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$ 5,750,000
Est. payment | /mo
$ 5,750,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250041378SD
HOA Y/N No
Property Sub-Type Mixed Use
Property Description
7447-7453 Hershel Avenue Apartments represents a unique value-add and location-driven opportunity in one of San Diego's most desirable neighborhoods. Situated in La Jolla Village and walking distance to beaches, restaurants, and shopping, the property occupies an “A” location in an area that rarely trades. Originally constructed in 1953, the subject consists entirely of one-bedroom, one-bath units. With targeted interior renovations and exterior upgrades, there is potential to increase rents and overall property value, capturing additional upside in a strong market. Renovated properties with comparable locations are listing units for approximately $6.00/SF in rent. The surrounding market supports sustained demand for multifamily rentals, with a median home sale price of $2.325 million as of June 2025 keeping homeownership out of reach for many and reinforcing the attractiveness of rental housing.
Location
State CA
County San Diego
Area 92037 - La Jolla
Interior
Fireplace No
Others
Tax ID 3506520300
Listed by Eric Comer Eric D. Comer, Broker
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "
310 Third Ave Suite # C-3, Chula Vista, California, 91910, United States