La Jolla Seaview

Location: La Jolla, CA
Type: Mixed Use
Price: $7,300,000

SMC provided a $7,300,000, ten-year fixed rate loan on a 16,700 nrsf, three (3) story mixed-use (Retail/Multi-family) property located in La Jolla, CA. The Property consists of 7 retail suites containing a total of 6,700 SF and 12 multifamily units containing 9,600 SF. The Property was originally constructed in 1986 and was renovated in 2017-2019. The Property also contains 30 subterranean parking spaces and 5 surface spaces in the rear of the Property.