444 Bonair Street La Jolla, CA 92037

$3,700,000
0.19
Acres
$3,700,000
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We are pleased to present 444 Bonair Street, a well-maintained four-unit multifamily property situated on a generous 0.19-acre parcel in the highly desirable Windansea Beach neighborhood of La Jolla, California. This rare coastal asset provides investors with a stable, income-generating opportunity in one of San Diego’s most exclusive and supply-constrained rental markets. The property offers a balanced and highly functional unit mix, consisting of one (1) one-bedroom, one-bathroom unit of approximately 650 square feet, two (2) two-bedroom, one-bathroom units of roughly 800 square feet each, and one (1) two-bedroom, two-bathroom unit of approximately 1,000 square feet, for a combined 3,250 net rentable square feet. Each residence features a practical layout, ample natural light, and a quiet coastal setting just blocks from the shoreline—ideal for long-term tenancy in a premier beach community. Additional value comes from the property’s strong parking profile, which includes four (4) single-car garages along with ample additional off-street parking, a significant advantage in this dense and highly competitive coastal submarket. Located just one block from Windansea Beach and walkable to La Jolla’s vibrant Village, boutique retail, dining, and recreation amenities, the asset enjoys enduring appeal among quality tenants seeking best-in-class coastal living. With strong historical occupancy, consistent cash flow, and clear upside through interior renovations or future redevelopment, 444 Bonair Street represents an increasingly rare opportunity to acquire a low-maintenance.

We are pleased to present 444 Bonair Street, a well-maintained four-unit multifamily property situated on a generous 0.19-acre parcel in the highly desirable Windansea Beach neighborhood of La Jolla, California. This rare coastal asset provides investors with a stable, income-generating opportunity in one of San Diego’s most exclusive and supply-constrained rental markets. The property offers a balanced and highly functional unit mix, consisting of one (1) one-bedroom, one-bathroom unit of approximately 650 square feet, two (2) two-bedroom, one-bathroom units of roughly 800 square feet each, and one (1) two-bedroom, two-bathroom unit of approximately 1,000 square feet, for a combined 3,250 net rentable square feet. Each residence features a practical layout, ample natural light, and a quiet coastal setting just blocks from the shoreline—ideal for long-term tenancy in a premier beach community. Additional value comes from the property’s strong parking profile, which includes four (4) single-car garages along with ample additional off-street parking, a significant advantage in this dense and highly competitive coastal submarket. Located just one block from Windansea Beach and walkable to La Jolla’s vibrant Village, boutique retail, dining, and recreation amenities, the asset enjoys enduring appeal among quality tenants seeking best-in-class coastal living. With strong historical occupancy, consistent cash flow, and clear upside through interior renovations or future redevelopment, 444 Bonair Street represents an increasingly rare opportunity to acquire a low-maintenance.

  • Neighborhood
  • Type
  • County
    San Diego
  • Area
    92037 - La Jolla
  • Status
    Active
  • Listing #
    260006839SD
  • Built
    1950
  • Lot Size
    0.19
  • Listed on site
    71 days

Listed by:
Marcus & Millichap

Source:
CRMLS

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Property details

Community Features

  • Has HOA
  • Not Age Restricted

Exterior features

  • No Pool
  • Parking

Style

  • Multi Level
  • Two Story

Property History

DateDays AgoEventNew Price
May 12, 202622 days agoPrice decreased300,000 (7%)$3,700,000
Mar 24, 20262 mos agoNew on market$4,000,000
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