Merrill Lynch Building | 7825 Fay Ave
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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.
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
Number of Floors
4
Typical Floor Size
25,211 SF
Slab to Slab
9 ft
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 Centre
- Food Court
- Property Manager on Site
- Car Charging Station
- Outdoor Seating
- Balcony
Space Availability
- Space
- Size
- Space Use
- Condition
- Available
Office space available for lease
Office space available for lease
Office space available for lease
Office space available for lease
Suites can be combined for 17,607 rsf.
New Spec Suite
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 |
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Lower Level-Ste A
| Size | 4,825 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Office space available for lease
1 of 1
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Lower Level-Ste B
| Size | 1,484 SF |
| Space Use | Office |
| Condition | Shell Space |
| Available | Now |
Office space available for lease
1 of 1
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1st Fl-Ste 130
| Size | 2,027 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Apr 2025 |
1 of 1
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3D TOUR
PHOTOS
STREET VIEW
STREET
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1st Fl-Ste 150
| Size | 23,729 SF |
| Space Use | Office |
| Condition | Partial Build-Out |
| Available | Now |
Office space available for lease
1 of 1
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3D TOUR
PHOTOS
STREET VIEW
STREET
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1st Fl-Ste 190
| Size | 963 SF |
| Space Use | Office |
| Condition | Full Build-Out |
| Available | Now |
Office space available for lease
1 of 1
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STREET
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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.
1 of 1
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3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
2nd Fl-Ste 245
| Size | 2,813 SF |
| Space Use | Office |
| Condition | Spec Suite |
| Available | Now |
New Spec Suite
1 of 1
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3D TOUR
PHOTOS
STREET VIEW
STREET
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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)
PROPERTY TAXES
| Parcel Number | 350-082-27 | Improvements Assessment | £19,218,263 |
| Land Assessment | £6,659,699 | Total Assessment | £25,877,961 |
PROPERTY TAXES
Parcel Number
350-082-27
Land Assessment
£6,659,699
Improvements Assessment
£19,218,263
Total Assessment
£25,877,961
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Matt Pourcho -
Matthew Harris -
Power Broker Anthony DeLorenzo -
Casey Sterk -
Bryan Johnson -
Nick Williams -
CBRE, Inc.
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Merrill Lynch Building | 7825 Fay Ave
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