Water Views
Listed By:
Markus Feldmann with Pacific Real Estate Center; 619-572-7879
Address
521 Arenas St, La Jolla, CA
Price
$ 3,295,000
Property Attributes
  • MLS#260011847SD
  • Type
  • Listing Status Active
  • CountySan Diego
  • CityLa Jolla
  • Area La Jolla
  • NeighborhoodLa Jolla
  • Zip92037
  • Style
  • Year Built1973
  • Price$ 3,295,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Lot Size0.0918 Acres
Data Source:
California Regional MLS (CRMLS)
Property Description

Exceptional coastal investment opportunity just blocks away from iconic Windansea Beach! This versatile property features two spacious 3BR/2BA units, currently operating as successful vacation rentals, offering outstanding flexibility for investors, owner-occupants, or multi-generational living. The larger, upstairs unit showcases beautiful ocean views and a private balcony, while the downstairs unit enjoys its own secluded yard, ideal for seamless indoor-outdoor coastal living. Each unit includes a detached 1 car-garage along with abundant additional off-street parking - a rare and highly valuable amenity in this coveted beachside location. Just moments from world class beaches, renowned dining, upscale shopping, and the vibrant village lifestyle of La Jolla, this is a rare opportunity to own a highly versatile income-producing property in one of South California's most sought-after coastal communities!

Price History
5/19/2026 Listed $3,295,000

General Features

Cooling See Remarks
Possession Close Of Escrow
Zoning Duplex
Year Built 1973
Tenant Pays See Remarks
View Ocean
Stories Count 2
Levels Two
County San Diego
Net Operating Income 12303
Property Type Residential Income
Subdivision Name La Jolla
Status Active
Directions CrossStreet: La Jolla Blvd
City La Jolla
Senior Community Y/N false
Number Of Units Total 2
MLS Area 92037 - La Jolla
Lot Size Units Square Feet
Lot Size Square Feet 3998
Listing Terms Cash,Conventional
Virtual Tour https://my.matterport.com/show/?m=kLms2iqS1AS&brand=0
Standard Status Active
Cap Rate 3.65
PostalCity LA JOLLA

Interior Features

Total Stories 2
Air Conditioning Y/N true
Heating Y/N true

Exterior Features

Lot Size Area 3998
Park Name 521 Arenas Unit 1 and 2
Number of Buildings 1
Spa false
Lot Size Acres 0.0918
Lot Size Source Assessor

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Average in 92037

Price
AVG $3.11M
$3.3M
Year Built
AVG 1973
1973

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