Description
Incredible opportunity in the heart of La Jolla's village! * 6,998 SF lot with a ~ 3,000 SF medical building with single tenant * Zone 2 of the La Jolla Planning District * Max FAR is 1.7, but FAR is 1.3 if all residential * Min lot size is 2,500 SF * Uses include mixed use, community office and/or residential units only * Tenant has exercised the option to extend the lease to 6/30/2024 and has 1 remaining 5-year extension option * Current tenant pays $10,181.55/mo [Supplement]: * Rent increases by 3% annually on 6/30 * Shown with accepted offer only
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0BEDS
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0.16ACRES
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0BATHS
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01/2 BATHS
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3,000SQFT
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$998$/SQFT
Description
Incredible opportunity in the heart of La Jolla's village! * 6,998 SF lot with a ~ 3,000 SF medical building with single tenant * Zone 2 of the La Jolla Planning District * Max FAR is 1.7, but FAR is 1.3 if all residential * Min lot size is 2,500 SF * Uses include mixed use, community office and/or residential units only * Tenant has exercised the option to extend the lease to 6/30/2024 and has 1 remaining 5-year extension option * Current tenant pays $10,181.55/mo [Supplement]: * Rent increases by 3% annually on 6/30 * Shown with accepted offer only
Based on information from California Regional Multiple Listing Service, Inc. as of 2021-01-23T10:25:40.253. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Mark Nazzal Real Estate Group | Keller Williams Realty - Redlands Market Center. Licensed in the State of California, USA.