Investment Overview

Zorbas, Huffman, & Partners of Marcus & Millichap are pleased to present Girard Lofts, a newly constructed 21-unit luxury mixed-use loft type community in La Jolla, California, San Diego’s most renowned seaside destination. Built in 2023, with a perfect blend of luxurious open design and prime location, Girard Lofts is a high-quality home base within the heart of a posh and highly walkable coastal village. In and of itself, the site location on Girard Avenue is outstanding, the property faces Torrey Pines Road at La Jolla’s busiest intersection, the front door into La Jolla with premium visibility and nearly a 30,000 daily traffic count. The mix includes 1 studio/one-bathroom unit measuring 356 square feet, 1 one-bedroom/onebathroom low-income unit measuring 499 square feet, 14 one-bedroom/one-bathroom units averaging 517 square feet, 2 two-bedroom/one-bathroom units averaging 719 square feet, and 1,951 square feet of flexible commercial space across 1-, 2-, or 3-ground floor suites. Community amenities include beautiful landscape design, BBQ, dog washing station, storage lockers, and an on-site parking garage with 14 spaces. Interiors feature large windows with plenty of natural sunlight, stainless steel energy star appliance packages with over the range microwave ovens, in-unit washers and dryers, spacious outdoor living areas with private balconies and patios, air conditioning, loft floorplans, and the most contemporary fixtures, finishes, and flooring throughout. Girard Lofts is located in heart of the Village of La Jolla, where residents enjoy premier shopping, dining, and overall luxury coastal living. La Jolla features some of the most beautiful beaches in Southern California including Windansea Beach, Marine Street Beach, and La Jolla Cove, all within a mile of the Girard Lofts. The asset also boasts a “Walk Score” of 99 out of 100 considered a “Walker’s Paradise”. Overall, tenants can take full advantage of La Jolla’s ultra luxury coastal living. With its innovative design, luxurious enhancements, and optimal high demand unit mix, Girard Lofts provides investors with the unique opportunity to acquire a significant coastal asset that is poised to capture rental premiums for generations.