7509 Draper Ave 306, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
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La Jolla, California 92037
This penthouse condo represents a High-Potential Investment Opportunity, listed at a List Price of $915,500—positioned well above the $831,276 Fair Market Value by -10%. While currently priced above market, the property offers a Fair Condition Rating with significant upside through cosmetic modernization. Located in the heart of La Jolla Village, it features a Granite Kitchen, private laundry, and scenic Mt. Soledad views. With proximity to La Jolla Elementary (9/10), this is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a prime coastal lifestyle.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 7509 Draper Ave 306 Subject | $899,999* List Price | 2 | 2 | 938 | $904 | - |
A 7514 Girard Ave Apt 22 Sold | $840,000 | 2 | 2 | 1,012 | $830 | 0.2 mi |
B 6455 La Jolla Blvd 155 Sold | $775,000 | 2 | 2 | 989 | $784 | 1.0 mi |
C 935 Genter 305 Sold | $1,100,000 | 2 | 2 | 1,130 | $973 | 0.3 mi |
D 7811 Eads Ave 206 Sold | $790,000 | 1 | 1 | 761 | $1,038 | 0.3 mi |
E 6455 La Jolla Blvd 206 Sold | $854,250 | 2 | 2 | 989 | $864 | 1.0 mi |
F 356 Playa Del Norte 8 Active | $1,045,000 List Price | 2 | 2 | 973 | $1,074 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2000, the property is 26 years old, which falls into the 'Fair' category (>20 years). While the unit is well-maintained and move-in ready with stainless steel appliances, the maple cabinetry, tile backsplash, and overall aesthetic are dated and original to the construction period, suggesting a need for modern updates.
Elementary School: La Jolla Elementary School (9/10).
Situated in the heart of La Jolla Village, this property offers exceptional walkability to world-class dining, high-end shopping, and coastal attractions, ensuring high desirability and resale value.
As a top-floor penthouse, the unit provides enhanced privacy and superior natural light, complemented by scenic views of Mt. Soledad and a peek of the Pacific Ocean.
At 938 square feet, the interior dimensions are relatively small for a two-bedroom unit, which may limit its appeal to families or those requiring more spacious living areas.
The $682 monthly association fee is a significant recurring expense that increases the total cost of ownership and may impact the property's attractiveness to investment-focused buyers.
Single level 2 bedroom, 2 bath 938 square foot penthouse pied-a terre in the heart of La Jolla Village in Bella Capri with an assigned underground parking space and an interior private laundry. The efficient kitchen has stainless steel appliances and a gas stove top, custom maple cabinetry and granite counter tops. The master suite has a sliding door to the balcony with a view of the night lights from Mt. Soledad. The guest bedroom has a peek of the ocean and a walk-in closet. There are ceiling fans and lots of natural light throughout. This condo is ideal as a primary home, rental or second home. Come see for yourself.
No exterior & parking available.
Grades K-5 • 0.3 mi
Grades 6-8 • 0.7 mi
Grades 9-12 • 0.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 938 | 1,244.5 |
| Lot Size | - | 19,128 |
| Price | $900.0K | $1.23M |
| Price per sq ft | $959 | $906 |
| Built year | 2000 | 1981 |
| HOA | $682.0 | $686 |
| Days on market | 37 | 66 |
Jul 10, 2026
$899,999
$915,500
-2% Price Drop
Initial Listing
Jun 15, 2026
$915,500
Initial Listing
Jul 18, 2014
$565,000
Public Record
Feb 28, 2005
$583,500
Public Record