La Jolla, CA
Commercial Real Estate Market Trends & Data

$928 Avg asking sale price
$41 Avg asking lease rate
6,559 SF Avg unit lease size
9,732 SF Avg building size for sale
4.61% Average cap rate

La Jolla's Demographic Profile

La Jolla has 19,660 households and a median income of $129,064, providing context for rent absorption and tenant demand across retail and multifamily assets. A +2% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 56,401
# Households 19,660
Median age 35
Median household income $129,064
Avg household size 2.0
Renter-occupied housing units 8,294
5-year population change +2%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near La Jolla, CA

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
La Jolla $529 12,988 SF 6.47%
Pacific Beach $433 26,691 SF 8.75%
Nearby Industrial Markets Avg Cost/SF Typical Size Cap Max
San Diego $407 26,749 SF 7.44%
Lemon Grove $353 8,730 SF 6.53%
Nearby Retail Markets Avg Cost/SF Typical Size
La Jolla $1,521 10,321 SF
Pacific Beach $870 5,115 SF
Solana Beach $771 10,382 SF
Ocean Beach $812 5,994 SF
San Diego $730 8,251 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
La Jolla $1,125 4,718 SF 5.57%
Pacific Beach $938 4,752 SF 16.41%
Ocean Beach $831 5,777 SF 6.67%
San Diego $673 10,488 SF 16.41%

Commercial Properties For Sale in La Jolla

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

1251-1253 Van Nuys St. - Pacific Beach

San Diego, CA 92109

  • 4,000 SF Multifamily
  • 4.41% Cap Rate
  • $5,000,000
For Sale

The Pacific Beach Van Nuys 4 Plex

San Diego, CA 92109

  • 3,250 SF Multifamily
  • 3.69% Cap Rate
  • $4,000,000
For Sale

10505 Sorrento Valley Rd

San Diego, CA 92121

  • 54,302 SF Office Building
  • $12,400,000
For Sale

Herschel Avenue Apartments

La Jolla, CA 92037

  • 10,655 SF Multifamily
  • 4.20% Cap Rate
  • $4,500,000
For Sale

849-855 Emerald St

San Diego, CA 92109

  • 4,930 SF Multifamily
  • $4,875,000
For Sale

RARE BIRD ROCK COASTAL INVESTMENT PROPERTY

La Jolla, CA 92037

  • 2,030 SF Retail Building
  • $2,200,000

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether La Jolla pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
La Jolla $928 9,732 SF
Pacific Beach $843 9,519 SF
Del Mar $1,043 13,592 SF
Solana Beach $963 14,286 SF
Ocean Beach $806 5,841 SF

Regional Demographic Comparison

This comparison places La Jolla alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in La Jolla or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
La Jolla 56,401 19,660 35 $129,064 2 8,294 2%
Pacific Beach 49,998 24,868 36 $100,033 2 17,758 3%
Del Mar 4,792 2,340 53 $171,887 2 1,036 4%
Solana Beach 14,329 6,315 47 $123,242 2 2,455 2%
Ocean Beach 29,222 13,188 39 $101,656 2 8,345 -1%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in La Jolla, CA and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in La Jolla

View All Commercial Real Estate For Sale in La Jolla
Is La Jolla a good market for a first-time commercial real estate investor?

La Jolla offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in La Jolla?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in La Jolla. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in La Jolla?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for La Jolla. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does La Jolla compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to La Jolla. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for La Jolla acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in La Jolla, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

Nearby Market Trends