2159-65 Avenida De La Playa

La Jolla, CA 92037

$4,900,000
Last Sold Price
—
Beds
—
Baths
5,417 Sq. Ft.
$905 / Sq. Ft.
5,417
Sq. Ft.
$905
per Sq. Ft.
Closed 6/13/25
Closed 6/13/25
a group of people sitting in front of a fountain
a view of street with sitting area
a view of street with a parked cars and palm tree
a view of a street with cars
a view of street with sitting area
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a view of a city
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a view of walk in closet with clothes and shoes
a kitchen with stainless steel appliances granite countertop a sink a stove and a refrigerator
a living room with furniture and a potted plant
a living room with furniture and a wooden floor
a bathroom with a sink and a mirror
a large kitchen with a refrigerator a sink and dishwasher
a living room with furniture and a window
a bathroom with a sink a toilet and mirror
a bathroom with a sink a toilet and a mirror
a living room with furniture and a flat screen tv
a view of patio with a table under an umbrella
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a view of a garden with a palm tree
a living room with furniture and wooden floor
a bathroom with a sink and a toilet
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a bathroom with a toilet and a tub
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Description

First time on the market, this iconic, ivy adorned building is just steps to the beaches of La Jolla Shores and the exclusive La Jolla Beach & Tennis Club. Tourists and locals alike flock to this sought-after block of La Jolla lined with quaint shops, markets and restaurants where they enjoy dining al fresco in the hub of this beach front community. With no turnover in almost 20 years, don't miss this valuable opportunity to make this asset your own and enjoy steady monthly income, long term tenants...First time on the market, this iconic, ivy adorned building is just steps to the beaches of La Jolla Shores and the exclusive La Jolla Beach & Tennis Club. Tourists and locals alike flock to this sought-after block of La Jolla lined with quaint shops, markets and restaurants where they enjoy dining al fresco in the hub of this beach front community. With no turnover in almost 20 years, don't miss this valuable opportunity to make this asset your own and enjoy steady monthly income, long term tenants and historically low maintenance costs. The street level has been home to the staple deli "The Cheese Shop" since 1972, consisting of apx. 1000 square feet, and the highly reviewed Sushi Mori consisting of apx. 2200 square feet. A counseling and meeting center occupies apx. 1830 square feet on the second story, which has a private entrance and features a wraparound rooftop deck creating an intimate outdoor space surrounded in greenery. The suite upstairs boasts a large kitchen, 2 full baths, multiple office spaces and a large conference area. Four parking spaces in the rear with alley access are shared by the tenants. Open exclusively to foot traffic during the day and featuring installments from local artists, this vibrant district is full of unique charm. This is a rare opportunity to own a premier retail property in one of Southern California's most desirable neighborhoods. All information deemed reliable but not guaranteed. Buyer and Buyer’s agent to verify all prior to close of escrow.
  1. Listed by Jacqueline Cono-Clippinger • DRE #01336241 • Brokerage DRE #00616476 • Real Net Inc. • jc@realnetpm.com

Property Details for 2159-65 Avenida De La Playa

Parking Spaces Total
0
Total Units
3.0
Lot Size Source
Public Records
Building Area Total
5417
Stories Total
2
Entry Level
1
Association Fee
$.00
Zoning
Commercial
LISTING UPDATED: 06/15/2025 04:50 AM

Property Details for 2159-65 Avenida De La Playa

StatusClosed
MLS #PTP2503147
Days on Market10
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeCommercial Sale / Mixed Use
Year Built1967
Lot Size0.10 AC / 4,509 SF
CountySan Diego County

Location

Listing Courtesy of Real Net Inc., Jacqueline Cono-Clippinger, DRE #01336241

Sold By Stallion Realty, Arman Zakaryan, DRE #01753422

Add your commute

Building Information for 2159-65 Avenida De La Playa

Stories2Residences-Year Built1967Lot Size0.10 AC / 4,509 SF

Payment Calculator

$23,882 per month

30 year fixed, 6.15% Interest

Principal and Interest

$23,882

Property Taxes

$0

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 2159-65 Avenida De La Playa

Income / Expense / Tax Details
Income Details
  • Gross Scheduled Income: $275,826
  • Net Operating Income: $233,361
  • Cap Rate: 0.0
Expense Details
  • Operating Expense: $42,465
  • Insurance Expense: $7,694
  • Trash Expense: $0
  • Real Estate Tax Expense: $0
  • Total Expenses: $42,465
Community / Development
Community / Development
  • Investment Property: Yes
Property / Structure Info
Interior Features
Exterior Features
  • Fence: No
Land/Lot Info
  • Sign on Property: No
  • Lot Features: Level
Unit Information
Unit 1
  • Unit Type Garage Attached: No
  • Unit Type Total Rent: $5,948
  • Unit Type Type: 1
Unit 2
  • Unit Type Garage Attached: No
  • Unit Type Total Rent: $10,559
  • Unit Type Type: 2
Unit 3
  • Unit Type Garage Attached: No
  • Unit Type Total Rent: $6,479
  • Unit Type Type: 3
Unit Information
  • Number Of Buildings: 1

Property History for 2159-65 Avenida De La Playa

DateEvent & SourcePriceAppreciation
Jun 13, 2025

Sold

CRMLS #PTP2503147

$4,900,000—
May 1, 2025

Listed (Active)

CRMLS #PTP2503147

$4,900,000—
DateEvent & SourcePrice
06/13/2025

Sold

CRMLS #PTP2503147

$4,900,000
05/01/2025

Listed (Active)

CRMLS #PTP2503147

$4,900,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Schools near 2159-65 Avenida De La Playa

This home is within San Diego Unified School District.
Rating
School
Type
Grades
Distance
Torrey Pines Elementary School
Public - K to 5
Muirlands Middle School
Public - 6 to 8
La Jolla High School
Public - 9 to 12
San Diego Scpa School
Public - 6 to 12
Rating
School
Distance
Torrey Pines Elementary School
PublicK to 5

Muirlands Middle School
Public6 to 8

La Jolla High School
Public9 to 12

San Diego Scpa School
Public6 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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Listing Courtesy of Real Net Inc., Jacqueline Cono-Clippinger, DRE #01336241

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by SDMLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2026 SDMLS®, Inc.