
Del Mar, California 92014
Analysis of 446 15th Street, Del Mar, California 92014 is currently available with a list price of $4,000,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Del Mar Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1957 and maintained in mostly original condition for over 50 years, the property falls into the 'Poor' category due to age and lack of renovation. The kitchen and bathrooms feature vintage finishes (such as the pink tile vanity) and original cabinetry that are well beyond their functional lifespan, necessitating a full rehab to meet modern standards.
Elementary School: Del Mar Hills Elementary School (9/10). Middle School: Pacific Trails Middle (10/10). High School: Torrey Pines High School (9/10).
Situated in the heart of Olde Del Mar, the property offers exceptional walkability to the Del Mar Plaza, high-end dining, and world-class beaches.
The inclusion of a separate 480 sqft studio ADU provides valuable flexibility for multi-generational living, a private guest suite, or consistent rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1320, other record living area = 1800. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
Built in 1957 and held by the same family for 50 years, the property likely requires significant modernization or a complete overhaul to meet contemporary luxury standards.
At a $4 million listing price for a 1,320 sqft main residence, the property commands a significant premium that primarily reflects the land value and location rather than the existing structure.
Ideally located in the heart of Olde Del Mar, this ocean view, single level beach cottage has been lovingly cared for by the same family for over 50 years. Rarely available in this coveted pocket of estate homes, it is time to pass the torch to a new owner to enjoy as-is or upgrade and expand to a greater vision. Upon stepping inside, ocean views greet you through picture windows, while old style vaulted wood-beam ceilings and a classic red brick fireplace anchor the light-filled living room. The main home offers 3 BR 2 BA and 1,320 SF of living space including built-in storage in the bedrooms and hallway. A separate studio ADU 480 SF with its own entrance adds flexibility for multi-generational living, a guest suite, or rental income. Outside is a spacious patio area, an enclosed laundry area, an outdoor shower, and built-in BBQ. Below the patio area is a well-placed storage shed and a large gardening area or place for dogs to roam. Walk in minutes to the Del Mar Plaza, Village shops and businesses, numerous restaurants, Powerhouse Park and gorgeous white sand beaches. Del Mar is a historic seaside village known for its legendary thoroughbred racetrack, deep Hollywood roots, and its natural coastal beauty. This is a truly unique opportunity to own an ocean view, Olde Del Mar cottage in an extraordinary location. The City of Del Mar is in the midst of a Citywide Undergrounding Program (UP). The UP is designed to remove utility poles and replace overhead cables for electricity and telecommunications with underground lines.
No exterior & parking available.
Grades K-6 • 1.0 mi
Grades K-6 • 1.3 mi
Grades 7-8 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.8 |
| Baths | 2.0 | 4.2 |
| Square foot | 1,320 | 3,056.447 |
| Lot Size | 6,100 | 9,543.263 |
| Price | $4.00M | $3.97M |
| Price per sq ft | $3.0K | $1.5K |
| Built year | 1957 | 1990 |
| HOA | $0 | $600 |
| Days on market | 27 | 45 |
Aug 13, 2026
$4,000,000
Initial Listing