
La Jolla, California 92037
This property presents a High-Potential Investment Opportunity with a List Price of $2,795,000—positioned well below the $2,878,838 Fair Market Value by 2%. This valuation gap offers $83,838 in Instant Equity for buyers willing to finalize the pending permits. Featuring a Dual-Living Configuration and Panoramic Easterly Views, the home is in Excellent Condition following a total rebuild. Located near Top-Rated Schools like Bird Rock Elementary, this is a strategic acquisition ideal for Buy-and-Hold Investors or Multi-Generational Families.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5713 Desert View Drive Subject | $2,795,000* List Price | 5 | 4 | 3,350 | $859 | - |
A 5515 Thunderbird Sold | $2,550,000 | 5 | 3 | 2,847 | $896 | 0.5 mi |
B 5777 Desert View Sold | $2,500,000 | 5 | 4 | 2,904 | $861 | 0.1 mi |
C 5979 Via Zurita Sold | $3,295,000 | 3 | 2 | 3,157 | $1,044 | 0.8 mi |
D 2434 Ridgegate Row Sold | $2,350,000 | 4 | 4 | 2,350 | $1,000 | 0.6 mi |
E 6077 Firwood Row Sold | $2,085,000 | 4 | 4 | 2,939 | $709 | 0.4 mi |
F 5725 Soledad Mountain Active | $3,000,000 List Price | 4 | 4 | 3,220 | $932 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although originally built in 1973, the property is described as 'totally rebuilt,' placing it within the <5-year renovation window for an Excellent rating. The home features a modern exterior, multiple new decks, and a full secondary kitchen in the lower unit. While the physical condition is mint, the buyer must finalize outstanding city permits currently in plan review.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40100, living area = 1608.
Elementary School: Bird Rock Elementary School (10/10).
The property is uniquely designed as two separate units with independent entries and full kitchens, offering exceptional flexibility for multi-generational families or potential rental income.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 3350, other record living area = 1608. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 2.
Some reconstruction work was performed without city permits, requiring the buyer to assume the responsibility and risk of finalizing the current plan review with the City.
The upper and lower levels have no internal access between them, which may be a drawback for families seeking a traditional, cohesive single-family home layout.
Fantastic Easterly views to the mountains and beyond. 5 bedrooms and 4 full baths, 3BR 2 BA up and 2 BR 2 BA down with totally separate entry. Large recreation room down with full Kitchen. Home is totally rebuilt. Downstairs is a totally separate unit with no access from main house. Below is a gym of about 350 SF, not included in SF above. There are numerous decks and balconies on all levels and a deck off the living room with dramatic view. Some work done without City Permits and buyer will have to finalize the permits which are applied for now and in plan review. This is the reason for low price as home should be close to $3.3MM. This is essentially two units in one house, ideal for large split family.
No exterior & parking available.
Grades K-5 • 1.2 mi
Grades K-5 • 2.0 mi
Grades K-5 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 4.0 |
| Baths | 4.0 | 3.7 |
| Square foot | 3,350 | 2,809.518 |
| Lot Size | - | 12,330.107 |
| Price | $2.79M | $3.70M |
| Price per sq ft | $834 | $1.3K |
| Built year | 1973 | 1980 |
| HOA | $0 | $548 |
| Days on market | 39 | 55 |
Aug 1, 2026
$2,795,000
Initial Listing
Jan 24, 2025
$1,600,000
Public Record
Feb 26, 2004
$750,000
Public Record
Jan 14, 2004
$460,000
Public Record