
La Jolla, California 92037
This Single Family Residence presents a High-Potential Investment Opportunity with a List Price of $1,749,000—positioned well below the $2,147,295 Fair Market Value by 18%. This valuation gap offers $398,295 in Instant Equity for buyers. Featuring a Condition Rating of 4, the home serves as a prime canvas for modernization. With Ocean Views, access to Resort-Style Amenities, and proximity to Top-Rated Schools like Bird Rock Elementary, this property is ideal for Value-Add Investors or Owner-Occupants seeking long-term appreciation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 5735 Caminito Empresa Subject | $1,749,000* List Price | 3 | 3 | 2,566 | $837 | - |
A 5877 Soledad Mountain Road Sold | $2,085,000 | 3 | 2 | 2,401 | $868 | 0.8 mi |
B 1455 Caminito Solidago Pending | $1,899,995 List Price | 3 | 3 | 2,609 | $728 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1987 (37 years old), the home is functional and well-maintained but clearly dated. The kitchen features older raised-panel cabinetry and decorative tile work, and the listing explicitly markets the property as a 'canvas' with 'remodeling potential,' indicating that while livable, it requires modern updates to systems and finishes.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 59283, living area = 2566.
Elementary School: Bird Rock Elementary School (10/10).
The property features desirable ocean views from the primary suite and retreat, situated in a sought-after La Jolla neighborhood with easy access to Bird Rock, Pacific Beach, and local surf spots.
The association fee of $855 per month is relatively high, which may impact the budget of fee-sensitive buyers despite the extensive amenities provided.
Marketed as a 'perfect canvas' with 'remodeling potential,' the property likely requires a substantial additional capital investment to modernize its 1987 original finishes and fixtures.
Wonderful ocean-view detached residence offering an exceptional opportunity to create your dream home. With an expansive floor plan, abundant natural light, and remodeling potential, this home is the perfect canvas to bring your vision to life. The spacious living and dining great room features multiple French doors that open to the patio and side area, creating an inviting indoor-outdoor lifestyle. The generously sized kitchen with a center island flows seamlessly into the separate family room and breakfast nook, where an abundance of windows fill the space with natural light and captures the tranquil outdoor setting. The ocean view primary suite has a fireplace, walk-in closet, and view balcony. You also have a separate ocean view retreat/room that could easily serve as an office, nursery, exercise area. The spacious primary bath includes dual sink vanities, a soaking tub, separate shower, and skylight. Enjoy the tranquil patio, ideal for relaxing or entertaining while taking advantage of the peaceful ambiance. This is a fantastic opportunity to personalize a home with ocean views in a highly desirable La Jolla neighborhood. Within the Ventana development, it’s a short walk to the pool and spa. Additionally, right outside the gate you'll find resort-style amenities at the La Jolla Alta Clubhouse. Enjoy five tennis courts (including pickleball), two swimming pools (one is a heated year round lap pool), jacuzzi, sauna, fitness center, lounge/library along with an entertaining room featuring a kitchen for your special occasions. Easy access to Tourmaline Surfing Park, Pacific Beach Boardwalk, Bird Rock's shops and restaurants, and La Jolla Cove. There's also exceptional school options, such as Bird Rock Elementary, Muirlands Middle School, and La Jolla High School. You also have various private and parochial school choices nearby. Don't miss this opportunity to experience the very best of coastal California living.
No exterior & parking available.
Grades K-5 • 1.0 mi
Grades 6-8 • 1.5 mi
Grades 9-12 • 1.6 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 3.0 | 4.0 |
| Square foot | 2,566 | 2,834 |
| Lot Size | - | 16,094 |
| Price | $1.75M | $3.68M |
| Price per sq ft | $682 | $1.4K |
| Built year | 1987 | 1980 |
| HOA | $855.0 | $562 |
| Days on market | 6 | 60 |
Jul 16, 2026
$1,749,000
Initial Listing