8503 Villa La Jolla Drive A, La Jolla, California 92037, La Jolla, 92037 - 2 bed, 2 bath
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8503 Villa La Jolla Drive A
La Jolla, California 92037
ACTIVE
CONDITION: GOOD
2Beds
2Baths
978Sq Ft
0Lot Size
Property Price
LIST PRICE$699,900
EST. MARKET VALUE
$724,007
3% BelowMARKET VALUE
SUMMARY
This Condominium is a Strong Value Opportunity, listed at $699,900—positioned well below the $724,008 Fair Market Value by 3%. This valuation gap offers $24,108 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the unit includes a granite kitchen and a private patio with neighborhood views. Zoned for top-tier schools like Torrey Pines Elementary, this property is an ideal acquisition for first-time buyers or Owner-Occupants seeking entry into the prestigious La Jolla market.
Estimated Market Value
$724,007+$24,107 Equity Potential
Based on Realkey algorithm analyzing recent comparable sales in La Jolla.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 8503 Villa La Jolla Drive A Subject 2 bd · 2 ba · 978 sqft · $740 | $699,900* List Price | 2 | 2 | 978 | $740 | - |
A 3131 Via Alicante 201 Sold 2 bd · 2 ba · 1,017 sqft · $723 · 0.2 mi | $735,000 | 2 | 2 | 1,017 | $723 | 0.2 mi |
B 8448 Via Sonoma 100 Sold 2 bd · 2 ba · 1,074 sqft · $731 · 0.4 mi | $785,000 | 2 | 2 | 1,074 | $731 | 0.4 mi |
C 3116 Via Alicante G Sold 1 bd · 1 ba · 691 sqft · $796 · 0.1 mi | $550,000 | 1 | 1 | 691 | $796 | 0.1 mi |
D 3167 Via Alicante 242 Sold 2 bd · 2 ba · 1,017 sqft · $718 · 0.2 mi | $730,000 | 2 | 2 | 1,017 | $718 | 0.2 mi |
E 3235 Via Alicante 52 Sold 2 bd · 3 ba · 1,332 sqft · $664 · 0.3 mi | $885,000 | 2 | 3 | 1,332 | $664 | 0.3 mi |
F 8561 Villa La Jolla Dr K Sold 1 bd · 1 ba · 691 sqft · $760 · 0.1 mi | $525,000 | 1 | 1 | 691 | $760 | 0.1 mi |
G 8650 Via Mallorca E Pending 2 bd · 2 ba · 978 sqft · $741 · 0.1 mi | $724,900 List Price | 2 | 2 | 978 | $741 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Good
TeardownExcellent
Property is move-in ready.
The property is well-maintained, clean, and move-in ready. The kitchen features granite countertops and wood cabinetry from a previous renovation (estimated 10-15 years old). While the building itself dates back to 1972 and retains older wall heating units, the interior spaces are functional and in good condition.
PROSSTRENGTHS & OPPORTUNITIES
- Great Schools
Elementary School: Torrey Pines Elementary School (9/10). High School: University City High School (9/10).
- Premier School District
The property is zoned for top-tier educational institutions, including Torrey Pines Elementary (rated 9/10) and La Jolla High, which significantly bolsters long-term property value and appeal to families.
- Competitive Price Point
Priced at $699,900, this residence offers a rare entry-level opportunity into the prestigious La Jolla market for a two-bedroom, two-bathroom condominium.
CONSRISKS & DEFICIENCIES
- Aging Infrastructure
Built in 1972, the property may require capital improvements or modern aesthetic updates to compete with newer luxury developments in the surrounding area.
- Compact Living Area
With only 978 square feet of living space for a two-bedroom layout, the interior may feel constrained for buyers prioritizing spaciousness or large furniture arrangements.
About 8503 Villa La Jolla Drive A
LOCATION, LOCATION, LOCATION! Welcome to Villa La Jolla, where convenience is truly at your doorstep. Just a 5-minute walk to La Jolla Village Square, featuring Trader Joe’s, Starbucks, AMC, World Market, Ralphs, Ross, Pilates, and an amazing selection of restaurants. Walk past one more traffic light and you’re at UCSD! This bright 2-bedroom, 2-bath first-floor end unit features a private patio and one assigned covered parking space. Enjoy community pools, spa, fitness center, clubhouse, and BBQ areas. Low HOA dues include water and trash! Both bathrooms feature upgraded bidet toilet systems. Enjoy the best of La Jolla living with shopping, dining, entertainment, and UCSD all within an easy walk! Come visit and discover a place you’ll be happy to call home!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1972
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $399.0 / Month
Neighborhood Insights
La Jolla Unified Schools
Torrey Pines Elementary School
Grades K-5 • 0.6 mi
9/10
Muirlands Middle School
Grades 6-8 • 3.0 mi
8/10
University City High School
Grades 9-12 • 1.5 mi
9/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 978 | 1,304.393 |
| Lot Size | - | 91,430.08 |
| Price | $699.9K | $1.20M |
| Price per sq ft | $716 | $890 |
| Built year | 1972 | 1978 |
| HOA | $399.0 | $750 |
| Days on market | 31 | 61 |
Pricing History
Listed for Sale
Sep 24, 2026
$699,900
Initial Listing
Sold
Apr 30, 2021
$540,000
Public Record
Sold
Aug 7, 2009
$365,000
Public Record