La Jolla, CA 92037,504 Nautilus St
La Jolla, CA 92037,504 Nautilus St
La Jolla, CA 92037,504 Nautilus St
$4,750,000
Est. payment /mo
$5,200,000
8.7%
Est.Price: ?

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5,762 Sqft Lot
SOLD DATE : 03/19/2024

Key Details

Sold Price $4,750,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 230018435SD

Sold Date 03/19/24

HOA Y/N No

Lot Size 5,762 Sqft

Acres 0.1323

Property Description

504-510 Nautilus Street is an extraordinary mixed-use property located just one block from the ocean in the prestigious beach community of Windansea, La Jolla. The subject offers six residential units and 5,494 square feet of ground floor commercial space. The highly visible property is located on the corner of La Jolla Blvd and Nautilus Street and features coastal views from each of the residential units’ private balcony. 504-510 Nautilus St offers investors the opportunity to upgrade the interior and exterior of the property, and increase rents in order to maximize their return on investment. Similarly located and recently renovated apartments are getting over $5.00 per square foot in rent. The sub-market of La Jolla is one of the most desirable markets in San Diego. The subject property will always be in high demand due to the lack of supply from the scarcity and high cost of developable land. The subject benefits from close proximity to UTC and Torrey Pines, San Diego’s educational and commercial core with one of Southern California’s premier malls at Westfield UTC. With a walk score of 83, the property is walking distance to many of San Diego’s finest restaurants and some the best beaches in the United States.

Location

State CA

County San Diego

Area 92037 - La Jolla

Interior

Fireplace No

Exterior

Roof Type Composition

Others

Tax ID 3512800700

Financing Cash to New Loan

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California Regional MLS (CRMLS)
Listed by Eric Comer • Eric D. Comer, Broker
Bought with Evan Smith • eXp Realty of California, Inc.

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Todd McIntosh

+1(310) 770-8626

Agent | License ID: 01472763

Agent License ID: 01472763

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