457 Coast Boulevard 202, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
ACTIVE$2,400,000
457 Coast Boulevard 202, La Jolla, California 92037
2Beds
2Baths
975Sqft
Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Great Schools: Elementary School: La Jolla Elementary School (9/10).
Top Cons:
High Association Fees: The monthly association fee of $864.0 is substantial and could significantly impact the overall cost of ownership and investment returns.
Compared to the nearby listings
Price:$2.40M vs avg $1.20M (+$1,200,000)86%
Size:975 sqft vs avg 1,252 sqft22%
Price/sqft:$2.5K vs avg $90899%
More Insights
Built in 1970 (55 years old).
Condition: Despite being built in 1970, this property has undergone an extensive and thoughtful renovation, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating. The kitchen features modern white shaker cabinets, granite countertops, a subway tile backsplash, and stainless steel appliances, all appearing new and in pristine condition. Both bathrooms are fully updated with contemporary vanities, fixtures, and tiling. The entire unit boasts new wood-look tile flooring, recessed lighting, and a fresh, open-concept design. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
1970
Close
-
List price
$2.4M
Original List price
$2.4M
Price/Sqft
$2,462
HOA
$864
Days on market
-
Sold On
-
MLS number
NDP2504264
Home ConditionExcellent
Features
Excellent View: Coastline, Park/Greenbelt, Ocean, Panoramic, Water
Deck
ViewCoastline, Park/Greenbelt, Ocean, Panoramic, Water
About this home
Rare opportunity to own in one of La Jolla’s few short-term rental–approved buildings—an exceedingly scarce find offering uninterrupted views with no one between you and the ocean. A truly exceptional opportunity. This 2BD/2BA, condo is just steps from Cuvier Park and an easy stroll to the Village. Thoughtfully updated with a European-style kitchen, in-unit laundry, and open-concept living areas designed to capture breathtaking sunsets. Currently operating as a highly successful Airbnb with strong occupancy, it’s ideally suited as a second home or income-generating investment, with the flexibility to serve as a full-time residence if desired. Includes one deeded garage parking space. Prime coastal setting with ocean breezes and seamless access to La Jolla’s beaches, fine dining, galleries, and village charm.
Nearby schools
9/10
La Jolla Elementary School
Public,•K-5•0.6mi
8/10
Muirlands Middle School
Public,•6-8•1.0mi
8/10
La Jolla High School
Public,•9-12•0.8mi
Condition Rating
Excellent
Despite being built in 1970, this property has undergone an extensive and thoughtful renovation, aligning with the 'extensively renovated within 5 years' criteria for an excellent rating. The kitchen features modern white shaker cabinets, granite countertops, a subway tile backsplash, and stainless steel appliances, all appearing new and in pristine condition. Both bathrooms are fully updated with contemporary vanities, fixtures, and tiling. The entire unit boasts new wood-look tile flooring, recessed lighting, and a fresh, open-concept design. All visible components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
Great Schools: Elementary School: La Jolla Elementary School (9/10).
Exceptional Coastal Location & Views: Prime coastal setting in La Jolla, steps from Cuvier Park and the Village, offering uninterrupted ocean, coastline, and panoramic views with breathtaking sunsets.
Rare Short-Term Rental Approval: One of the few buildings in La Jolla approved for short-term rentals, presenting a significant and highly sought-after income-generating opportunity.
Proven Investment Performance: Currently operating as a highly successful Airbnb with strong occupancy, demonstrating established income potential for investors.
Versatile Property Use: Offers flexibility as a lucrative investment property, a luxurious second home, or a full-time coastal residence, catering to diverse buyer needs.
Modern Updates & Conveniences: Features a thoughtfully updated European-style kitchen, in-unit laundry, open-concept living areas, and includes a valuable deeded garage parking space.
Cons
High Association Fees: The monthly association fee of $864.0 is substantial and could significantly impact the overall cost of ownership and investment returns.
Building Age: Constructed in 1970, the building is over 50 years old, which may lead to potential future maintenance or assessment costs for common areas, despite interior unit updates.
Compact Living Space: At 975 sqft for a 2-bedroom, 2-bathroom unit, the living space might be considered compact for some buyers, especially given the premium price point in La Jolla.