Only San Diego · Since 1999
Only San Diego · Since 1999
Jeff Brick · CompassQuestions about this home? Call or text Jeff, 858-324-4448
PendingONLY SAN DIEGOSINCE 1999 Only San Diego · San Diego MLSBalanced MarketLa Jolla · 4.6 months of houses for sale · typical home sells in 27 daysMarket report 15 days on market · MLS# 260024160
$2,895,000

7847-49 Exchange Place, La Jolla, CA 92037

2Beds
2Baths
1,258Sq ft
1929Built
5,091Lot sq ft

Listed by Lauren Gable, Compass · 619-778-4050

Jeff Brick
Your agent for this homeJeff BrickREALTOR® · Compass · 2026 SDMLS President
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About this home

Tucked away on Exchange Place in the heart of the Village, this 1929 Tom Shepherd original is a rare chance to own a piece of La Jolla's iconic, architectural history, just a short stroll from the village's shops, restaurants, galleries, the Cove and along the coastline. Preserved in remarkably original condition, the home showcases the craftsmanship and character that made Shepherd's homes some of the most sought-after of the era. A private courtyard creates a true indoor-outdoor retreat, perfect for morning coffee, evening dinners, or simply enjoying the La Jolla climate in complete seclusion, a rare luxury so close to the village. Out back, a detached one-bedroom, one-bath ADU offers its own private entrance, patio, and in-unit laundry, ideal for guests, a home office, multigenerational living, or rental income. Homes of this pedigree, untouched and this close to the village, almost never come to market.

Remarks provided by the listing agent through SDMLS.

Home facts

Everything SDMLS reports for this home
$2,301Price per sq ft
NoneHOA dues
NoneMello-Roos / CFD
5,091 sq ftLot
4Parking spaces
YesADU / guest unit
192997 years old
15Days on market

Interior

Bedrooms2
Bathrooms2 full
Living area1,258 sq ft
Levels1 Story
RoomsBedroom Entry LevelDenDining AreaPrimary Bdrm 2OfficeKitchenLiving RoomPrimary BedroomLaundryPrimary Bathroom
AppliancesDishwasherDryerRefrigeratorWasherGas OvenGas StoveGas Range
Fireplace1 · FP in Living Room
LaundryGas

Heating, cooling & utilities

HeatingForced Air Unit (Natural Gas)
CoolingWall/Window, Mini Split
WaterMeter on Property
SewerSewer Connected

Exterior & lot

Lot size5,091 sq ft (4,000-7,499 SF)
FencingGate

Construction

Year built1929
Exterior wallsWood, Shingle Siding
RoofComposition

Parking

Other spaces4
Total spaces4

HOA, fees & community

HOA duesNone
Mello-Roos / CFDNone
Known restrictionsCoastal Commission

Property & listing details

Home typeDetached
ZoningR 1-8
Parcel number (APN)350-122-13-00
NeighborhoodLa Jolla
Subdivision / tractLA JOLLA
MLS areaCoastal South
CountySan Diego
Accepted financingCash, Conventional, VA
Listed onOct 5, 2026
Original list price$2,895,000
Last price changeOct 5, 2026
Days on market15
MLS #260024160

Facts from San Diego MLS as reported by the listing agent. Deemed reliable but not guaranteed. Questions about any detail? Text Jeff.

Off-market · not on Zillow, Redfin or the MLS

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Compass Private Exclusives are not listed in the MLS and are not part of the SDMLS data on this site. Images show the neighborhood, not the home.

What it costs to own

Your estimated monthly cost

— / month
Principal & interest—
Property tax (1.251% a year)—
Home insurance (California average)—
HOA duesNone listed
Income needed (housing at 28% of gross pay)—
Down payment—
Property tax for the year—

Rate starts at the Freddie Mac 30-year average, week of November 5, 2026.

Rent vs. buy

Typical rent in 92037 is about $3,925/month. Owning this home runs about — more each month before tax benefits and equity.

Home values in 92037
+6%1 year
+36%5 years
+97%10 years

Estimates, not a loan quote. Tax uses the San Diego County City of San Diego rate on the list price; insurance is the California average policy; rent and value trends are Zillow indexes for the ZIP. Mortgage calculator · Cost to own in San Diego · Insurance and lending pros

This home vs. its market

La Jolla is a Balanced market

4.6 months of inventory for houses in October 2026. Under 3 months favors sellers, 3 to 6 is balanced, over 6 favors buyers.

$2,301Price per sq ft (area: $1,337, 72% above)
15 daysOn market (area median: 27 days)
$3,825,000Area median house price (+16% vs last year)
97%Of list price that sellers got

Area figures: San Diego MLS closed sales, October 2026, houses in ZIP 92037, compiled by Jeff Brick.

The neighborhood

Living in La Jolla

$2,220,000Median sale price
90Avg. days on market
145Homes for sale

Market data: SDMLS.

Read the full La Jolla guide →
Schools

Schools for this home

Schools as listed in SDMLS. Confirm enrollment boundaries with the school district.

See all La Jolla schools in Jeff's guide →

Similar homes nearby

Based on information from the San Diego Multiple Listing Service as of November 12, 2026 at 3:10 PM. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Jeff Brick, REALTOR® · Compass · California DRE #02156850 · Report a listing error

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