1303 Cave Street La Jolla, CA ^$ 9,995,000

1303 Cave Street

^$ 9,995,000

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Recently Listed

1303 Cave Street

La Jolla, CA, 92037

^$ 9,995,000

Bedrooms8 Baths5.0

Monthly Estimate*

^$ 62,356

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Multi-Family Home for sale in La Jolla, CA

for $9,995,000 with 8 bedrooms and 5 full baths. The lot size is 0.146993.

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.

Multi-Family Active

Price

^$ 9,995,000

Bedrooms

Full Bath

Property Type

Multi-Family

Taxes

^$ 0

Style

Res Income 2-4 Units

Lot Size

0.146993

Town/City

La Jolla

County/Region

San Diego

MLS | Web ID

NDP2511238

Features

General

Zoning Assessor

HOA Fee 0.0

Pool Features N/K

Year Built 0

Property Subtype Res Income 2-4 Units

County San Diego

Operating Expense 0.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Status ACTIVE

Directions Torrey Pines > Prospect > Cave Street

City La Jolla

Senior Community Y/N N

Number Of Units Total 5

Lot Size Units Acres

Lot Size Square Feet 6403.0

Property Attached Y/N N

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Cap Rate 0.0

Freehold IDX

Exterior

Lot Size Area 0.147

Number of Buildings 2

Building Area Total 0.0

Waterfront Y/N N

Interior

Total Stories 3

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Total Bedrooms 8

Total Baths 5

* Excluded Features

List By

Drew Nelson

Listing Agent

Willis Allen Real Estate

Broker

(858) 215-3739

Phone

Affordability Calculator

$62,356

Per Month

Monthly Principal & Interest: $62,356
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in La Jolla, CA

Average List Price ^$4,636,429

Percent of Sale Price 54%

About La Jolla, CA

48,084 Population

14% Since 2002

^$106,336 Median Income

35.23 Median Age

20% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/4/2025	$9,995,000		Listed Price

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1303 Cave Street, La Jolla, CA, 92037 is a Multi-Family Home for sale at $9,995,000 with a lot size of 0.146993. 1303 Cave Street has 8 bedrooms and 5.0 baths. The property's zip code is 92037 which is in La Jolla, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

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 Multiple Listing Service, Inc. 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.

Data is updated as of 12/18/2025.

CA BRE #019180026.

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1303 Cave Street

Multi-Family Home for sale in La Jolla, CA

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