A ONCE-IN-A-LIFE-TIME DEVELOPMENT OPPORTUNITY 5504 La Jolla Blvd 577 SF Retail Building La Jolla, CA 92037 For Sale

5504 La Jolla Boulevard presents a rare opportunity to acquire one of the last premier corner development sites in the heart of Bird Rock while benefiting from stable in-place income. The property is leased to Don Bravo Mexican Grill through December 31, 2031, providing substantial cash flow that can help offset ownership costs while a buyer evaluates redevelopment opportunities and pursues planning, permitting, and entitlement approvals. Located in one of San Diego’s most sought after coastal neighborhoods, the property offers exceptional mixed-use redevelopment potential under LJPD-4 zoning, with the possibility of increased development intensity through available incentive programs. Just steps from the Pacific Ocean, boutique shopping, acclaimed restaurants, and the vibrant Bird Rock village, this is a generational opportunity to acquire an irreplaceable coastal asset with both immediate income and exceptional long-term development potential. CALL FOR OFFERS BY AUGUST 21, 2026 (inquire with broker)