Property Detail
Description
Unlock Potential: Prime 2-Story Office Opportunity Whether you’re looking to maximize ROI or own your workspace, this versatile two-story office building offers a strategic entry point into the market. With a current medium level occupancy the path to value is clear. Option 1: The Value-Add Investment Capitalize on the Upside. With plenty of room to lease out new spaces, this is a classic "buy low, lease up" play. Force Appreciation: Secure new tenants at current market rates to significantly boost the building's Net Operating Income (NOI). Market Positioning: Modernize suites to command premium rents in a growing corridor. Option 2: The Owner-User Advantage Stop Renting, Start Building Equity. Take advantage of SBA 504 or 7(a) loan programs designed for business owners. Low Down Payment: Occupy part of the building and qualify for favorable SBA financing. Mortgage Offset: Use the income from the existing tenant base to subsidize your mortgage, drastically lowering your overhead. Tax Benefits: Enjoy the depreciation and interest deductions that come with commercial ownership.
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Listing provided courtesy of RAUL ALEJOS of M G R REAL ESTATE. Last updated 2026-04-28 08:29:56.000000. Listing information © 2026 CRMLS.
John Collins
DRE# 01948188
888 Prospect St. Suite 140
La Jolla, CA 92037
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858.252.0200
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Address
888 Prospect St. Suite 140 La Jolla CA 92037
Coldwell Banker Realty, CalBRE# 00616212
Interested in Pacific Beach property, specifically? Check out PacificBeach.RealEstate
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