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Property profile & analytics

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

  • Retail space
  • 3,752 SF
  • 0.08 lot acres
OFF-MARKET
Value Estimations
$465,000
Show details
Cap Rate Potential
Location Intelligence
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.

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
  • AI approach

    Method
    Estimation
    ML approach
    $515,000
  • Comparable approach

    Method
    Estimation
    AI Estimate
    $413,000
    Market price range: $201k - $676k

Get a detailed, property-specific valuation — 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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