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850 Prospect St 7,500 SF 100% Leased Office Building La Jolla, CA 92037 $11,167,360 CAD ($1,488.98 CAD/SF)



EXECUTIVE SUMMARY
Rare La Jolla Medical/Office Building with Ocean Views - Prime Location
An exceptional opportunity for owner-users or investors to acquire a well-maintained small office/medical building in the heart of La Jolla. This approximately 7,500 SF property at 850 Prospect Street boasts direct ocean views from several suites and modern medical interior improvements. Features include a large central courtyard, 15 covered parking spaces in the rear, and convenient patient drop-off/pick-up in the front. The property is currently partially leased, offering immediate income potential with upside for an owner-user to occupy space or for further investment. Situated in a prime location with excellent visibility and ADA accessibility. Offered at $8,000,000. Contact brokers Jill Morton (619.955.2877) or Greg Wagner (858.729.9306) for more information.
An exceptional opportunity for owner-users or investors to acquire a well-maintained small office/medical building in the heart of La Jolla. This approximately 7,500 SF property at 850 Prospect Street boasts direct ocean views from several suites and modern medical interior improvements. Features include a large central courtyard, 15 covered parking spaces in the rear, and convenient patient drop-off/pick-up in the front. The property is currently partially leased, offering immediate income potential with upside for an owner-user to occupy space or for further investment. Situated in a prime location with excellent visibility and ADA accessibility. Offered at $8,000,000. Contact brokers Jill Morton (619.955.2877) or Greg Wagner (858.729.9306) for more information.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
7,500 SF
Building Class
C
Year Built
1983
Price
$11,167,360 CAD
Price Per SF
$1,488.98 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
7,500 SF
Building FAR
0.56
Lot Size
0.31 AC
Zoning
6
1 1
Walk Score®
Walker's Paradise (95)
PROPERTY TAXES
| Parcel Number | 350-070-21 | Improvements Assessment | $616,424 CAD |
| Land Assessment | $4,314,986 CAD | Total Assessment | $4,931,410 CAD |
PROPERTY TAXES
Parcel Number
350-070-21
Land Assessment
$4,314,986 CAD
Improvements Assessment
$616,424 CAD
Total Assessment
$4,931,410 CAD
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850 Prospect St
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