SOLD! April 2026: Automotive/Industrial Space | 7464 Draper Ave., La Jolla, CA 92037
7464 Draper Avenue, La Jolla, California 92037
Capital Growth Properties, Inc. is pleased to announce the successful sale of 7464 Draper Avenue, a fully leased retail/industrial property prominently located on the corner of Draper Avenue and Pearl Street in the Village of La Jolla.
This single-story, four-unit retail/industrial building features excellent corner visibility and exposure to both pedestrian and vehicle traffic. The property was 100% leased to a diverse mix of tenants, including the long-standing Mitch’s Surf Shop—a staple in the La Jolla community.
Property highlights include four roll-up doors, a new roof in 2023 (with a transferable 5-year warranty), and an upgraded 400-AMP single-phase electrical system, providing functionality and operational value.
Property Summary:
- Building Size: ±3,614 Square Feet
- Lot Size: ±7,483 Square Feet
- Occupancy: 100% Leased at Time of Sale
- Zoning: LJPD-4 (La Jolla Planned District Ordinance), allowing 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, 7464 Draper Avenue represents one of the few industrial-zoned properties within the Village of La Jolla. Its combination of location, tenancy, and flexible zoning contributed to strong interest from both investors and owner-users.
https://cgpincre.com/wp-content/uploads/2026/04/SOLD-7464-Draper-Avenue-La-Jolla-CA-92037.pdf
SOLD-7464-Draper-Avenue-La-Jolla-CA-92037Sales agents
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