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12 Units in the rarely traded Village of La Jolla. Long term ownership has meticulously maintained the property with professional management. Huge upside by updating the units to achieve market rents which are about 20% higher. Increase NOI with a RUBS Program, charge for parking as well as on site storage lockers. All units are 2BR/2Bath averaging 1,025 SF. Plenty of gated and off street parking spaces. Phenomenal La Jolla location with beautifully maintained curb appeal! This is a must see for an investor looking for a turnkey property in one of the most desirable coastal cities in the country.
Property Type(s):
Commercial
| Last Updated | 12/3/2024 | Community | La Jolla |
|---|---|---|---|
| County | San Diego |
Additional Details
| AIR CONDITIONING | Yes |
|---|---|
| AREA | La Jolla |
| CONSTRUCTION | Stucco |
| HOA DUES | 0 |
| LOT | 0.3 acre(s) |
Location
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Listed with Marcus & Millichap
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