1115 Pearl 3, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
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1115 Pearl 3
La Jolla, California 92037
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,367Sq Ft
9,642Lot Size
Property Price
LIST PRICE$1,199,900
EST. MARKET VALUE
$1,227,281
SUMMARY
This Stunning Move-In Ready Condominium is a Strong Value Opportunity, listed at $1,199,900—positioned well below the $1,227,281 Fair Market Value by 2%. This valuation gap offers $27,381 in Instant Equity. Featuring a Mint Condition Rating with modern shaker cabinetry and recessed lighting, this residence offers a premium lifestyle in the heart of La Jolla. With proximity to Top-Rated Schools like La Jolla Elementary (9/10) and two side-by-side parking spaces, it is an ideal fit for Owner-Occupants or coastal-focused professionals.
Estimated Market Value
$1,227,281
Based on Realkey algorithm analyzing recent comparable sales in La Jolla.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1115 Pearl 3 Subject 2 bd · 2 ba · 1,367 sqft · $898 | $1,199,900* List Price | 2 | 2 | 1,367 | $898 | - |
A 7550 Eads Ave 307 Sold 2 bd · 2 ba · 1,359 sqft · $1,034 · 0.3 mi | $1,405,000 | 2 | 2 | 1,359 | $1,034 | 0.3 mi |
B 7550 Eads 207 Sold 2 bd · 2 ba · 1,359 sqft · $1,019 · 0.3 mi | $1,385,000 | 2 | 2 | 1,359 | $1,019 | 0.3 mi |
C 935 Genter 305 Sold 2 bd · 2 ba · 1,130 sqft · $973 · 0.3 mi | $1,100,000 | 2 | 2 | 1,130 | $973 | 0.3 mi |
D 7635 Eads Ave 306 Active 2 bd · 2 ba · 1,180 sqft · $1,102 · 0.3 mi | $1,300,000 List Price | 2 | 2 | 1,180 | $1,102 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
While the building dates to 1985, the interior shows a comprehensive renovation likely completed within the last 5 years. The kitchen features modern white shaker cabinetry, stone countertops, and stainless steel appliances. The unit includes updated flooring, recessed lighting, and contemporary finishes throughout, placing it in mint, move-in-ready condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: La Jolla Elementary School (9/10).
- Prime Walkable Location
Situated in the heart of La Jolla Village, the property offers unparalleled walkability to world-class beaches, the Open Aire Farmers Market, and high-end dining.
- Top-Tier Education Access
The residence is zoned for highly-rated schools, including La Jolla Elementary (Rating: 9), which is located less than a tenth of a mile from the front door.
CONSRISKS & DEFICIENCIES
- Aging Building Profile
Constructed in 1985, the property may require updates to its internal systems or cosmetic finishes to meet modern luxury standards compared to newer developments.
- Significant HOA Dues
The monthly association fee of $600 represents a substantial recurring carrying cost that buyers must factor into their overall monthly budget.
About 1115 Pearl 3
Welcome home! Ideally situated in the heart of La Jolla village just moments from world-class beaches, the beloved Open Aire Farmers Market, local restaurants, grocery stores, and endless entertainment, this inviting two-bedroom residence offers the best of coastal living right at your doorstep. Spanning 1,367 square feet, the home features an open, welcoming floor plan, a private patio perfect for enjoying the coastal air, in-unit washer/dryer and the added convenience of two side-by-side garage parking spaces. Whether you're looking for a full-time residence or a coastal retreat, this is an exceptional opportunity to enjoy the vibrant, walkable lifestyle that makes La Jolla Village so special.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- 9,642 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $600.0 / Month
Neighborhood Insights
La Jolla Unified Schools
La Jolla Elementary School
Grades K-5 • 0.1 mi
9/10
Muirlands Middle School
Grades 6-8 • 0.6 mi
8/10
La Jolla High School
Grades 9-12 • 0.6 mi
8/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,367 | 1,304.393 |
| Lot Size | 9,642 | 91,430.08 |
| Price | $1.20M | $1.20M |
| Price per sq ft | $878 | $890 |
| Built year | 1985 | 1978 |
| HOA | $600.0 | $750 |
| Days on market | 16 | 61 |
Pricing History
Listed for Sale
Oct 9, 2026
$1,199,900
Initial Listing
Sold
Jul 10, 2023
$900,000
Public Record
Sold
Nov 2, 1995
$187,500
Public Record
Sold
Aug 31, 1994
$164,000
Public Record