Property Details
About this Property
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.
MLS Listing Information
MLS #
CRNDP2511238
MLS Source
California Regional MLS
Days on Site
1
Parking, School, and Other Information
Garage/Parking
Garage: 4 Car(s)
HOA Fee
$0
Contact Information
Listing Agent
Drew Nelson
Willis Allen Real Estate
License #: 01376023
Phone: (858) 215-3739
Co-Listing Agent
Timothy Nelson
License #: 01801493
Phone: (858) 215-3739
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
1303 15 Cave St is a Residential Income in La Jolla, CA 92037. This – square foot property sits on a 6,403 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $9,995,000 and was built in 1935. This address can also be written as 1303 15 Cave St, La Jolla, CA 92037.
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This listing information is up-to-date as of December 04, 2025. For the most current information, please contact Drew Nelson, (858) 215-3739
