$9,995,000

1303 15 Cave Street, La Jolla, CA 92037

  • 3,944 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1935
  • Property Lot Size Icon6,403sqft lot
  • Property Parking Icon 4 car garage
  • Property Price Per Square Feet Icon $2,534/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Occupying a commanding, elevated position at the intersection of Prospect and Cave Street, this site offers one of the rarest opportunities in La Jolla. Perched above the world-renowned sea caves and coastal trail, the property offers a visionary the option to transform it into a single-family estate, a multi-generational compound or to upgrade and maintain the multi-unit rental asset. The property consists of five separate residences across two connected structures - a 3BR/2BA, a 2BR/1BA, a 1BR/1BA and two studios - situated above four single-car garages and centered around a private courtyard. These existing improvements can provide immediate utility and income potential while plans for a future transformation take shape. Yet the true value lies in the land’s extraordinary combination of location and elevation, offering privacy and magnificent views where the Pacific meets the Village. Seize this chance to create a legacy project - an architectural jewel at the entrance to the iconic Cove and Scripps Park - that simply cannot be replicated in today’s landscape.

Listing Status:
Active
Date Added:
December 4, 2025
Data Last Updated:
April 1, 2026 at 10:19PM
Listing Office:
Willis Allen Real Estate : 858-459-4033
Listing Agent:
Drew Nelson : 858-215-3739
MLS ID:
NDP2511238
  • Laundry: See Remarks
  • A/C: None
  • Heating: None
  • Pool: None
  • Parking: Parking spaces: 4
  • General: 3
  • HOA Amenities: 0.0
  • Originating MLS: CRMLS_CRP
  • County: San Diego
  • Zoning: R-1:Single Fam-Res3501210100
  • Sewer: Public Sewer
  • Source: CRMLS_CRP

This listing courtesy of Drew Nelson , Willis Allen Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

L

La Jolla Elementary School

1111 Marine St, La Jolla, CA, 92037

Grades KG-5

0.64 miles away

M

Muirlands Middle School

1056 Nautilus St, La Jolla, CA, 92037

Grades 6-8

1.11 miles away

L

La Jolla High School

750 Nautilus St, La Jolla, CA, 92037

Grades 9-12

1.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.