Property Description
The Anderson Group is proud to present – La Jolla Legacy; a property consisting of five parcels with a combined lot size of approximately 25,692 SF and 25 residential units of approximately 13,312 rentable SF.
La Jolla Legacy offers eight separate buildings which are comprised of a 13-unit three-story oceanfront complex, a 5-unit oceanfront complex, an oceanfront duplex, an ocean view triplex, two single-family three-bedroom / two-bath houses, and a common area building with two bathrooms. In addition to the existing 25-units, there are four further units currently configured as a lobby, upstairs dining room, downstairs dining room, and a commercial kitchen. An acute investor would research the possibility of converting these rooms back to residential units for a total of 29 units.
La Jolla Legacy’s residential units provide spacious floorplans, spanning ocean views, and patios, and fireplaces with many units’ interiors having been beautifully improved.
Common area amenities include a fire pit seating area, a spacious ocean-view grass, and concrete patio, a rooftop deck, 25 on-site parking spaces, and common area restrooms.
The property is currently being operated as a boutique hotel and includes a Type 70 – On-Sale General Restrictive ABC License (State of California Department of Alcoholic Beverage Control Alcoholic Beverage License).