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Six-Unit Apartment Building
For Sale
$4,500,000

428 Rosemont St, La Jolla, CA 92037

Mixed apartment property with varied layouts and four vacant units identified as renovation ready.

Property Size4,571 SF
Lot Size0.21 Acres
Price / SF$984.47
Days on Market67
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Property Features for 428 Rosemont St

General Information

Standard status Active
Size 4,571 SF
Total Parking Spaces 4
Lot size 0.21 Acres

Property Condition

Severity Repairs Needed
Evidence Renovate Ready

Units

Unit Mix 2 x 2BR/2BA, 2 x 2BR/1BA, 2 x 1BR/1BA
Multifamily Units 6

Additional Details

Road Access Yes
Listing Agency: Robert Realty
Listed By: Robert Antoniadis · License #01727428
Source: Kaleorealestate
Added: Aug 10 Changed: Oct 12 Last Checked: Oct 14 at 10:35PM

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

Investment Insights

Based on property information with market context.

This six-unit apartment property contains 4,571 square feet of living area across a varied residential layout. The unit mix includes two 2BR/2BA apartments of approximately 900 square feet, two 2BR/1BA apartments of approximately 800 square feet, and two 1BR/1BA apartments of approximately 600 square feet. Four of the six units are vacant and identified as renovation ready.

The property occupies a flat 9,227-square-foot corner parcel with dual street frontage along Rosemont and Electric and access from an alley. Four one-car garages, each measuring 10x24, are included. The site is located 0.2 miles from Neptune/Windansea Beach, with Pacific Ocean views from a coastal bluff. A walkable commercial corridor provides nearby retail, dining, and personal services, while the surrounding area includes education, healthcare, biotechnology, research, tourism, and professional services.

Key Highlights

  • Six apartment units totaling 4,571 square feet of living area
  • Unit mix includes two 2BR/2BA, two 2BR/1BA, and two 1BR/1BA apartments
  • 4 of 6 units are vacant and renovation ready

Property Analytics

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Current Use

Short term rental ...

Lease Details

6
Residential units
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 92037, CA

41,260
Population
19,628
Households
2.1
Avg Household Size
43
Median Age
76%
College-Educated
98%
High-School Grad
12.0 sq mi
ZIP Area
3,438
Density / Sq Mi
$141,822
Median Household Income
$64,545
Median Earnings
$2,632
Median Rent
$1,857,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - Mixed apartment property with varied layouts and four vacant units identified as renovation ready.
Where is this apartment building located?
The property is located at 428 Rosemont St La Jolla, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Six apartment units totaling 4,571 square feet of living area; Unit mix includes two 2BR/2BA, two 2BR/1BA, and two 1BR/1BA apartments; 4 of 6 units are vacant and renovation ready
More about this property
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