Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: NDP2511218 $9,995,000
8 Bedrooms with 5 Baths1303 CAVE STREET
LA JOLLA CA 92037MLS: NDP2511218
Status: ACTIVE
List Price: $9,995,000
Price per SQFT: $2,534
Square Footage: 39448 Bedrooms
5 Baths
Year Built: 1935
Zip Code: 92037
Listing Remarks
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.
Address: 1303 CAVE STREET LA JOLLA CA 92037
Listing Agent: DREW NELSON of WILLIS ALLEN REAL ESTATE 858-215-3739
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
Request More Information
Listing Details
STATUS: Active SPECIAL LISTING CONDITIONS: Standard LISTING CONTRACT DATE: 2025-10-23 BEDROOMS: 8 BATHROOMS FULL: 5 BATHROOMS HALF: 0 LIVING AREA SQ FT: 3944 BUILDING AREA TOTAL: 3944 YEAR BUILT: 1935 FIREPLACE: Other/Remarks COOLING: Other/Remarks # GARAGE SPACES: 4 PROPERTY TYPE: Residential PROPERTY SUB TYPE: All Other Attached POOL FEATURES: N/K STORIES TOTAL: 3 VIEW: Ocean, Water, Coastline, Neighborhood LISTING AGENT: DREW NELSON LISTING OFFICE: WILLIS ALLEN REAL ESTATE LISTING CONTACT: 858-215-3739
Estimated Monthly Payments
List Price: $9,995,000 20% Down Payment: $1,999,000 Loan Amount: $7,996,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $50,540 Estimate does not include taxes, fees, insurance.
Request More Information
Property Location: 1303 CAVE STREET LA JOLLA CA 92037
This Listing
Active Listings Nearby
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
Phone: 858-206-9500
The Fair Housing Act prohibits discrimination in housing based on color, race, religion, national origin, sex, familial status, or disability.
“This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non- commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2025 San Diego MLS.”
Last Updated: 2025-12-04