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1271 Prospect

La Jolla, CA 92037
  • $12,500,000
  • STATUS: ACTIVE
  • ON SITE: 264 Days
  • ID#: 220006295
UPDATED: 68 min ago
$12,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
County:

School Ratings & Info

Description

Situated at the entrance of Prospect St., this desirable retail building consists of five in-line spaces. Historical high occupancy for this A+ location with breathtaking ocean views. High year round foot traffic provides for thriving business, which include restaurants & women’s boutiques. Value add component for the investor with an appetite for development. Opportunity to add luxury condo units above the retail spaces.

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San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/126869250
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1271 Prospect La Jolla, CA 92037

  • Price: $12,500,000
  • Status: ACTIVE
  • On Site: 264 Days
  • Updated: 68 min ago
  • ID#: 220006295
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
La Jolla (92037)
County:
San Diego
Area:
La Jolla (92037)
Property Description
Situated at the entrance of Prospect St., this desirable retail building consists of five in-line spaces. Historical high occupancy for this A+ location with breathtaking ocean views. High year round foot traffic provides for thriving business, which include restaurants & women’s boutiques. Value add component for the investor with an appetite for development. Opportunity to add luxury condo units above the retail spaces.
Exterior Features

Construction Concrete Location Free Standing Parking Public Roof Composition

Interior Features

Cooling Central Forced Air Elec Floors Slab Heating Central Forced Air Elec Stories 1 Story

Property Features

Actual Gross Scheduled Income 311928.0 Actual Operating Expense 5000 Assumable Finance 0 Commercial Property Type Retail Sale Existing Financing Conventional Financial Information Source Owner Mandatory Remarks None Known Market Area Coastal South Motive Want Trophy Sale Property Type RetailOther/Remarks Sale Includes BuildingLand Sales Restrictions Call Agent Short Sale No Sq Ft Source Buyer To Verify Terms CashCash To Existing Loan

San Diego MLS logo Listing provided courtesy of California Fine Properties: [IDXCONTACTINFORMATION]. Listing information © 2022 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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The Neuman Team Real Estate Inc.
516 5th Avenue
San Diego CA, 92101