7447 Herschel, La Jolla, CA 92037

$4,500,000
List Price
$4,500,000
Price Change
▼ $500,000 1785975707
Status
ACTIVE
MLS#
250041378SD
Days on Market
198
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

BACK ON MARKET with major price reduction! 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. The surrounding market supports sustained demand for multifamily rentals, with a median home sale price of $2.75 million as of July 2026 keeping homeownership out of reach for many and reinforcing the attractiveness of rental housing.

Additional Information

Cooling
Yes
Attached Structure
Detached
Number Of Units Total
13
Gross Scheduled Income
$324,780
Operating Expense
132324

Listing courtesy of Listing Agent: Eric Comer (eric.comer@kidder.com) from Listing Office: Eric D. Comer, Broker.

Mortgage Calculator

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Calculator source: Real Geeks

Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.