Description

First time on the market, this iconic, ivy adorned building is just steps to the beaches of La Jolla Shores and the exclusive La Jolla Beach & Tennis Club. Tourists and locals alike flock to this sought-after block of La Jolla lined with quaint shops, markets and restaurants where they enjoy dining al fresco in the hub of this beach front community. With no turnover in almost 20 years, don't miss this valuable opportunity to make this asset your own and enjoy steady monthly income, long term tenants and historically low maintenance costs. The street level has been home to the staple deli "The Cheese Shop" since 1972, consisting of 1000 square feet, and the highly reviewed Sushi Mori consisting of 2200 square feet. A counseling and meeting center occupies the second story, which has a private entrance and consists of 1830 square feet as well as featuring a wraparound rooftop deck creating an intimate outdoor space surrounded in greenery. Three parking spaces in the rear with alley access are shared by the tenants. Open exclusively to foot traffic during the day and featuring installments from local artists, this vibrant district is full of unique charm. This is a rare opportunity to own a premier retail property in one of Southern California's most desirable neighborhoods. All information deemed reliable but not guaranteed. Buyer and Buyer’s agent to verify all prior to close of escrow.