$5,300,000
↓ $450K (7.8%)
●
House -
For Sale
1570 Virginia Way
La Jolla, CA 92037
5 Beds
3 Baths,
1
Half Bath
3,500 Ft²
$26,024
Est. Monthly
About This Property
An exceptional opportunity in the heart of La Jolla, this
historically designated American Lodge, built by the Helms family,
has been approved for the Mills Act-an important tax benefit for
buyers and a rare preservation incentive. Poised for thoughtful
restoration or development, the property sits on a generous lot
with inspiring 180° ocean views from the front including north
shore views of the Shores, Scripps Pier, Blacks Beach, and Glider
Port. The home exudes a timeless warmth and charm with its
expansive redwood-lined living room, while additional picturesque
seaside elements are found throughout the interior and exterior
spaces. A large back deck is the perfect place to host family and
friends while enjoying endless sunny days and Pacific and coastline
views. Enjoy unparalleled walkability to the Village's
world-class restaurants and boutiques, the Museum of Contemporary
Art San Diego (MCASD), and TripAdvisor's recently rated #1 beach in
the U.S., La Jolla Cove. Ideal for a buyer seeking a historic
treasure with development potential and prime access to La Jolla's
cultural and coastal amenities.
Unit Size
3,500 Ft²
Days on Market
138 days
Land Size
0.64 acres
Price per sqft
$1,514
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
2015
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 6 days ago (SDMLS #260013689SD)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 15, 2026 | Price Decreased |
$5,300,000
↓ $450K
(7.8%) | |
| Price Decreased | |||
| Jun 5, 2026 | Listed by Compass | $5,750,000 | |
| Listed by Compass | |||
| Jun 13, 2020 | No longer available | - | |
| No longer available | |||
| Mar 18, 2020 | Listed | $4,199,999 | |
| Listed | |||
| | |||
|
If the Great Gatsby was going to build a property on the West Coast, this would've been the spot! A Southampton vibe, nestled high above the majestic coastal landscapes of La Jolla on over half an acre of rarely seen property, this customized architectural gem, delivers a historical experience of elegance, luxury and privacy. Upon entering the home, eyes are immediately drawn to the 180 degrees of ocean views, from the North Shore to the La Jolla Cliffs. This is a rare find for buyers and investors alike. The manager has listed the unit size as 2862 square feet.
| |||
Property Highlights
Garage
Fireplace
Parking Details
Has Garage
Has Open Parking
Parking Features: Driveway, Garage, Garage Door Opener
Garage Spaces: 2
Open Parking Spaces: 6
Interior Details
Half Bathrooms: 1
Full Bathrooms: 3
Interior Features: SeparateFormalDiningRoom, BedroomOnMainLevel
Appliances: Dishwasher, Disposal, Microwave
Laundry Features: Gas Dryer Hookup
Has Fireplace
Fireplace Features: Family Room
Exterior Details
Square Footage: 3500
Square Footage Source: $0
Year Built Source: Assessor
Year Built: 1915
Levels: Two
Construction Materials: Wood Siding
Patio and Porch Features: Deck
Pool Features: None
Lot Size Area: 27878
Lot Size Units: Square Feet
Lot Size Acres: 0.64
Lot Size Square Feet: 27878
Utilities Details
Cooling Type: None
Heating Type: Floor Furnace, Natural Gas
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Northern San Diego
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Listed by: Brett Dickinson, Compass
Last Updated: 6 days ago
Data Source: CRMLS, MLS# 260013689SD
Last Updated: 6 days ago
Data Source: CRMLS, MLS# 260013689SD
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