5544 La Jolla, La Jolla, 92037

Commercial - Commercial-Off/Rtl/Ind For Sale

$1,595,000

Beds
Baths
Sqft
Built
41DOM
MLS® #: 190019148
ACTIVE, 41 Days on Market

This is an opportunity to own a commercial building in the Bird Rock neighborhood of La Jolla. Roughly 40% of the property is currently leased to La Jolla Vacation Rentals and 60% of the property is vacant. This provides a unique opportunity for a business operator, investor and/or developer. A business operator can purchase the building potentially with an SBA Loan and operate their business out of one suite, while collecting rent from the other tenant. An investor can purchase the property and lease out the other 60% vacant square feet and collect a healthy CAP Rate ranging between 4%-6% within the first year of ownership. A developer can take advantage of the property by building a structure that can have magnificent ocean views. Please contact the Listing Agent for a detailed Offering Memorandum on the property.

Essential Information

MLS® #: 190019148
Price: $1,595,000
Bathrooms: 0.00
Acres: 0.00
Type: Commercial
Sub-Type: Commercial-Off/Rtl/Ind
Status: ACTIVE

Community Information

Address: 5544 La Jolla
Area: LA JOLLA (92037)
City: La Jolla
County: San Diego
State: CA
Zip Code: 92037

Additional Information

Date Listed: April 9th, 2019
Days on Market: 41

Listing Details

Listing Office: Tony Franco Realty, Inc.

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 © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 1:53pm PDT.

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 © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 1:53pm PDT.