429 Nautilus St - Apartments FOR SALE


La Jolla, CA 92037- Beach Barber Tract
$5,495,000 USD
858-227-4707
429 Nautilus St, La Jolla, CA for Sale
$5,495,000 USD
Apartments - FOR SALE
1/24
null | Request Cap Rate

429 Nautilus St
La Jolla, CA 92037
Beach Barber Tract


HIGHLIGHTS

  • One Block to Windansea Beach
  • STVR Potential
  • Value-Add
  • Coastal La Jolla

OVERVIEW

Offered on the open market for the very first time, this rare La Jolla coastal opportunity delivers immediate cash flow alongside significant long-term development upside. Located just steps from iconic Windansea Beach, the property features two complete homes perfectly suited for high-end residential leasing or dual short-term vacation rentals (STVR). Highlighting alley access and a sizeable parcel, the asset presents lucrative potential for expansion or a lot division (buyer to verify). Ample parking includes 2 garage spaces per unit in addition to 4 uncovered driveway spaces for the front residence. A truly irreplaceable coastal portfolio addition combining prime La Jolla positioning with strong financial return.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$1,721 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,747,500

CAP RATE

Request Cap Rate

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2000

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

351-350-09

ASK ABOUT THIS PROPERTY

Grant ThiemOn Point Real EstateMore Info
858-227-4707

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Grant ThiemOn Point Real EstateMore Info
858-227-4707

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.