$21,995,000

931 - 939 Ocean Ave Del Mar, CA 92014

Estimated payment $138,149/month

Total Views 14,550
5 Beds
5 Baths
2,870 Sq Ft
$7,664 Price per Sq Ft

About This Home

A Once-in-a-Lifetime Opportunity purchase the 5 Iconic & Legendary Cottages of Del Mar (est 1886) For the first in decades, a truly extraordinary multi-unit property is being offered in Del Mar – and it is nothing short of Legendary. Located in a Super Prime, Iconic Oceanfront setting, this rare offering features Five (5) Luxury Cottages perched atop over 180 Feet of Dramatic Bluff Frontage. Originally built in the 1880’s, these historic cottages are a treasured piece of Del Mar’s storied past. Each of the 5 residences have a charming coastal vibe perfect floorplan as a one-bedroom loft layout, approximately 700 square feet in size, blending timeless character with Breathtaking Ocean Views. Opportunities like this – to own multiple Oceanfront units on one of Del Mar’s most coveted stretches of coastline – simply do not come around. Whether you preserve their historic charm or create a new legacy, this is a Once-in-a-Generation Chance to secure a remarkable piece of Southern California’s Coastal History.

Listing Agent

Craig Lotzof

Compass License #01211688 Listed on: 04/30/2025

Compass

Co-Listing Agent

Angel Wade

Coastal Property Group, Inc License #01433972

Home Details

Home Type

  • Single Family

Lot Details

  • Lot Dimensions are 180 x 50
  • Landscaped
  • Front Yard Sprinklers

Parking

  • Parking Available

Home Design

  • Composition Roof

Interior Spaces

  • 2,870 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • Heating System Mounted To A Wall or Window

Community Details

  • 5 Units
  • 4 Leased Units

Home Details

Home Type

Single Family

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Unit Levels: 2 Story
  • Property Sub Type: Com-Res Income
  • Lot Size: 180 x 50
  • Co List Office Mls Id: 8676
  • Structure Type: Free Standing, Other/Remarks
  • Special Features: 4097

Interior Features

  • Total Bedrooms: 5

Exterior Features

  • Roof: Composition
  • Construction Type: Auto Front Sprinklers, Cable Available, Front Sprinklers, Fully Landscaped, Remarks

Garage/Parking

  • Parking Features: Spaces

Utilities

  • Cooling: Other
  • Heating: Wall
  • Laundry Features: Owned

Multi Family

  • Number Of Buildings: 5
  • Number Of Units Total: 5
  • Total Actual Rent: 36875.0

Map

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

Property History

Date Event Price Change Sq Ft Price
04/30/2025 04/30/25 For Sale $21,995,000 -- $7,664 / Sq Ft
Source: San Diego MLS

About the Listing Agent

Craig Lotzof

Compass

(619) 375-4961

Section Image

Craig Lotzof has over 29+ years of experience in real estate and is a local expert in La Jolla, Del Mar, and Carmel Valley.

Fueled by endless enthusiasm, honesty, and market knowledge, Craig delivers consistently exceptional results for his clients. Over the course of his career, he has successfully closed 1,540+ transactions totaling more than $1.95 billion in sales volume, with a price range spanning from $375,000 to $29.5 million and an average sale price of $3.3 million—a powerful

Craig's Other Listings

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    • 2.5 Baths
    • 2,112 Sq Ft
    • 8874 La Jolla Scenic Dr N
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    Turn-Key Single-Level Living in Coveted La Jolla Heights Immaculate and thoughtfully designed, this 3-bedroom, 2.5-bath single-story home offers effortless living in one of La Jolla’s most desirable neighborhoods. A beautifully landscaped private courtyard greets you at the main entrance, setting a welcoming tone for the elegant interiors within. Inside, soaring vaulted ceilings in the family

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  • 1205 Muirlands Dr, San Diego, CA 92037

    $29,995,000

    • 8 Beds
    • 13 Baths
    • 14,768 Sq Ft
    • 1205 Muirlands Dr
    • San Diego, CA

    The Muir Garden Estate is more than a residence it is a landmark of La Jolla’s legacy, a living testament to vision, artistry, and enduring elegance. One of the largest estates in La Jolla perfectly situated on 2.65 acres of manicured ocean-view grounds, commissioned in an era when craftsmanship was revered, the estate has been masterfully preserved and enhanced for modern luxury living. Its

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  • 5259 Pacifica Dr, San Diego, CA 92109

    $4,495,000

    • 4 Beds
    • 3 Baths
    • 3,416 Sq Ft
    • 5259 Pacifica Dr
    • San Diego, CA

    Architectural Japanese-Modern Masterpiece by Chikako Terada “The Zen Haus” has been featured in San Diego Magazine, this one-of-a-kind OCEAN VIEW Japanese-Modern residence—designed by acclaimed architect Chikako Terada—is now offered for the first time. Over a year and a half in the making, this 3,416 sq. ft. home seamlessly blends tranquil Japanese simplicity with modern luxury and has

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  • 931 Stratford Ct, Del Mar, CA 92014

    $9,750,000 Sold Mar 12, 2025

    • 5 Beds
    • 5.5 Baths
    • 4,011 Sq Ft
    • 931 Stratford Ct
    • Del Mar, CA

    • 2024 Custom Modern Interior and Finishes | Beautiful Ocean Vistas • Bespoke Build & Design • Beautiful Vistas of the of the Pacific Ocean & Coastline • Stunning Chef’s Kitchen featuring Viking and Subzero Appliances o Viking Coffee Machine | Viking Microwave | Viking 6 Burner Gas Cooktop w/2 Ovens | Quartz Counters | Juice Station | Pot Filler | Modern Marble Backsplash | Custom Curated

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  • 13711 Mercado Dr, Del Mar, CA 92014

    $2,600,000 Sold Apr 29, 2025

    • 3 Beds
    • 2 Baths
    • 1,750 Sq Ft
    • 13711 Mercado Dr
    • Del Mar, CA

    Step into an architectural stunner, where contemporary design meets warmth and luxury in one of Del Mar’s most prestigious custom home enclaves. Originally expanded with an effective build date of 2006 and completely reimagined in 2010, this breathtaking residence has been transformed with the fine finishes and impeccable craftsmanship. The expansive yard is idea for summer fun and outdoor

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  • 8308 Calle Del Cielo, La Jolla, CA 92037

    $8,400,000 Sold Aug 01, 2025

    • 5 Beds
    • 5 Baths
    • 6,433 Sq Ft
    • 8308 Calle Del Cielo
    • La Jolla, CA

    Truly a Rare Opportunity in La Jolla Shores Perfectly Perched one of La Jolla’s most coveted streets, this ocean-view residence presents a rare chance to own a legacy property that hasn't been available in decades. From its commanding vantage point, the home captures sweeping, unobstructed views of the Pacific Ocean, the La Jolla Shores coastline, and the charming village below. Endless

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  • 8070 La Jolla Scenic Dr N, La Jolla, CA 92037

    $9,995,000 Sold Aug 04, 2025

    • 5 Beds
    • 6 Baths
    • 6,827 Sq Ft
    • 8070 La Jolla Scenic Dr N
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    This Exceptional Modern Residence has just received a Bold & Significant Price Reduction. The seller is serious— This 2024 Multimillion-Dollar designer remodel is the embodiment of Coastal Modern Living Perched in the Heart of La Jolla Shores Heights, —where bold architecture meets the effortless rhythm of the Coastal Lifestyle. More than a home, it’s a curated experience of luxury, serenity, &

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  • 7945 Avenida Kirjah, La Jolla, CA 92037

    $3,727,000 Sold Mar 27, 2025

    • 5 Beds
    • 5.5 Baths
    • 5,455 Sq Ft
    • 7945 Avenida Kirjah
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    Hidden in plain sight, this La Jolla stunner is the Clark Kent of homes—humble from the curb, but step inside, and BAM! You’re in your own architectural superhero lair. Conveniently close to the “Village,” UCSD, and freeway access (because even heroes need to commute), this hillside haven is packed with surprises. Let’s start with the grand entrance—literally. A show-stopping curved staircase

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  • 939 Coast Blvd Unit 12C, La Jolla, CA 92037

    $3,850,000 Sold Apr 29, 2025

    • 2 Beds
    • 2 Baths
    • 1,841 Sq Ft
    • 939 Coast Blvd
    • Unit 12C
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    Experience breathtaking panoramic ocean views from this exquisitely reimagined coastal retreat, where modern sophistication meets timeless elegance. Fresh from a 2025 designer remodel by Matrix Design Studio, this stunning residence was rebuilt from the studs up with the finest handcrafted materials and masterful craftsmanship. Perched above La Jolla’s coastline, this home showcases unobstructed

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Source: San Diego MLS

MLS Number: 250026018

San Diego MLS