
La Jolla, California 92037
This Coastal Development Asset represents a High-Potential Investment Opportunity listed at $3,399,000—closely aligned with the $3,355,229 Fair Market Value for this premier coastal enclave. Currently in an Uninhabitable Shell Condition, the 2,834 sqft structure provides a total blank canvas on an expansive 19,500 sqft lot featuring serene Canyon Views. Located in the prestigious Muirlands neighborhood near Top-Rated Schools like Bird Rock Elementary (10/10), the property offers massive development upside through a custom rebuild. This is a strategic acquisition for Luxury Developers or Custom Home Builders.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 2045 Avila Ct Subject | $3,399,000* List Price | 3 | 3 | 2,834 | $1,184 | - |
A 5504 Rutgers Road Sold | $3,900,000 | 4 | 3 | 2,712 | $1,438 | 1.0 mi |
B 1177 Muirlands Vista Way Sold | $3,975,000 | 3 | 4 | 3,151 | $1,262 | 0.7 mi |
C 1567 Calle De Andluca Sold | $3,053,025 | 4 | 3 | 2,420 | $1,262 | 0.6 mi |
D 7255 Via Capri Active | $3,100,000 List Price | 3 | 2 | 2,244 | $1,381 | 0.9 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property is in shell condition and explicitly described as uninhabitable, requiring a complete interior build-out. It lacks a functional kitchen, bathrooms, flooring, and updated systems. While the structure is preserved as a blank canvas for redesign, it currently requires substantial rehabilitation and capital investment.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 19500, living area = 2834.
Elementary School: Bird Rock Elementary School (10/10).
Situated in the prestigious Muirlands neighborhood of La Jolla, the property offers proximity to world-class beaches, village amenities, and top-rated schools with scores up to 10/10.
The property is currently in shell condition, requiring a complete interior build-out and substantial capital investment before it can be occupied.
Due to the need for a total redesign and reconstruction, buyers must navigate lengthy permitting and construction phases, delaying immediate use of the property.
Located in the highly sought-after Muirlands neighborhood of La Jolla, this single-story opportunity offers exceptional potential to create a custom residence. Featuring 3 bedrooms and 3 baths, the property is currently in shell condition and ready for a complete redesign. The existing footprint provides a blank canvas for new vision in one of La Jolla's most established coastal communities. Ideally situated near beaches, shopping, dinning, and village amenities. A unique opportunity to reimagine and personalize a home in premier location.
No exterior & parking available.
Grades K-5 • 1.4 mi
Grades K-5 • 1.4 mi
Grades 6-8 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 45% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 2,834 | 2,712 | 53% |
| Lot Size | 19,500 | 7,548 | 81% |
| Price | $3.40M | $3.50M | 44% |
| Price per sq ft | $1.2K | $1.3K | 34% |
| Built year | 1958 | 1977 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 63 | 161 | 19% |
Feb 18, 2026
$3,399,000
Initial Listing