With ocean views and a premium setting on a landmark street that is walking distance to the restaurants, boutiques, art galleries and nightlife options that have made La Jolla Village a world-renowned destination, this unique coastal residence is a rare opportunity. Located in close proximity to La Jolla Country Club and a short drive from local beaches, highly rated schools and famous surf breaks, the residence consists of a three bedroom/two bath main home, two other dwellings with alley access and a spacious lot with unlimited possibilities. Ocean views are available from the expansive, partially covered view deck off the upper level rear dwelling, which has vaulted ceilings, a full kitchen and a den that could be used as a second bedroom. The main home includes a tile roof, an open kitchen with counter seating, a spacious master bedroom and covered patio. The lower level rear dwelling is a non-permitted 1 BR/1 BA apartment that could serve as a guest house or the perfect teen/mother-in-law quarters. With architectural renderings already completed that would allow for the building of two approx. 3,500 sf residences with separate APNs, as well as a perc test and engineering report that will convey with purchase, the property could be perfect for an ocean-close family compound or (2) dream homes. With an exclusive location in a highly sought-after neighborhood with sidewalks, along with the chance to park the car in the two car garage for extended periods and easily stroll to everything La Jolla Village has to offer, this is the ultimate property.