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521 Arenas St1 / 46 · Click to zoom

About this home

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!

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
🏷 Last sold$1,550,000 · Apr 2019
📋 Assessed value$1,763,628
💵 Annual tax$22,194
🏫 School districtSan Diego City Unified School District

MLS #260018214SD

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$20,643
Principal & interest$16,661
Property tax$3,020
Home insurance$961
Down payment: $659,000Loan: $2,636,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.