For Sale: Automotive/Industrial Space | 7464 Draper Ave., La Jolla, CA 92037
7464 Draper Avenue, La Jolla, California 92037
Capital Growth Properties, Inc. is pleased to present 7464 Draper Avenue, a fully leased retail/industrial property prominently located on the corner of Draper Avenue and Pearl Street. This is a truly rare opportunity to acquire one of only two industrial-zoned properties within the Village of La Jolla.
This single-story, four-unit retail/industrial building with excellent corner visibility and exposure to both pedestrian and vehicle traffic. The building is 100% leased to a diverse mix of tenants, including the long-standing Mitch’s Surf Shop—a staple in the La Jolla community.
With four roll-up doors, a new roof in 2023 (with a transferable 5-year warranty), and an upgraded 400-AMP single-phase electrical system, this asset offers both functionality and long-term value.
Property Highlights:
- Building Size: ±3,614 Square Feet
- Lot Size: ±7,483 Square Feet
- Occupancy: 100% Leased
- Zoning: LJPD-4 (La Jolla Planned District Ordinance), allows for commercial, retail, automotive, and residential uses
- Utilities: 4 electric meters, 1 gas meter, 1 water meter
- Parcel Number (APN): 350-601-18-00
Located in a high-barrier-to-entry coastal submarket, this is a rare chance to own an industrial-zoned asset in the heart of La Jolla. Surrounded by retail, restaurants, hotels, and world-renowned beaches, the property offers walkability, visibility, and flexible use potential. Whether you’re an investor, owner-user, or developer, this property presents exceptional upside in one of San Diego’s most prestigious neighborhoods.
7464-Draper-Avenue-La-Jolla-CA-92037-November-18-2025Sales agents
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