
La Jolla, California 92037
This Beachfront Value-Add Condominium is listed at $2,375,000, representing a high-stakes acquisition in a world-class location. While currently priced above the $2,058,170 Fair Market Value, the property’s Fair Condition Rating and 1958 infrastructure present a significant opportunity for forced appreciation through modernization. Featuring unobstructed panoramic ocean views and access to top-tier schools like La Jolla Elementary (9/10) and La Jolla High (8/10), the asset's value is anchored by its irreplaceable coastal footprint. This is a strategic purchase for Luxury Renovators or Owner-Occupants seeking a customizable coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1039 Coast Blvd H Subject | $2,375,000* List Price | 2 | 2 | 1,390 | $1,481 | - |
A 333 Coast Blvd 8 Sold | $2,350,000 | 2 | 2 | 1,348 | $1,743 | 0.6 mi |
B 939 Coast Boulevard 4c Sold | $1,700,000 | 1 | 1 | 1,280 | $1,328 | 0.1 mi |
C 939 Coast Blvd 11b Sold | $3,050,000 | 2 | 2 | 1,937 | $1,575 | 0.1 mi |
D 1039 Coast Blvd Unit A Active | $2,150,000 List Price | 2 | 2 | 1,294 | $1,662 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
While the property boasts stunning ocean views and some updated features like hardwood flooring and modern stainless steel kitchen appliances, the overall condition is a mix. The kitchen cabinetry and flooring appear functional but not 'gourmet' or high-end, and the visible bathroom is significantly dated with a pink vanity and older fixtures, directly contradicting the description of a 'spa-inspired en-suite bath.' Given the 1958 build year and the clear need for updates in key areas like the bathroom, the property falls into the 'Fair' category, requiring minor updates to meet current aesthetic standards, especially in the bathrooms.
Elementary School: La Jolla Elementary School (9/10).
Situated in a prestigious La Jolla neighborhood, directly across from the beach, offering unparalleled coastal access and proximity to local amenities like restaurants and shopping.
Features breathtaking, unobstructed panoramic views of the Pacific Ocean from nearly every room, including the primary suite, significantly enhancing the property's luxury and desirability.
Constructed in 1958, the building's age may imply older infrastructure or potential for future maintenance requirements beyond typical HOA coverage, despite interior renovations.
A monthly association fee of $474.0 represents a notable recurring cost that buyers must factor into their budget.
The property has undergone a price reduction from its original listing, which could suggest initial overpricing or a longer market presence, potentially impacting perceived value or negotiation leverage.
Improved process! Experience coastal luxury at its finest in this stunning 2-bedroom, 2-bathroom beachfront condo, perfectly positioned with unobstructed panoramic views of the Pacific Ocean. Wake up to the sound of waves and bask in golden sunsets from the living room, where the horizon stretches endlessly. This elegantly appointed residence features an open-concept layout with floor-to-ceiling windows, flooding the space with natural light and showcasing breathtaking ocean vistas from nearly every room. The gourmet kitchen boasts high-end stainless steel appliances and custom cabinetry. The spacious primary suite offers direct ocean views, a spa-inspired en-suite bath, and ample closet space, while the second bedroom is perfect for guests. For added convenience, enjoy the luxury of an in-unit washer and dryer—making everyday living effortless and refined. Located in a prestigious area of La Jolla, just across the street from the beach, close to restaurants, shopping, and more! Whether you're seeking a tranquil retreat or a vibrant coastal lifestyle, this exceptional property delivers both in style and sophistication.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,390 | 1,160 | 66% |
| Lot Size | - | - | 50% |
| Price | $2.38M | $1.16M | 89% |
| Price per sq ft | $1.7K | $865 | 93% |
| Built year | 1958 | 1977 | 2% |
| HOA | $474.0 | $600 | 27% |
| Days on market | 310 | 160 | 95% |
Sep 16, 2025
$2,375,000
Initial Listing
Jun 16, 2025
$2,500,000
Initial Listing