01
801 PEARL STREET
La Jolla
Apartments
The property is located in the heart of downtown La Jolla, a destination neighborhood with a downtown district of high-end restaurants and shops, close to world-renowned beaches.
The project already has permits and authorizations, was two levels and had a gross leasable area of 22,900 sqft divided between rental housing and commercial spaces.
- 26 apartments
- 3,800 sqft gross leasable area
- Ground floor for retail spaces
- Finishing construction Sept. 2023
Equity required
$5.3 MM
IRR
20.3%
Investment multiple
1.4x
Term
30 months
Profit
$2.3 MM
GALLERY
