521 Arenas St, La Jolla, CA, 92037
About This Home
Variance granted for Alternate Property Class! Exceptional coastal investment opportunity just blocks away from iconic Windansea Beach! This versatile property features two spacious 3BR/2BA units, currently operating as successful vacation rentals, offering outstanding flexibility for investors, owner-occupants, or multi-generational living. The larger, upstairs unit showcases beautiful ocean views and a private balcony, while the downstairs unit enjoys its own secluded yard, ideal for seamless indoor-outdoor coastal living. Each unit includes a detached 1 car-garage along with abundant additional off-street parking - a rare and highly valuable amenity in this coveted beachside location. Just moments from world class beaches, renowned dining, upscale shopping, and the vibrant village lifestyle of La Jolla, this is a rare opportunity to own a highly versatile income-producing property in one of South California's most sought-after coastal communities!
Getting Around
Very Walkable
Very Limited Transit
BikeableSchools
Construction
Condition
- Year built: 1973
Materials
- Roof: Other/Remarks
- Construction materials: Stucco,Wood
Type & Style
- Home type: SingleFamily
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: Garage Door Opener,Microwave,Refrigerator,Washer,Electric Oven,Electric Range,Electric Stove,Electric Cooking
- Laundry features: Other/Remarks,Washer Hookup
Bedrooms & Bathrooms
- Bedrooms: 6
- Bathrooms: 4
- Full bathrooms: 4
Heating & Cooling
- Heating features: Other/Remarks
- Cooling features: Other/Remarks
Interior Area
- Total structure area: 2,206
- Total interior livable area: 2,206 sqft
Property
Details
- Parcel number: 3511510100
Features
- Levels: 2 Story
- Pool features: N/K
- Patio & porch: Patio,Patio Open
- Fencing: Full
- Has view: Yes
- View description: Panoramic Ocean,Coastline
- Has water view: Yes
- Water view: Panoramic Ocean
Lot
- Lot size: 3,998 sqft
Parking
- Total spaces: 5
- Parking features: Detached,Garage - Front Entry,Garage Door Opener
- Has garage: Yes
- Attached garage spaces: 2
- Covered spaces: 2
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Earthquake
- Heat Wave
- Inland Flooding
- Wildfire
How This Home’s Risks Compare
FEMA Declared Disasters in San Diego County and California
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $16,661 | $199,932 |
| Home Insurance * | $391 | $4,692 |
| Property Taxes | $3,551 | $42,612 |
| Electricity | $473 | $5,676 |
| Total | $21,076 | $252,912 |
Income You'd Need if You Spent...
California FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-15 | Listed for sale | $3,295,000 |
| 2024-10-05 | Listing removed | $5,995 |
| 2024-09-24 | Price change | $5,995 |
| 2024-09-06 | Price change | $6,250 |
| 2024-08-31 | Listed for rent | $6,500 |
| 2019-05-15 | Sold | $1,550,000 |
| 2019-04-07 | Pending sale | $1,629,000 |
| 2019-03-28 | Price change | $1,629,000 |
| 2019-02-18 | Price change | $1,649,000 |
| 2019-01-11 | Price change | $1,689,000 |
| 2018-11-17 | Price change | $1,699,000 |
| 2018-10-16 | Price change | $1,749,000 |
| 2018-08-23 | Listed for sale | $1,799,000 |
| 2016-10-31 | Listing removed | $2,595 |
| 2013-08-08 | Listing removed | $2,400 |
| 2013-07-20 | Listed for rent | $2,400 |
| 2005-05-10 | Sold | $1,200,000 |
View on Zillow