NOT LISTED FOR SALE

5575 La Jolla Blvd La Jolla, CA 92037

Bird Rock Neighborhood

Estimated Value: $3,600,326

0.3 Acre
$12,041,224 Price per Acre
13,024 Sq Ft Lot

Last Sold June 10, 2022

Last sale price $3,350,000

Est. 7% increase in value since last sale

Current estimated payment $22,888/month

About This Lot

As of June 2022

PLEASE DO NOT DISTURB THE TENANT(S) This is a unique opportunity to purchase one of the most sought after corners in the Bird Rock neighborhood in La Jolla. The property is currently configured as two 1,500 sqft office buildings with a tremendous amount of parking. The property can be redeveloped into a beautiful mixed-use project to enhance the Bird Rock neighborhood.

Last Agent to Sell the Property

Tony Franco

Tony Franco Realty, Inc. License #01714957 Listed on: 04/06/2022

Last Buyer's Agent

Tony Franco

Tony Franco Realty, Inc. License #01714957 Listed on: 04/06/2022

Property Details

Property Type

  • Land

Est. Annual Taxes

  • $40,000

Lot Details

Listing and Financial Details

  • Assessor Parcel Number 357-532-29-00

Property Details

Property Type

Land

Est. Annual Taxes

$40,000

Lot Details

0

Listing Details

  • Class: Commercial-Lnd/Rn/Grv
  • Type: Com-Lnd/Rn/Grv
  • Market Area: Coastal South
  • Price Per Sq Ft: 276.0
  • Have: Cash Out
  • Motive Want: Cash out
  • Sale Price List Price: 0.93
  • Special Features: None
  • Property Sub Type: LotsLands

Lot Info

  • Estimated Lot Dimensions: 142x111
  • Assessor Parcel Number: 357-532-29-00
  • Price Per Acre: 12022560

Tax Info

  • Tax Amount: 40000
  • Tax Area: 13020
  • Tax Rate: 1
  • Tax Year From: 2022
  • Tax Year To: 2022

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Apr 6, 2022
Closed on
Apr 28, 2022
Sold by
Ricardo F Icaza And Adele Icaza Family T
Bought by
Pelican Venture Lp
Seller's Agent
Tony Franco
Tony Franco Realty, Inc.
Buyer's Agent
Tony Franco
Tony Franco Realty, Inc.
List Price
$3,600,000
Sold Price
$3,350,000
Premium/Discount to List
-$250,000
-6.94%
Current Estimated Value
$3,600,326

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$250,326
Avg. Annual Appreciation
1.17%

Purchase Details

Closed on
Jan 19, 2010
Sold by
Wells Fargo Bank Na
Bought by
Icaza Ricardo F and Icaza Adele
Source: Public Records

Range of Values:

Collateral Analytics

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Pelican Venture Lp $3,350,000 First American Title
Icaza Ricardo F $1,300,000 Chicago Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Pelican Venture Lp $2,000,000
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/10/2022 06/10/22 Sold $3,350,000 -6.9% --
04/06/2022 04/06/22 Pending -- -- --
04/06/2022 04/06/22 For Sale $3,600,000 -- --
Source: San Diego MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $44,468 $3,555,046 $3,395,865 $159,181
2024 $44,468 $3,485,340 $3,329,280 $156,060
2023 $43,526 $3,417,000 $3,264,000 $153,000
2022 $20,898 $1,581,271 $1,307,594 $273,677
2021 $20,603 $1,550,266 $1,281,955 $268,311
2020 $20,371 $1,534,371 $1,268,811 $265,560
2019 $20,034 $1,504,286 $1,243,933 $260,353
2018 $18,905 $1,474,792 $1,219,543 $255,249
2017 $18,314 $1,445,876 $1,195,631 $250,245
2016 $18,046 $1,417,527 $1,172,188 $245,339
2015 $17,898 $1,396,235 $1,154,581 $241,654
2014 $17,638 $1,368,886 $1,131,965 $236,921
Source: Public Records

Agents Affiliated with this Home

  • Tony Franco

    Seller's Agent in 2022

    Tony Franco

    Tony Franco Realty, Inc.

    (858) 717-1697

    2 in this area

    24 Total Sales

    Tony Franco
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Map

Source: San Diego MLS

MLS Number: 220007941

San Diego MLS

APN: 357-532-29

California San Diego County La Jolla 92037 Bird Rock

5575 La Jolla Blvd, La Jolla, CA

This home is located at 5575 La Jolla Blvd, La Jolla, CA 92037 since 06 April 2022 and is currently estimated at $3,600,326. 5575 La Jolla Blvd is a home located in San Diego County with nearby schools including Bird Rock Elementary School, Muirlands Middle School, and La Jolla High School.

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