
San Diego, California 92037
This oceanfront residence represents a High-Potential Investment Opportunity, listed at a List Price of $3,290,000—positioned above the $2,909,140 Fair Market Value by -13%. While the property requires a complete gut-rehab due to its Condition Rating of 6, the 11th-floor unobstructed panoramic ocean views and full-service amenities provide a rare foundation for a luxury asset. Located near top-rated schools like La Jolla Elementary, this project is ideal for Value-Add Investors or Owner-Occupants seeking to customize a premier coastal residence.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 939 Coast 11 B Subject | $3,290,000* List Price | 2 | 2 | 1,937 | $1,502 | - |
A 939 Coast Boulevard 5e Sold | $2,720,000 | 3 | 2 | 1,774 | $1,533 | 0.0 mi |
B 939 Coast Blvd 11b Sold | $3,050,000 | 2 | 2 | 1,937 | $1,575 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is land value only, full reconstruction required.
Built in 1966 (58 years old) and described as an 'original' residence and 'blank canvas,' the property has had no renovations in over 50 years. The listing explicitly invites a total transformation, and photos show dated built-ins and worn flooring, fitting the criteria for a complete gut-rehab/land-value-only equivalent for a condominium.
Situated on the 11th-floor corner, the unit offers sweeping, unobstructed Pacific Ocean and whitewater views from both the living area and primary suite.
Residents benefit from a full-service lifestyle including 24-hour security, valet parking, and resort-style facilities like a pool, spa, and fitness center.
As an original 'blank canvas' unit, it provides a rare chance for buyers to create a fully customized, modern luxury residence in a premier La Jolla location.
The property is in original condition and requires a complete overhaul, necessitating a significant additional investment of time and capital.
The association fee of $2,041 per month represents a substantial recurring expense that adds to the overall cost of ownership.
SPECTACULAR VIEW!!!!! THIS IS YOUR BLANK CANVAS. Bring your vision, your style, and your imagination and create the most fantastic ocean front residence. With the Pacific as your backdrop, this is a rare opportunity to transform an original oceanfront residence into a home that is uniquely yours. The elevated 11th-floor setting provides an extraordinary perspective at waters edge you can hear the soothing rhythm of the waves, yet high enough to enjoy privacy. At 939 Coast, everyday living is effortless. Full-service valet, 24-hour security, and a staffed front desk provide exceptional service and peace of mind. Resort-inspired amenities include a pool, spa, sauna, fitness center, guest suites, fire-pit lounge, and beautifully designed gathering spaces. EV charging, storage, and bike rooms add convenience to this exceptional coastal lifestyle. This is more than an oceanfront residence—it is a front-row seat to the Pacific, where the sound, light, and beauty of the ocean become part of everyday life.
No exterior & parking available.
Grades K-5 • 0.7 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.1 mi
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,937 | 1,002.307 |
| Lot Size | - | 75,574.68 |
| Price | $3.29M | $596.0K |
| Price per sq ft | $1.7K | $612 |
| Built year | 1966 | 1985 |
| HOA | $2041.0 | $529 |
| Days on market | 32 | 55 |
Aug 8, 2026
$3,290,000
Initial Listing
May 16, 2022
$2,395,000
Public Record