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Closed
- Listed price
- $6,300,000
- Listed Nov 16, 2012
- Sold price
- $5,925,000
- Sold Jun 7, 2013
18,622 sqft lot00|142 MLS days on market
236 Prospect St, La Jolla, CA 92037
Property Description
Amazing property and location! Largest land offering of income property in La Jolla- 1 block to the ocean. Hotel type income in a quiet residential beach area know as "Redwood Hollow" Redwood Hollow offers a charming cottage experience, many units have fireplaces and patios. Package listing consisting of 2 legal lots, 11 units in total 242-254 Prospect St, which consists of 8 units 11,621 sf lot designated Historic Site #347 see listing for "Mills Act" property tax details. 236-240 Prospect St lot size is 7000 s.f. not designated HIstoric. Both properties are currently rented as daily weekly and monthly rentals, TOT licenses for 8 units. Great income property for savvy creative clients. Owner has begun to work with a Boutique Hotel Management company to upgrade units, improve marketing and determine current rental income. Redwood Hollow enjoys reliable return clients along with client referrals. Mills act property taxes are reassessed after COE typical tax savings vary between 30-70%.
Listing agent: Mary Ellen MorganDRE #00922400marrymorgan@gmail.com, Listing office: Gallery Properties
MLS data updated 10/30/2026, 2:51:06 PM PT
Source: CRMLSMLS #: 120057386
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$5,925,000
Jun 7, 2013
Available records22012–2013
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92037 · Oct 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92037 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
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MLS records may be incomplete. Earlier asking prices are not sale prices.