429 433 Nautilus Street, La Jolla, CA 92037

$5,495,000

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List Price
$5,495,000
Status
ACTIVE
MLS#
NDP2608215
Year Built
1982
Lot Size
5,848
Acres
0.13
Lot Location
2-5 Units/Acre
Days on Market
8
Property Type
Multifamily
Property Sub Type
Duplex

Property Description

Offered on the open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return.

Additional Information

Pool Description
None
Garage Spaces Total
4
Attached Structure
Detached
Number Of Units Total
2
Gross Scheduled Income
$137,400
Operating Expense
65693

Listing courtesy of Listing Agent: Alex Yerbury (alex@opreinc.com) from Listing Office: OPRE, Inc..

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.