Recent Projects
La Jolla Pacific Consultants acts as a Principal & Advisor for and with our client's. Contact Us to learn more about our recent projects.
8 Units Golden Hill | Value Add
San Diego, CA
LJPC along with Sereda Development Group, recently acquired this craftsman type apartment built in the early 1900's. Ideally located in Golden Hill just minutes from the freeway and downtown, this asset once renovated, will be perfect place for the urban dwellers who enjoy the city like experience.
Asset plan is to do an entire exterior and interior renovation on the property with new landscaping and common area improvements.
<<Under Construction>>
5 Units North Park | Value Add
San Diego, CA
LJPC acting as a principal with Sereda Development Group recently acquired this 5 unit apartment building in the hip North Park neighborhood of San Diego. The property consists of all very large units ranging from 1 -2 bedrooms.
LJPC will be renovating the entire building with exterior and interior upgrades throughout. Additionally the asset plan is to convert the existing garages into Accessory dwelling units to optimize the rental income.
<<Under Construction>>
Side by Side Furnished Duplexes | Value Add
Chula Vista, CA
La Jolla Pacific Consultants LLC (LJPC) along with Sereda Development Group LLC (SDG) recently purchased, renovated, and furnished side by side duplexes in upcoming West Chula Vista. The current vacant buildings were in desperate need of updating. Additionally the garages are in the process of being converted into 1 bedroom ADU's.
LJPC has increased the total combined value of these properties by over $1 million dollars in a less than 6 months as well as creating over $245k/yr in gross rental income through its in-house property management company. LJPC has secured long term debt and will add to its long term hold portfolio.
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8 Units Mixed Use | Office Conversion
Chula Vista, CA
LJPC acting as a principal recently acquired this 8 unit office building in West Chula Vista. The property has an ideal layout to transform existing offices into working office studios. LJPC has added full kitchens and bathrooms to the units as well as upgrading the exteriors with new windows, paint, fencing, etc.
After completion LJPC has leased up all 8 units within 60 days and increased value by over $1 million in valuation from purchase price within <18 months.
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7 Units North Park | Value Add
San Diego, CA
LJPC acting as a principal with Rock Solid Investments LLC acquired a 7 unit property located in North Park area of San Diego. The property consists of one large home surrounded by multiple cottages in a vibrant community. The existing property will go through a complete renovation that is conducive to the area and will provide for attractive market rents over the next 5 years. Additionally LJPC and its partners will be building an additional stand alone unit within the property to optimize even more value from this acquisition. Once completely repositioned, LJPC will bring over $1,000,000 is valuation within a 24 month time frame.
<<Under Construction>>
4 Unit Re-position | Value Add
Chula Vista, CA
La Jolla Pacific Consultants LLC (LJPC) acting as a principal, alongside Upriver Capital Management LLC, recently acquired this ideal fourplex in upcoming West Chula Vista, CA.
LJPC was able to relocate the existing tenants, renovate all 4 units, and lease up at premium market rates in less than 6 months. These sought after units will provide for a solid long term asset in the years to come.
4 Unit Re-position | Value Add
Spring Valley, CA
La Jolla Pacific Consultants LLC (LJPC) acting as a principal, alongside Rock Solid Investments LLC (RSI), recently sourced and acquired an off market fourplex in Spring Valley, CA.
The previous owners had neglected the building over its time of ownership and had an enormous amount of physical problems including, faulty water lines, leaking roof, foundation issues, along with deferred maintenance throughout. Previous ownership had kept rents well below market rents.....
9 Units Golden Hill | Value Add
San Diego, CA
LJPC acting as a principal with Sereda Development Group LLC, recently acquired a dual property portfolio centrally located in San Diego. The properties are situated on the outskirts of downtown in a neighborhood known as Golden Hill. With strong rental demand overflowing from the downtown area, LJPC is well positioned to take advantage of continued increasing income after executing its value add asset plan. LJPC renovated the existing buildings with premium upgrades on both the exterior and interior. LJPC created close to a $2 million dollars of value, and nearly double the existing income to these properties in 12 months.
3 Unit Re-position | Decade Vacancy
Chula Vista, CA
LJPC acting as a principal, sourced a 3 unit property in west Chula Vista, CA. The property had been vacant for over 13 years and had many unknowns in its current physical state. LJPC was able to negotiate a fair price and close in less than 30 days. LJPC completed a full renovation, including replacement of cast iron pipes and new electrical, followed by a lease up at market rents.
LJPC has increased the value by over $235k+ in less than 4 months. LJPC has secured long term conventional debt to add to its long term hold portfolio in an upcoming area of Chula Vista, CA.
4 Unit Re-position | Full Renovation
Chula Vista, CA
LJPC acting as a principal, recently acquired a fourplex in Chula Vista, CA constructed completely out of concrete. The previous owners had neglected the building for over 10 years and had never increased rents. With seller motivation present to sell, LJPC was able to re-negotiate a $225k price adjustment from original asking price and close in less than 10 days. LJPC was able to execute its asset plan and completely reposition the asset in less than 6 months. LJPC has successfully created $500,000 in equity through renovations, as well as implement efficient property management efficiencies nearly doubling the rental income.
Single Family Residence | Upgrade
San Diego, CA
LJPC acting as an advisor and project manager, took on this project with the goal of optimizing home value before going out to market. Current "As is" home value without renovations reflected a $380,000 comparable price. The key to success was to not over renovate the property for the area and to ensure that every dollar that was put into property created atleast $1+ in value. With LJPC's vast experience in SFR affordable renovations, design scheme, weekly project management and tight budgeting, we were able to perform a $42,500 renovation and add $137,000 in value.
Mixed Use Re-Position | Headstone NNN
San Diego, CA
LJPC acting as a principal in Sereda Development Group LLC (SDG) recently sourced & acquired an off market mixed use property located in the upcoming neighborhood of Logan Heights located near downtown San Diego. The existing property was an owner occupied memorial headstone business that had been established for over 50 years. The former owner was ready for retirement and the sale of the property "as is." The asset plan was to renovate, secure retail and residential tenants, & optimize value within 90 days
12 Unit Value Add Apt. | Sober Living Facility
Long Beach, CA
La Jolla Pacific Consultants LLC acting as a principal in California Capital Partners LLC (CCP) recently acquired a 12 Unit apartment in noth Long Beach, CA. The existing property was currently be utilized as a 55 Bed Sober Living Facility. LJPC performed acquisition and asset management duties, facilitated the repositioning of the 50+ tenants, managed the full renovation, and oversaw the re-leasing of the property in the high demand area of Long Beach. The property has been fully renovated and has increased in value by more than 40%. LJPC is currently positioning the asset to be sold before the end of 2019.
SFR Portfolio | Flipping Vegas
Las Vegas, NV
La Jolla Pacific Consultants LLC acting as a principal with San Diego based clients / investors, successfully acquired (4) distressed single family residences in workforce housing areas within the Las Vegas Submarket. Sourcing these properties through established broker relationships allowed La Jolla Pacific Consultants LLC to "buy right." Once acquired, all (4) properties were renovated within 45 days, marketed for 30 days, and sold within 90-120 days of purchasing. Average annualized returns exceeding 40%.
