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346 Palomar Ave
La Jolla, CA 92037
La Jolla Courtyard Apartments · Multifamily Property For Sale
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11 Units
PROPERTY FACTS
| No. Units | 11 | Lot Size | 0.26 AC |
| Property Type | Multifamily | Building Size | 8,800 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1956 |
| Building Class | B | ||
| Zoning | RM-3-7 | ||
| No. Units | 11 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | B |
| Lot Size | 0.26 AC |
| Building Size | 8,800 SF |
| No. Stories | 2 |
| Year Built | 1956 |
| Zoning | RM-3-7 |
ABOUT 346 PALOMAR AVE , LA JOLLA, CA 92037
LOCATION DESCRIPTION La Jolla is one of the top beach destinations in the world. With a dramatic coastline boasting incredible views, it's no surprise that La Jolla is one of the most popular beach destinations in California. Surrounded on three sides by the sea and backed by the steep slopes of Mt. Soledad, La Jolla's natural beauty, abundance of activities and upscale village lifestyle ensure that it lives up to its nickname as "the jewel" of San Diego. PROPERTY DESCRIPTION The La Jolla Courtyard Apartments consist of 11 spacious 1-bedroom / 1-bathroom apartments. Boasting ~ 750 square feet in size, six of the eleven units boast dens on top of the 1 bedroom / 1 bath configuration. The property is extremely well maintained, all with original hardwood floors and tasteful upgrades. There is a private interior courtyard for tenants to enjoy along with laundry facilities and BBQ / sitting area. Off the alley are seven over-sized garages and a storage unit which generate additional income. Via modern interior renovations there is immense rental upside potential, in some cases as much as $1,000/mo in room to increase rents. The world famous Windansea Beach is a block away from the property which is by far the most attractive and irreplaceable amenity the property offers. It is truly a living space in which, "there are no bad days."
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 11 | $2,113 | 750 |
PROPERTY TAXES
| Parcel Number | 351-466-14 | Improvements Assessment | $853,369 |
| Land Assessment | $5,466,041 | Total Assessment | $6,319,410 |
PROPERTY TAXES
