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    Multifamily Corner Lot with Garages Title is generated by Realmo AI

    428 Rosemont St, La Jolla, CA 92037

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    Claim this Listing
    New
    For Lease
    $5,250,000 SF/Yr $1,999,812,500/Mo (calc)

    Six-unit multifamily with renovation-ready units and four one-car garages on a dual-frontage corner lot with alley access.

    Type:Commercial
    Property size:
    4,571 SF
    Lot size:
    0.21 Acres
    Added:
    Jun 20, 2026
    Days on Market:
    3
    Last Refresh:
    Jun 21 at 1:52 am

    Property Features for 428 Rosemont St

    General Information

    Standard status
    Active
    Size
    4,571 SF
    Lot size
    0.21 Acres
    Property subtype
    Commercial

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    Listing Contact
    Robert Antoniadis ([email protected])

    Listing agent Robert Antoniadis ([email protected])

    Listing office Robert Realty

    Listing date Jun 20, 2026

    Source Mrmurrieta

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

    All listing content including descriptions, pricing, images are the copyrighted material of Robert Realty

    HighLights

    • 6‑unit multifamily in La Jolla (92037) with total 4,571 SF living area
    • 4 of 6 units are renovation ready and vacant; unit mix includes two 2BR/2BA (~900 SF), two 2BR/1BA (~800 SF), and two 1BR/1BA (~600 SF)
    • Flat 9,227 (95x100) SF prominent corner lot with dual street frontage (Rosemont & Electric) plus alley access
    • Includes four 1‑car garages (10x24) and potential to convert garages into four 240 SF studios at $2,650/mo
    • Long‑term market rent listed at $29,800/mo ($357,600/yr) with 3.25% cap rate and 19.3 GRM
    • Short‑term/Airbnb rent listed at $50,000/mo ($600,000/yr), with additional $127K+ per year noted for conversions

    Overview

    This 6-unit multifamily property totals 4,571 square feet of living area, with four of the six units identified as renovation ready and vacant. The unit mix includes two 2BR/2BA units at approximately 900 square feet each, two 2BR/1BA units at approximately 800 square feet each, and two 1BR/1BA units at approximately 600 square feet each. The site is a flat, level corner lot totaling 9,227 square feet (95 x 100) and includes four one-car garages measuring 10 x 24.

    The property is located at 428 Rosemont St, La Jolla, CA 92037 and is positioned on a corner with dual street frontage on Rosemont and Electric, plus alley access. Public remarks note coastal bluff characteristics with Pacific Ocean views and proximity to Neptune/Windnsea Beach, cited as 0.2 miles away. The surrounding area is described as an affluent, walkable coastal community with a local commercial corridor offering convenient access to retail, dining, and personal services within walking distance.

    For an operator or buyer, the configuration supports both long-term renting and repositioning given the current renovation-ready and vacant units. Public remarks also cite a stated long-term monthly market rent of $29,800, alongside reported short-term/Airbnb rent of $50,000 per month. The remarks further state that converting the four 10 x 24 garages into studios is presented as an opportunity to generate additional $127K+ per year.
    Location Intelligence

    Current Use by Public Records

    Short term rental ...

    Map

    City
    La Jolla
    County
    San Diego
    State
    California
    Longitude
    -117.25
    Latitude
    32.8548

    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily with renovation-ready units and four one-car garages on a dual-frontage corner lot with alley access.
    Where is this apartment building located?
    The property is located at 428 Rosemont St La Jolla, CA.
    What is the lease rate?
    The lease rate is $5,250,000.
    What are key features of this property?
    This property features: 6‑unit multifamily in La Jolla (92037) with total 4,571 SF living area; 4 of 6 units are renovation ready and vacant; unit mix includes two 2BR/2BA (~900 SF), two 2BR/1BA (~800 SF), and two 1BR/1BA (~600 SF); Flat 9,227 (95x100) SF prominent corner lot with dual street frontage (Rosemont & Electric) plus alley access
    More about this property
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