$2,995,000
COMING SOON

Estimated payment $19,187/month

Total Views 10
2 Beds
1 Bath
2,140 Sq Ft
6,456 Sq Ft Lot

Highlights

  • Very Popular Property
  • No Units Above
  • Corner Lot
  • Torrey Pines Elementary School Rated A
  • Property is near a park
  • 1-minute walk to Kellogg Park

About This Home

Incredible opportunity in the heart of La Jolla Shores! This triplex has been in the same family for decades and is now ready for the next owner to realize its massive potential. Once fixed up, whether it remains a multi-family residential income property, is used as short-term rentals, is redeveloped into luxury condos, or any combination thereof...the opportunity abounds at this .15 acre diamond in the rough. The lot has great frontage, but is also on an alley where there are already 2 garages and an uncovered parking spot, affording particularly attractive parking options in both the near and long term. And if one were to add a second or even a third story, it would not only increase the undersized square footage but also create horizon ocean views. There are multiple examples in the immediate area of what can be done with sites such as this, and this particular location is ideal for its ocean, sand, La Jolla Beach & Tennis Club, and Avenida de la Playa's pedestrian-friendly shopping and dining proximity. Properties with upside like this in La Jolla Shores are exceedingly scarce and offer tremendous potential for any buyer looking to add value!

Listing Agent

Drew Nelson

Willis Allen Real Estate Brokerage Email: dnelson@willisallen.com License #01376023 Listed on: 09/09/2025

Willis Allen Real Estate

Co-Listing Agent

Timothy Nelson

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

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1951

Lot Details

  • 6,456 Sq Ft Lot
  • No Units Above
  • No Units Located Below
  • Corner Lot
  • Front Yard

Parking

  • 3 Car Garage

Home Design

  • Property Attached

Interior Spaces

  • 2,140 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 1 Bathroom

Laundry

  • Laundry Room
  • Laundry in Garage

Additional Features

  • Property is near a park
  • No Heating

Listing and Financial Details

  • Tax Lot 08001
  • Tax Tract Number 1913
  • Assessor Parcel Number 3462730200
  • Seller Considering Concessions

Community Details

Overview

  • No Home Owners Association
  • 3 Units

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter

Property Details

Home Type

Multi-Family

Year Built

Built in 1951

Lot Details

0

Parking

3

Listing Details

  • Assessments: No
  • Price Per Unit: 998333
  • Property Attached: Yes
  • Subdivision Name Other: La Jolla Shores Unit 1
  • View: No
  • Zoning: R -3 Restricted Multiple
  • Property Type: Residential Income
  • Parcel Number: 3462730200
  • Year Built: 1951
  • AgentOnly_SellerConsiderConcessionYN: Yes
  • Special Features: ComingSoon
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: front
  • Common Walls: No One Above, No One Below
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 1399.53

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 3.00
  • Parking: No
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: In Garage
  • Sewer: Public Sewer

Condo/Co-op/Association

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

Lot Info

  • Land Lease: No
  • Lot Features: Corner Lot, Front Yard, Park Nearby
  • Lot Size Sq Ft: 6456.00
  • Lot Size Acres: 0.1482

Multi Family

  • Lot Size Area: 6456.0000 Square Feet
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Rent Control: No

Tax Info

  • Tax Lot: 08001
  • Tax Tract Number: 001913

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

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2508710

California Regional Multiple Listing Service (CRMLS)