This coastal multifamily property presents a unique value-add opportunity in the highly desirable La Jolla market. Situated just 0.2 miles from Windansea Beach, the asset offers a premier location within a Mediterranean coastal community renowned for its walkability, vibrant lifestyle, and proximity to key employment sectors. The property comprises six units, including two 2BR/2BA, two 2BR/1BA, and two 1BR/1BA layouts, totaling approximately 4,571 square feet of living area. Four of the six units are vacant and renovation-ready, allowing for immediate rental repositioning. Set on a flat, prominent corner lot of 9,227 square feet with dual street frontage on Rosemont and Electric, this property provides alley access for enhanced circulation and includes four dedicated one-car garages. Potential income upside is significant, with a projected long-term monthly market rent of $29,800, equating to $357,600 annually, and an attractive Airbnb or short-term rental potential estimated at $50,000 monthly. Current financial metrics indicate a GRM of 19.3 and a 3.25% cap rate, underscoring long-term investment stability in an affluent coastal enclave supported by education, healthcare, biotechnology, and tourism.