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    1000 Prospect St, Unit 2 La Jolla, CA 92037-4146

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    1000 Prospect St, Unit 2 La Jolla, CA 92037-4146


    • Retail space
    • 3,752 SF
    • 0.08 lot acres
    Off-Market
    Property ID
    US09-8342503
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $1,185,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 1000 Prospect St

    Year built
    1975
    Lot size
    0.08 lot acres
    Property size
    3,752 SF
    Zone code
    COMMERCIAL
    Property type
    Retail space
    APN
    350-032-20-00
    APU
    3500322000

    Description

    This exceptional restaurant space is situated on Prospect Street in the heart of Downtown La Jolla, renowned as "Restaurant Row." The property boasts a highly desirable location within one of San Diego's most affluent communities, benefiting from strong daytime demographics, a wealthy residential base, and a constant influx of tourists throughout the year. This is a truly turnkey opportunity, offering a fully equipped and operational space ready for immediate occupancy. A new direct lease can be negotiated for a credit-worthy tenant. The high-traffic location provides excellent visibility, enhanced by a signature storefront with prime signage opportunities. Its convenient proximity to the beach walking path further increases foot traffic and visibility. This is a rare chance to acquire a fully operational restaurant in a premier location, minimizing start-up costs and maximizing immediate revenue potential. The property is a single-tenant space in San Diego County, offering a seamless transition for a new operator. This is an exceptional opportunity for a discerning restaurateur seeking a prime location with established infrastructure.


    Value Estimations

    based on Realmo’s proprietary methodology
    • CAP approach

      CAP Return
      Estimation
      6%
      $1,510,000
      6.5%
      $1,395,000
      7%
      $1,295,000

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    La Jolla
    County
    San Diego
    State
    California
    Longitude
    -117.275
    Latitude
    32.8476
    CBSA code
    41740
    CBSA name
    SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $21,897
    $1,265,507
    $480,889
    $1,746,396
    -
    $0.00
    $0.00
    $0.00
    More about this property
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