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In the heart of La Jolla Village, a rare street-to-street parcel spanning Virginia Way to Olivet Street pairs a beautifully renovated main residence with uncommon long-term versatility. Few Village properties combine turnkey living today with approvals and groundwork already in place for what comes next. The 1,749-square-foot, 4-bedroom, 2-bath home is updated and move-in ready, centered around a welcoming living room with wood-burning fireplace, oak flooring, and an open kitchen and dining area that flows directly to a private outdoor entertaining patio with fire pit, BBQ, and dining space. Recent improvements include central heating and air conditioning, tankless water heater, new roof, refreshed bathrooms, and full-size LG washer and dryer. Outdoor spaces include a fully enclosed front yard framed by a white picket fence, custom brick herringbone patio, lawn, mature landscaping, and a private rear patio supporting effortless indoor-outdoor living. The driveway accommodates tandem parking. A 578-square-foot separate structure on the Olivet Street side has been substantially prepared, accompanied by plans and approvals for redevelopment including a proposed 1,523-square-foot residence with subterranean garage and a 773-square-foot ADU, along with a nearly complete SB9 lot split. Proven rental history provides established income potential alongside future expansion or redevelopment opportunities.
| Address |
1221 Virginia Way
La Jolla, CA 92037 |
| Listing Status | Active |
| Asking Price | $3,998,000 |
| Original Listing | $3,998,000 @ 2026-03-12 |
| Square Footage | 2327 sf |
| Flooring | Carpet, Wood |
| Bedrooms | 4 |
| Full Bathrooms | 2 |
| Directions | Cross Street: High Avenue. |
| Market Area | 92037 - La Jolla |
| Neighborhood | Village |
| Complex | La Jolla |
| School District | Not Listed |
| Age Restriction | 0 |
| Property Type | |
| Mello-Roos Fee | $0 |
| HOA Fee | $0 |
| County | San Diego |
| Assessor Parcel# | 3505011400 |
| Zoning | RS-1-7 |
| Geographic Areas |
Community College District: San Diego CC |
| Highway Locator |
West of I-15 West of I-5 West of I-805 West of SR-163 West of SR-67 South of SR-78 |
| Ocean Distance | 0.4 miles |
| Style | Single Family Residence |
| Material | Not Listed |
| Lot Size | ~ 5,602 sf |
| Fencing | Partial |
| Topography | Not Listed |
| Roof | Composition |
| Swimming Pool | None |
| Patio | Enclosed |
| Exclusive Yard | 1 |
| Parking |
Other
Driveway
Total Spaces: 2
Garage Spaces: 0
Non-Garage Spaces:
0 -
2.00
|
| View | Ocean, Neighborhood, Peek-A-Boo |
| Year Built | 1977 |
| Laundry Location | Electric Dryer Hookup |
| Elevator | Not Listed |
| Cooling | Central Air |
| Heating | Natural Gas, Forced Air |
| Fireplaces | Living Room (1) |
| Interior Features | Balcony |
| Additional Parcels | No |
| Appliances | Yes |
| Assessments | No |
| Association | No |
| Association Fee 2 | 0 |
| Attached Garage | No |
| Below Grade Finished Area | 0 |
| Carport Spaces | 0 |
| Construction Materials | Wood Siding, Stucco |
| Cooling | Yes |
| Eating Area | Family Kitchen, Area |
| Heating | Yes |
| Land Lease | No |
| Laundry | Yes |
| Levels | Two |
| Living Area Source | Appraiser |
| Lot Size Source | Assessor |
| Lot Size Units | Square Feet |
| Main Level Bathrooms | 0 |
| Main Level Bedrooms | 0 |
| New Construction | No |
| Number Of Units Total | 0 |
| Number Remotes | 0 |
| Parking | Yes |
| Patio | Yes |
| Pool Private | No |
| Property Attached | No |
| Sprinklers | No |
| View | Yes |
| Well Depth | 0 |
| Well Gallons Per Minute | 0 |
| Well Pump Horsepower | 0 |
| Well Report | No |
| Platform | CRMLS |
| AOR | San Diego |
| MLS Number | 260005824SD |
| Courtesy of | Berkshire Hathaway HomeServices California Properties |
| Listing Agent | Maxine Gellens & Marti Gellens-Stubbs |
https://www.delmarvalley.com/260005824SD