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5-Unit Apartment Property

7409 Eads Ave, La Jolla, CA 92037

For Sale
$4,395,000

The unit mix spans a house, cottages, and apartments, with four garages on site.

Property SizeContact for details
Lot Size0.24 Acres
Days on Market210

Property Features for 7409 Eads Ave

General Information

Standard status Active
Lot size 0.24 Acres
Property subtype Mixed Use

Units

Unit Mix 1 x 2BR/1BA House, 1 x Studio Cottage, 1 x 1BR/1BA Cottage, 2 x 1BR/1BA Apartment
Multifamily Units 5

Additional Details

Tenant in Place Yes
Listing Agency: Marcus & Millichap
Listed By: Thomas McCartin · License #01427348
Source: Duprerealestate
Added: Apr 13 Changed: Nov 7 Last Checked: Nov 7 at 2:12PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap

Rey
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Investment Insights

Based on property information with market context.

This five-unit residential property combines a two-bedroom, one-bath house, a studio cottage, a one-bedroom, one-bath cottage, and two one-bedroom, one-bath apartments positioned above four garages. The buildings occupy a 0.24-acre parcel and include several separate structures.

The property is in La Jolla Village, at 7409 Eads Ave. The stated unit mix and garage configuration describe the existing improvements.

Key Highlights

  • Five existing residential units across a house, cottages, and apartments
  • Unit mix includes one 2BR/1Bath house, one studio cottage, one 1BR/1Bath cottage, and two 1BR/1Bath apartments
  • 0.24‑acre lot in La Jolla Village

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

416
Businesses Nearby

Demographics for 92037, CA

41,260
Population
19,628
Households
2.1
Avg Household Size
43
Median Age
76%
College-Educated
98%
High-School Grad
12.0 sq mi
ZIP Area
3,438
Density / Sq Mi
$141,822
Median Household Income
$64,545
Median Earnings
$2,632
Median Rent
$1,857,800
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in San Diego County, CA

$586 Jul
$606 Aug
$609 Sep
$607 Oct

Properties on Market for Apartment buildings in San Diego County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - The unit mix spans a house, cottages, and apartments, with four garages on site.
Where is this apartment building located?
The property is located at 7409 Eads Ave La Jolla, CA.
What is the asking price?
The asking price for this property is $4,395,000.
What are key features of this property?
This property features: Five existing residential units across a house, cottages, and apartments; Unit mix includes one 2BR/1Bath house, one studio cottage, one 1BR/1Bath cottage, and two 1BR/1Bath apartments; 0.24‑acre lot in La Jolla Village
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