5518 La Jolla Blvd - Retail FOR SALE


La Jolla, CA 92037- Bird Rock
$2,200,000 USD
858-456-5101
5518 La Jolla Blvd, La Jolla, CA for Sale
$2,200,000 USD
Retail - FOR SALE
1/9
null | Request Cap Rate

5518 La Jolla Blvd
La Jolla, CA 92037
Bird Rock


HIGHLIGHTS

  • Fair Market Value renewal option in 1 year
  • Prime Mixed-Use Development Opportunity
  • One of the few remaining Development Sites in Bird Rock

OVERVIEW

A RARE BIRD ROCK COASTAL INVESTMENT & REDEVELOPMENT OPPORTUNITY 5518-5520 La Jolla Boulevard presents a rare opportunity to acquire an irreplaceable commercial property in the heart of Bird Rock, one of Southern California’s most coveted coastal communities. Home to Lupi Vino Cucina Bar, a beloved neighborhood restaurant that has successfully operated at this location for more than two decades, the property offers immediate income with exceptional near-term flexibility. With approximately one year remaining on the current lease term followed by a five-year Fair Market Value renewal option, investors have a unique opportunity to reset rents to market, negotiate a long-term lease extension with an established operator, reposition the property for a new tenant, or evaluate future redevelopment opportunities. Situated along the highly desirable La Jolla Boulevard corridor, the property benefits from outstanding pedestrian activity, affluent surrounding demographics, and immediate proximity to the Pacific Ocean, boutique retail, award winning restaurants, and the vibrant Bird Rock Village. Zoned LJPD-4, the site also offers compelling long-term mixed-use redevelopment potential, with opportunities to increase development intensity through available zoning incentives and housing programs. Whether viewed as a stable coastal investment with significant upside or a strategic land acquisition for future redevelopment, 5518–5520 La Jolla Boulevard represents an exceptionally scarce opportunity to own one of the few commercial properties available in Bird Rock.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$1,084 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

RARE BIRD ROCK COASTAL INVESTMENT PROPERTY

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

LJPD-4

APN/PARCEL ID

357-531-08

ASK ABOUT THIS PROPERTY

Greg VelasquezSingle Net PropertiesMore Info
858-456-5101

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Greg VelasquezSingle Net PropertiesMore Info
858-456-5101

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