From the sales brochure: Scripps Investment and Loan Building is a 15,916-square foot office building on approximately one third of an acre located in the Village of La Jolla. The subject property boasts unobstructed ocean views in a location that would be considered, by most, to be one of the premier locations in the United States. Built in 1920, by Irving Gill, the architecture is unique and masterful.
This landmark three-story property has 44 executive office suites and collects additional income from the 30 space, secured, underground parking garage, which is located adjacent to the subject property. There are over 3,000 square feet of deck space of which 1,200 square feet is ocean view. The property also offers tenants five private decks and an elevator. Since 2002 the property has seen substantial capital improvements and an over one million dollar balcony upgrade.
La Jolla, California is located 15 minutes from downtown San Diego and is known for its wonderful beaches, cultural activities, fine restaurants and exclusive boutiques. La Jolla is known to be one of the most affluent communities in the United States yet it maintains a down to earth feel due to the beautiful natural scenery and the helpfulness of its residents.