1025 Prospect StSan Diego, CA 92037

Property Details for 1025 Prospect St

Year built

2000

Lot size

0.35 AC

Property size (Sq ft)

27,582 SF

Zone code

COMMERCIAL

Property type

Retail properties

Property subtype

Retail space

APN

350-091-03-00

APU

3500910300

Description

This exceptional commercial property, located at 1025 Prospect Street in the heart of La Jolla, California (zip code 92037), offers a unique opportunity for businesses seeking a prestigious address. The property is classified as both retail and office space, currently featuring four available suites ranging in size from 698 square feet to 2,150 square feet. The building boasts a multi-tenant occupancy structure, providing a vibrant and collaborative environment. Situated in San Diego County, this location benefits from highly affluent demographics and is surrounded by a concentration of upscale retailers, renowned restaurants, and luxury hotels. The property's prime location ensures excellent visibility and accessibility. Many suites offer stunning ocean views, enhancing the overall appeal and desirability of the space. Convenient access to the second floor is provided via both escalators and elevators, ensuring ease of movement for tenants and their clients. This is an ideal opportunity for businesses seeking a sophisticated and well-connected location in one of San Diego's most desirable neighborhoods. The property's combination of size flexibility, prime location, and amenities makes it a highly attractive investment.

• CAP approach

  CAP return

  Valuation

  6%

  $8,498,999

  6.5%

  $7,845,230

  7%

  $7,284,856

• Comparable approach

  Method

  Valuation

  Relative Method

  $11,249,217

  Geo Method

  $24,464,252

• Alternative Use

  Use

  Valuation

  Residential

  $6,617,744

  Hospitality

  $6,061,818

  Educational

  $5,043,362

  Medical

  $5,216,811

  Retail

  $7,845,230

Location Insight

City

La Jolla

County

San Diego

State

California

Latitude

32.8476

Longitude

-117.274

CBSA code

41740

CBSA name

SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].