2136 Paseo Dorado, La Jolla, California 92037, La Jolla, 92037 - 4 bed, 3 bath

2136 Paseo Dorado, La Jolla, California 92037 home-pic-0
ACTIVE$3,995,000
2136 Paseo Dorado, La Jolla, California 92037
4Beds
3Baths
2,225Sqft
Lot

Price Vs. Estimate

The estimated value ($3,001,619.75) is $993,380.25 (24%) lower than the list price ($3,995,000). This property may be overpriced.

Key pros and cons

Top Pros:
Prime Coastal Location: The property is located 'just moments from the sand in La Jolla Shores Village,' offering superb proximity to the beach, shops, restaurants, UCSD, Biotech Mesa, and beachfront parks, ideal for a desirable coastal lifestyle.
Top Cons:
Significant Overpricing: The listing price of $3.995 million is 24% above the estimated property value of $3.001 million, which could deter potential buyers and prolong market time.

Compared to the nearby listings

Price:$4.00M vs avg $3.59M (+$405,000)58%
Size:2,225 sqft vs avg 2,711 sqft28%
Price/sqft:$1.8K vs avg $1.4K85%

More Insights

Built in 1973 (52 years old).
Condition: Despite being built in 1973, this property shows evidence of significant and recent renovations, particularly in the kitchens and bathrooms. Both kitchens feature modern white or two-tone shaker cabinets, stainless steel appliances, contemporary countertops (quartz/marble-look), and updated fixtures. The bathrooms also boast modern vanities, subway tile, and updated lighting. The flooring throughout is a mix of well-maintained hardwood and modern tile. The overall interior appears fresh, clean, and move-in ready, indicating extensive renovation within the last 5-15 years, aligning with the 'Good' condition criteria.
Year Built
1973
Close
-
List price
$4M
Original List price
$4M
Price/Sqft
$1,796
HOA
-
Days on market
-
Sold On
-
MLS number
250024756SD
Home ConditionGood
Features
View-

About this home

Just moments from the sand in La Jolla Shores Village, (one of La Jolla’s most beloved coastal neighborhoods,) this enchanting storybook-style Tudor duplex offers a compelling opportunity for investors and end-users alike. With a detached apartment and superb rental history across all units, the property is both a charming retreat and an income-producing gem. The main residence is a captivating Tudor Revival, showcasing lofty soaring open-beam ceilings, an arched front door, leaded-glass windows, skylights and a sun-drenched private patio perfect for al fresco relaxation. With timeless architecture and a consistently strong rental history, this home lives beautifully whether as a cherished primary home or as an investment. The detached guest house, privately set above the garage, enjoys its own gated entry and address—an ideal retreat for guests or additional income potential. With flexible use options and superb proximity to the La Jolla Shores Beach, shops, restaurants, UCSD, Biotech Mesa and beachfront parks, this is a rare opportunity to own two homes in one of San Diego’s most treasured coastal enclaves. Whether you’re seeking a legacy property, a coastal second home with supplemental income, or a 1031 exchange investment, this is a singular chance to own a piece of La Jolla Shores history just a short stroll to world-class dining, kayaking, surfing, and the beach.

Condition Rating
Good

Despite being built in 1973, this property shows evidence of significant and recent renovations, particularly in the kitchens and bathrooms. Both kitchens feature modern white or two-tone shaker cabinets, stainless steel appliances, contemporary countertops (quartz/marble-look), and updated fixtures. The bathrooms also boast modern vanities, subway tile, and updated lighting. The flooring throughout is a mix of well-maintained hardwood and modern tile. The overall interior appears fresh, clean, and move-in ready, indicating extensive renovation within the last 5-15 years, aligning with the 'Good' condition criteria.
Pros & Cons

Pros

Prime Coastal Location: The property is located 'just moments from the sand in La Jolla Shores Village,' offering superb proximity to the beach, shops, restaurants, UCSD, Biotech Mesa, and beachfront parks, ideal for a desirable coastal lifestyle.
Income-Generating Potential: As a Tudor duplex with a detached apartment and a superb rental history across all units, it presents a compelling opportunity for investors seeking an income-producing asset.
Unique Architectural Charm: The 'enchanting storybook-style Tudor duplex' features captivating Tudor Revival architecture with lofty open-beam ceilings, an arched front door, leaded-glass windows, and skylights, providing distinct character.
Flexible Use Options: The property offers versatile usage, suitable as a cherished primary home, a coastal second home with supplemental income, a 1031 exchange investment, or a retreat for guests in the detached guest house.
Established Rental History: The consistently strong rental history across all units provides a proven track record of income, appealing to investors looking for stable returns.

Cons

Significant Overpricing: The listing price of $3.995 million is 24% above the estimated property value of $3.001 million, which could deter potential buyers and prolong market time.
Age of Property: Built in 1973, the property's age, despite its architectural charm, may imply a need for significant updates or potential deferred maintenance to meet contemporary standards and buyer expectations.
Lack of Modern Amenities Detail: The description highlights architectural features but lacks specific details on modern interior updates or amenities (e.g., central air conditioning, renovated bathrooms, smart home technology) that buyers at this price point often expect, suggesting potential additional investment.

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