1550 Bluebird Ln, La Jolla, California 92037, La Jolla, 92037 - 3 bed, 3 bath
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La Jolla, California 92037
Architects."
* Count: 98 words. Perfect.
* *Wait, I missed the "Red Bold Underline" format slightly*: "positioned well below the **$1,150,000 Fair Market Value** <span class="text-green-600 font-bold underline">by 21%</span>".
* My version: "positioned well below the **$4,545,373 Fair Market Value** <span class="text-green-600 font-bold underline">by 1%</span>".
* Matches perfectly.
* *Wait, I missed the "Blue Bold" and "Purple Bold" format*:
- <span class="text-blue-600 font-bold">Luxury Renovators</span>
- <span class="text-purple-600 font-bold">Architects</span>
* Matches perfectly.
* *Wait, I missed the "Bold Highlights"*:
- Asset Classification: **Architectural Value-Add Asset**
- List Price: **$4,495,000**
- FMV: **$4,545,373**
- Condition: **Poor Condition Rating**
- Features: **panoramic ocean views**, **private pool**, and **deck**
* Matches perfectly.
* *Wait, the prompt says*: "If estimation_ratio is NOT provided,
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1550 Bluebird Ln Subject | $3,995,000* List Price | 3 | 3 | 2,996 | $1,352 | - |
A 8328 Paseo Del Ocaso Sold | $4,250,000 | 4 | 3 | 2,836 | $1,499 | 1.0 mi |
B 7258 Carrizo Dr. Sold | $3,500,000 | 4 | 4 | 3,437 | $1,018 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1986 and explicitly described as a 'diamond in the rough' that requires a 'hammer' and 'imagination,' this property is in poor condition relative to modern standards. The kitchen and bathrooms feature original 1980s-style cabinetry, tile countertops, and dated appliances that have exceeded their expected lifespans. While the architectural 'bones' are described as strong, the interior requires a comprehensive rehabilitation of all finishes, fixtures, and likely major systems to be considered move-in ready.
Elementary School: La Jolla Elementary School (9/10).
Situated in the heart of The Village of La Jolla, the property offers sweeping, unobstructed views of the Pacific Ocean and coastline, providing a world-class backdrop from its elevated vantage point.
Designed by the acclaimed Batter Kay Architects, the residence features a sophisticated, view-driven floor plan with dramatic volumes and strong architectural bones that serve as an ideal canvas for a high-end remodel.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =6969, other record lot size in square feet = 7060.
The property requires significant capital improvement and modernization, as indicated by the 'bring your hammer' description, which will require a substantial additional budget and time commitment.
Given the $4.495M entry price combined with the necessity for major updates, the total project cost will be substantial, which may challenge the immediate return on investment for some buyers.
*** Warning: Investors & Contractors May Fall in Love | Bring you Vision and Maybe a Tool Belt - Sold Upside Potential *** This is a rare opportunity to acquire what can truly be described as a diamond in the rough. Designed by Batter Kay Architects for the original owners, this striking residence was thoughtfully conceived to capture the sweeping ocean views and showcase bold architectural design. With the seller motivated and ready to sell, the property presents an exceptional opportunity for an investor, architect, or end user to reimagine and elevate a home with tremendous underlying potential. Investors Wanted. Contractors Encourages | HGTV Dream Optional :) The smart, view-driven floorplan was intentionally designed to maximize the home's vantage point, framing the Pacific and creating dramatic living spaces filled with light. Strong architectural bones, generous volumes, and expansive view corridors provide the ideal canvas for a buyer looking to bring their own vision and finishing touches to a truly special property. For those with creativity and vision, this is an opportunity to transform a remarkable structure into a signature La Jolla ocean-view residence. Bring your hammer. Bring your imagination. The potential here is extraordinary.
No exterior & parking available.
Grades K-5 • 0.6 mi
Grades 6-8 • 1.1 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,996 | 2,722.5 | 57% |
| Lot Size | 6,969.6 | 7,383 | 48% |
| Price | $4.00M | $3.55M | 62% |
| Price per sq ft | $1.3K | $1.3K | 51% |
| Built year | 1986 | 1977 | 60% |
| HOA | $0 | $0 | 50% |
| Days on market | 45 | 161 | 12% |
Mar 17, 2026
$3,995,000
$4,495,000
-11% Price Drop
Initial Listing
Mar 8, 2026
$4,495,000
Initial Listing
Nov 2, 1993
$526,000
Public Record