiegounified.org/
  • Middle School: San Diego Unified School District

Lot Info

  • Lot Size: 0 (Common Interest)
  • Site: Curbs, Public Street, Sidewalks, Street Paved, West of I-5, Landscaped, Sprinklers In Front, Sprinklers In Rear
  • Topography: Level, Slope Gentle, Slope Steep
  • Water District: CITY OF SAN DIEGO
  • Zoning: Condo
  • Additional Property Use: ORMKS
  • Assessor Parcel Number: 350-300-35-04
  • Estimated Lot Sq Ft: 66042
  • Water District URL: http://www.ci.san-diego.ca.us/water
  • Estimated Number of Acres: 152.0
  • Map Code Column: E
  • Map Code Page: 1227
  • Map Code Row: 7

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 21, 2023
Closed on
Aug 7, 2023
Sold by
Reiss Family Survivors Trust
Bought by
Vivien Ressler Trust and Ressler
Seller's Agent
James Schultz
Coldwell Banker Realty
Buyer's Agent
Fanny Rosental
Berkshire Hathaway HomeService
List Price
$4,995,000
Sold Price
$4,750,000
Premium/Discount to List
-$245,000
-4.9%
Views
22
Current Estimated Value
$5,281,000

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$531,000

Purchase Details

Closed on
Oct 9, 2020
Sold by
Reiss Claire K T
Bought by
City National Bank

Purchase Details

Closed on
Nov 4, 2019
Sold by
Evensen Loretta G
Bought by
Reiss Claire K T

Purchase Details

Closed on
Mar 8, 2017
Sold by
Breivik Erik and Breivik Berit
Bought by
Evensen Loretta G

Purchase Details

Closed on
Jun 11, 2012
Sold by
Breivik Erik and Breivik Berit
Bought by
Breivik Erik and Breivik Berit

Purchase Details

Closed on
Mar 16, 2012
Sold by
Arnold Thomas R and Arnold Dayna Waitley
Bought by
Breivik Erik and Breivik Berit

Purchase Details

Closed on
Nov 22, 2004
Sold by
Dtri Llc
Bought by
Arnold Thomas R and Arnold Dayna Waitley

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$1,747,500
Interest Rate
5.64%
Mortgage Type
Purchase Money Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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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
Vivien Ressler Trust $4,750,000 Equity Title San Diego
City National Bank -- None Available
Reiss Claire K T $3,590,000 Fidelity National Title
Evensen Loretta G $4,100,000 California Title Company
Breivik Erik -- None Available
Breivik Erik $3,322,500 California Title Company
Arnold Thomas R $2,330,000 Lawyers Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Previous Owner Arnold Thomas R $1,747,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/16/2023 08/16/23 Sold $4,750,000 -4.9% $992 / Sq Ft
07/30/2023 07/30/23 Pending -- -- --
07/21/2023 07/21/23 For Sale $4,995,000 -- $1,043 / Sq Ft
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 $8,733 $726,905 $290,762 $436,143
2024 $8,733 $699,702 $279,880 $419,822
2023 $11,344 $914,931 $365,972 $548,959
2022 $13,105 $1,066,532 $426,612 $639,920
2021 $12,849 $1,032,365 $412,946 $619,419
2020 $12,615 $1,015,365 $406,146 $609,219
2019 $14,434 $1,161,215 $464,486 $696,729
2018 $15,610 $1,325,448 $530,179 $795,269
2017 $16,081 $1,364,050 $545,620 $818,430
2016 $15,158 $1,287,588 $515,035 $772,553
2015 $15,154 $1,286,951 $514,780 $772,171
2014 $15,642 $1,323,448 $529,379 $794,069
Source: Public Records

Agents Affiliated with this Home

  • J

    Seller's Agent in 2023

    James Schultz

    Coldwell Banker Realty

    (858) 354-0000

    3 in this area

    33 Total Sales

    James Schultz
    Section Image
  • Fanny Rosental

    Buyer's Agent in 2023

    Fanny Rosental

    Berkshire Hathaway HomeService

    (619) 294-3113

    1 in this area

    22 Total Sales

    Fanny Rosental
    Section Image
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Map

Source: San Diego MLS

MLS Number: 230014164

San Diego MLS

APN: 350-300-35-04

California San Diego County La Jolla 92037 The Village

464 Prospect St Unit 501, La Jolla, CA

Not Listed for Sale

Condos

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