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6780-6786 La Jolla Blvd 5,176 SF 100% Leased Retail Building La Jolla, CA 92037 $4,890,000 ($944.74/SF) 3.63% Cap Rate
Executive Summary
Rare mixed-use investment opportunity located just one block from Windansea Beach in La Jolla. The property consists of five total units, including three commercial spaces and two residential units.
The commercial spaces are currently leased, providing existing income, while the residential component offers additional income and long-term upside. The property benefits from its highly desirable coastal location with close proximity to Windansea Beach, La Jolla Boulevard, restaurants, shops and neighborhood amenities.
A unique opportunity to acquire a mixed-use asset in one of San Diego’s most desirable coastal communities with strong long-term ownership and investment potential.
The commercial spaces are currently leased, providing existing income, while the residential component offers additional income and long-term upside. The property benefits from its highly desirable coastal location with close proximity to Windansea Beach, La Jolla Boulevard, restaurants, shops and neighborhood amenities.
A unique opportunity to acquire a mixed-use asset in one of San Diego’s most desirable coastal communities with strong long-term ownership and investment potential.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
5,176 SF
Building Class
C
Year Built
1961
Price
$4,890,000
Price Per SF
$944.74
Cap Rate
3.63%
NOI
$177,475
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.98
Lot Size
0.06 AC
Zoning
LJPD-4, San Diego
Frontage
96’ on La Jolla Blvd
Amenities
- Signage
- Air Conditioning
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 351-391-09 | Improvements Assessment | $796,478 |
| Land Assessment | $1,479,175 | Total Assessment | $2,275,653 |
Property Taxes
Parcel Number
351-391-09
Land Assessment
$1,479,175
Improvements Assessment
$796,478
Total Assessment
$2,275,653
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6780-6786 La Jolla Blvd