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    850 Prospect St La Jolla, CA

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    For Sale
    $8,500,000

    Multi-tenant medical office building in La Jolla's commercial district.

    Property size:
    7,077 SF
    Lot size:
    0.31 Acres

    Property Features for 850 Prospect St

    General Information

    Size
    7,077 SF
    Lot size
    0.31 Acres

    Source: Cushman & Wakefield | San Diego Agent Mike Slattery

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    La Jolla Medical Office Building

    This property features a fee simple interest in a multi-tenant, one-story medical office building with ocean views. It is situated in the heart of downtown La Jolla’s prime commercial district. The property has an underlying mixed-use residential zoning, which allows for a luxury residential condominium and retail mixed-use project. The building has a size of 7,077 square feet.
    Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Storage Facility Mobile Phone Store Toy Store Senior Center Chinese Restaurant Laundromat Tanning Salon Adult Day Care Center Outlet Store Arcade & Gaming Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    La Jolla Veterinary Hospital, La Jolla Pet Resort at La Jolla Veterinary Hospital, 5000 Vets, San Diego Area Veterinary Care, breed risk prevention

    Location Insight

    • Map
    • Local Demand
    City
    La Jolla
    County
    San Diego
    State
    California
    Longitude
    -117.1647094
    Latitude
    32.7269669

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    FAQs

    What type of property is this?
    Medical office - Multi-tenant medical office building in La Jolla's commercial district.
    Where is this medical office located?
    The property is located at 850 Prospect St La Jolla, CA.
    What is the asking price?
    The asking price for this property is $8,500,000.
    What are key features of this property?
    This property features: - Ocean view; - Located in the heart of downtown La Jolla’s prime commercial district; - Fee simple interest in a multi-tenant investment property
    (858) 452-6500
    Request Owner's contact information
    850 Prospect St La Jolla, CA
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    850 Prospect St La Jolla, CA
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