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1271 Prospect
Coastal South La Jolla 92037

$12,500,000
Com-Off/Rtl/Ind

Main Photo: Property for sale: 1271 Prospect in La Jolla
Photo 1: Property for sale: 1271 Prospect in La Jolla
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Photo 8: Property for sale: 1271 Prospect in La Jolla
Status:
Active
Prop. Type:
Com-Off/Rtl/Ind
MLS® Num:
220006295
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.
Price Includes:
Building, Land
Price Per SqFt:
3750000.0
Stories:
1 Story
County:
San Diego
Market Area:
Coastal South
Short Sale:
No
Listing Type:
Exclusive Agency (A)
Number of Units:
5
Terms:
Cash, Cash to Existing Loan
Construction Material:
Concrete
Cooling:
Central Forced Air Elec
Heating:
Central Forced Air Elec
Roof:
Composition
Floor finish:
Slab
Sales Restrictions:
Call Agent
Parcel Number:
350-100-01-00
Gross scheduled income:
311928.0
Operating expense:
5000
Existing Financing:
Conventional
Financial Information Source:
Owner
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Listed by California Fine Properties
Data was last updated September 30, 2022 at 11:10 AM (UTC)
Area Statistics
Listings on market:
10
Avg list price:
$1,949,500
Min list price:
$2,000
Max list price:
$12,500,000
Avg days on market:
301
Min days on market:
108
Max days on market:
1,562
Avg price per sq.ft.:
$842.14
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations.
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 Multiple Listing Service, Inc. 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 Multiple Listing Service, Inc.