7447 Herschel, La Jolla, CA 92037
- $5,000,000
- 13
- BD
- 13
- BA
- 5,655
- SqFt
- List Price
- $5,000,000
- Price Change
- ▼ $250,000 1770164147
- Days on Market
- 297
- Status
- PENDING
- MLS#
- 250041378
- Bedrooms
- 13
- Bathrooms
- 13
- Living Sq. Ft
- 5,655
- City
- La Jolla
- Property Type
- Multifamily
Property Description
$250,000 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. 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.
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Additional Information
- Living Area
- 5,655
- Stories
- 2
Mortgage Calculator
Listing courtesy of Listing Agent: Eric D Comer (858-369-3084) from Listing Office: Eric D. Comer, Broker.
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