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$10,000,000
Est. payment /mo
0.3 Acres Lot
UPDATED:
12/04/2024 07:55 PM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 240027829
Lot Size 0.300 Acres
Acres 0.3
Property Description
12 Units in the rarely traded Village of La Jolla. Long term ownership has meticulously maintained the property with professional management. Huge upside by updating the units to achieve market rents which are about 20% higher. Increase NOI with a RUBS Program, charge for parking as well as on site storage lockers. All units are 2BR/2Bath averaging 1,025 SF. Plenty of gated and off street parking spaces. Phenomenal La Jolla location with beautifully maintained curb appeal! This is a must see for an investor looking for a turnkey property in one of the most desirable coastal cities in the country.
Location
State CA
County San Diego
Area La Jolla (92037)
Exterior
Total Parking Spaces 24
Building
Story 3
Lot Size Range .25 through .50 Acres
Others
Space Rent $559,020
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Listed by Thomas McCartin • Marcus & Millichap
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