8260 Paseo Del Ocaso, La Jolla, California 92037, La Jolla, 92037 - 3 bed, 2 bath
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La Jolla, California 92037
Analysis of 8260 Paseo Del Ocaso, La Jolla, California 92037 reveals a Fairly Priced Property with a current list price of $4,900,000 aligned with the estimated $4,852,165 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Fair Condition Rating (50/100), suggesting the property is in acceptable condition with potential for value enhancement through selective updates and improvements. Located in a high-demand neighborhood within the La Jolla Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8260 Paseo Del Ocaso Subject | $4,900,000* List Price | 3 | 2 | 1,765 | $2,749 | - |
A 8355 La Jolla Shores Dr Active | $5,995,000 List Price | 3 | 2 | 2,295 | $2,612 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property is well-maintained and livable, but its overall style and features are dated. The kitchen has modern stainless steel appliances but basic cabinetry and countertops. Bathrooms are clean and functional but small and basic. While the hardwood flooring appears in good condition, the property has not undergone a full, recent renovation. The listing description itself highlights 'development potential' and the opportunity to 'customize or expand,' indicating that the existing structure requires substantial modernization to meet contemporary luxury standards expected in this prime location.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7607, living area = 1765.
Elementary School: Torrey Pines Elementary School (9/10).
Unbeatable proximity to the beach, La Jolla Beach & Tennis Club, and village amenities, offering a highly desirable coastal lifestyle just blocks away.
Built in 1947, the main residence may require substantial modernization, renovations, or a complete rebuild to align with contemporary luxury standards expected in this price range and location.
The $4.9 million list price, while reflecting the land value and location, represents a significant investment, potentially narrowing the pool of prospective buyers.
The 1,765 sq. ft. main residence, while charming, is relatively modest in size compared to the large lot and high price, suggesting that the primary value lies in the land and future development rather than the existing home's square footage.
Exceptional opportunity in the heart of La Jolla Shores! Situated on a generous 7,871 sq. ft. lot, this rare 1,765 sq. ft. property features a 3-bedroom, 2-bath main residence plus a detached 1-bedroom, 1-bath casita—perfect for guests or a private home office. The flexible layout is centered around a spacious, enclosed courtyard that offers privacy and effortless indoor-outdoor living. With its large lot and versatile footprint, the property offers incredible development potential. Customize or expand the current layout, build your dream beach compound, or maintain as a charming, income-producing retreat in one of San Diego’s most desirable coastal neighborhoods. Just blocks from the beach, La Jolla Beach & Tennis Club, and the shops and restaurants of La Jolla Shores Village, this is a rare chance to own a property with character, flexibility, and upside in an unbeatable location.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.9 mi
Grades 9-12 • 1.9 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 44% |
| Baths | 2.0 | 3.0 | 23% |
| Square foot | 1,765 | 2,709 | 15% |
| Lot Size | 7,607 | 7,577.5 | 50% |
| Price | $4.90M | $3.55M | 73% |
| Price per sq ft | $2.8K | $1.3K | 96% |
| Built year | 1947 | 1977 | 9% |
| HOA | $0 | $0 | 50% |
| Days on market | 137 | 161 | 41% |
Dec 6, 2025
$4,900,000
Initial Listing
Feb 1, 2000
$900,000
Public Record