This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

Merrill Lynch Building 7825 Fay Ave

100,843 SF 49% Leased Office Building La Jolla, CA 92037 For Sale

Investment Highlights

  • Situated in the exclusive La Jolla submarket, surrounded by 836,000 SF of world-class retail and dining, with a Walk Score of 97.
  • Generates $2,283,148 in annual in-place revenue, offering strong cash flow and significant tax benefits.
  • Anchored by Merrill Lynch, with a roster of established financial advisors, attorneys, and accountants.
  • Open-air balconies and courtyards enhance natural circulation and tenant experience.

Executive Summary

To Download Offering Memorandum, Please Visit https://www.ipsocal.com/properties/7825fayave/
This iconic Class A office building, located just three blocks from La Jolla's pristine coastline, offers an unparalleled opportunity for discerning buyers. As one of only five institutional-quality office buildings in La Jolla, the property boasts a prime corner location in the heart of the Village, strong tenancy, and a modern open-air design that integrates seamlessly with its coastal surroundings. Situated in one of the most supply-constrained markets, with only 1.32M SF of total office space and resilient Class A rents, this property benefits from high barriers to entry. Additionally, it is located in one of the nation’s most affluent areas, with average household incomes of $268,870 and median home prices exceeding $2M.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Building Size
100,843 SF
Building Class
B
Year Built
1984
Percent Leased
49%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
25,211 SF
Slab To Slab
9’
Building FAR
2.89
Land Acres
0.80 AC
Zoning
LJPD-3 - La Jolla Planned Development
Parking
287 Spaces (2.85 Spaces per 1,000 SF Leased)

Amenities

  • Atrium
  • Banking
  • Courtyard
  • Fitness Center
  • Food Court
  • Property Manager on Site
  • Car Charging Station
  • Outdoor Seating
  • Balcony

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • Lower Level-Ste A
  • 4,825 SF
  • Office
  • Partial Build-Out
  • Now

Office space available for lease

  • Lower Level-Ste B
  • 1,484 SF
  • Office
  • Shell Space
  • Now

Office space available for lease

  • 1st Fl-Ste 130
  • 2,027 SF
  • Office
  • Partial Build-Out
  • Apr 2025
  • 1st Fl-Ste 150
  • 23,729 SF
  • Office
  • Partial Build-Out
  • Now

Office space available for lease

  • 1st Fl-Ste 190
  • 963 SF
  • Office
  • Full Build-Out
  • Now

Office space available for lease

  • 2nd Fl-Ste 200
  • 13,522 SF
  • Office
  • Full Build-Out
  • Now

Suites can be combined for 17,607 rsf.

  • 2nd Fl-Ste 245
  • 2,813 SF
  • Office
  • Spec Suite
  • Now

New Spec Suite

  • 2nd Fl-Ste 250
  • 4,130 SF
  • Office
  • Spec Suite
  • Now

Suites can be combined for 17,607 rsf.

Space Size Space Use Condition Available
Lower Level-Ste A 4,825 SF Office Partial Build-Out Now
Lower Level-Ste B 1,484 SF Office Shell Space Now
1st Fl-Ste 130 2,027 SF Office Partial Build-Out Apr 2025
1st Fl-Ste 150 23,729 SF Office Partial Build-Out Now
1st Fl-Ste 190 963 SF Office Full Build-Out Now
2nd Fl-Ste 200 13,522 SF Office Full Build-Out Now
2nd Fl-Ste 245 2,813 SF Office Spec Suite Now
2nd Fl-Ste 250 4,130 SF Office Spec Suite Now

Lower Level-Ste A

Size
4,825 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

Lower Level-Ste B

Size
1,484 SF
Space Use
Office
Condition
Shell Space
Available
Now

1st Fl-Ste 130

Size
2,027 SF
Space Use
Office
Condition
Partial Build-Out
Available
Apr 2025

1st Fl-Ste 150

Size
23,729 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 190

Size
963 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 200

Size
13,522 SF
Space Use
Office
Condition
Full Build-Out
Available
Now

2nd Fl-Ste 245

Size
2,813 SF
Space Use
Office
Condition
Spec Suite
Available
Now

2nd Fl-Ste 250

Size
4,130 SF
Space Use
Office
Condition
Spec Suite
Available
Now

Lower Level-Ste A

Size 4,825 SF
Space Use Office
Condition Partial Build-Out
Available Now

Office space available for lease

Lower Level-Ste B

Size 1,484 SF
Space Use Office
Condition Shell Space
Available Now

Office space available for lease

1st Fl-Ste 130

Size 2,027 SF
Space Use Office
Condition Partial Build-Out
Available Apr 2025

1st Fl-Ste 150

Size 23,729 SF
Space Use Office
Condition Partial Build-Out
Available Now

Office space available for lease

1st Fl-Ste 190

Size 963 SF
Space Use Office
Condition Full Build-Out
Available Now

Office space available for lease

2nd Fl-Ste 200

Size 13,522 SF
Space Use Office
Condition Full Build-Out
Available Now

Suites can be combined for 17,607 rsf.

2nd Fl-Ste 245

Size 2,813 SF
Space Use Office
Condition Spec Suite
Available Now

New Spec Suite

2nd Fl-Ste 250

Size 4,130 SF
Space Use Office
Condition Spec Suite
Available Now

Suites can be combined for 17,607 rsf.

Walk Score ®
Walker's Paradise (97)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
350-082-27
Land Assessment
$8,440,683
Improvements Assessment
$24,357,748
Total Assessment
$32,798,431
  • Listing ID: 32930873

  • Date on Market: 8/23/2024

  • Last Updated:

  • Address: 7825 Fay Ave, La Jolla, CA 92037

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}