First, I would like to say that we would have given this 4.5* instead of 4 if they'd let us.
The condo is beautiful, in a great location with direct views of the ocean (which may or may not become somewhat obstructed in the future due to new construction across the street). La Jolla is as good as it gets in the San Diego area and this condo is an excellent value there. We really loved the comfort of the layout and our kids enjoyed getting in the private hot tub. The neighborhood is mostly quiet despite easy access to the (rocky) beach, and La Jolla's shopping and restaurant epicenter is a short drive away.
The main downside for us was noise from neighbors walking above. I'm sure they're just walking normally as we would, but at times it sounded like stomping. With little kiddos that we were trying to get to bed in an unfamiliar place, this was a little problematic during a couple of nights.
We were also expecting a tub in one of the showers based on the property description, but both were walk in showers. Again, with little kids, tubs are very helpful.
I also recommend to the owner that they replace or fix the toilet in the right bathroom. It takes a really good push of the button to get it to flush and, when it does, makes a crazy loud noise.
But overall, we were pretty happy with our stay.