7825 Fay AveSan Diego, CA 92037

This Class A, 100,843 square foot office building in San Diego's prestigious La Jolla submarket presents a compelling user sale opportunity. Located at 7825 Fay Ave, 92037, this 1984-built property boasts 261 parking spaces and sits on a 0.8-acre lot. Currently 49% occupied, the building offers a strong tenancy anchored by a long-term tenant since 1996, and includes reputable financial advisors, attorneys, and accountants. The building's efficient, open-air design seamlessly integrates interior spaces with outdoor balconies and a courtyard, maximizing natural light and airflow. Its prime location, three blocks from the coast and within the Village of La Jolla's vibrant retail scene (836,000 square feet of retail), provides a walk score of 97. The La Jolla submarket is highly coveted, with limited Class A office space and no new construction underway. This presents a rare opportunity to acquire a high-quality asset in a supply-constrained market with strong demographics, including an average household income of $268,870 and a median home asking price of $2,073,000 in the surrounding area. The property generates $2,283,148 in annual in-place revenue, making it an attractive option for owner-users seeking a combination of cash flow and depreciation tax benefits. The building's flexible floor plates can accommodate a wide range of tenant requirements, maximizing its appeal to larger office users.