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$ 5,500,000
Est. payment | /mo
1 Bed
5,655 SqFt
$ 5,500,000
Est. payment | /mo
1 Bed
5,655 SqFt
Key Details
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Active
Purchase Type For Sale
Square Footage 5,655 sqft
Price per Sqft $972
MLS Listing ID 250041378
Bedrooms 1
Property Sub-Type Com-Res Income
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.
Location
State CA
County San Diego
Area Coastal South
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Senior Community No
Tax ID 350-652-03-00
Virtual Tour https://www.propertypanorama.com/instaview/snd/250041378
Listed by Eric D Comer Eric D. Comer, Broker
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