La Jolla, CA 92037,1271 Cave St
La Jolla, CA 92037,1271 Cave St
La Jolla, CA 92037,1271 Cave St
6
$2,695,000
$2,695,000
Est.Price: ?

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7,331 Sqft Lot

1271 Cave St La Jolla, CA 92037

Est. payment /mo
SOLD DATE : 12/13/2021

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Key Details

Sold Price $2,695,000

Property Type Vacant Land

Listing Status Sold

Purchase Type For Sale

Subdivision La Jolla

MLS Listing ID 210022281

Sold Date 12/13/21

HOA Y/N No

Lot Size 7,331 Sqft

Acres 0.1683

Property Description

Rare-in-a-lifetime opportunity to acquire a lot in the heart of the village. Walk a block to world-famous La Jolla Caves, another to the cove, & even fewer steps to the shops, restaurants & venues that make La Jolla a global destination. RM-1-1 zoning allows one home per 3,000sq.ft. and means the 7,330sq.ft. lot is legal for two units. The allotted .75 Floor Area Ratio means your footprint is allowable to 5,497sq.ft. Go a 2nd floor for ocean views & enjoy your gardens on the quiet mostly residential street. Build a large primary residence, add an ADU; submit for a small lot subdivision to build two SFRs with underground parking; design and build twin homes or detached cloud condos under an HOA plan; add a subterranean basement to each home for parking and more living space. Your build options to be verified with the City of San Diego.

Location

State CA

County San Diego

Area 92037 - La Jolla

Zoning RM-1-1

Interior

Fireplace No

Exterior

Fence Partial

Present Use Residential

Building

Lot Description Level

Others

Senior Community No

Tax ID 3501101100

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Cash

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California Regional MLS (CRMLS)
Listed by Gregg Whitney • Billionaires Row
Bought with Diana DuPre • DuPre Real Estate

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Cher Team

Broker | License ID: 02094241

+1(949) 683-7472

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