La Jolla Multifamily Investment
For Sale
$4,500,000
7447 Herschel, San Diego, CA 92037
Value-add multifamily property in prime La Jolla Village location.
Property SizeContact for details
Days on Market275
Property Features for 7447 Herschel
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Units
13
Listing Agency:
Eric D. Comer, Broker
(858) 369-3084
Listed By:
Eric Comer · License #00842230
(858) 369-3084
Source:
Elliman
Added: Nov 28, 2025
Changed: Aug 23
Last Checked: Aug 29 at 1:25PM
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 Eric D. Comer, Broker
Investment Insights
Based on property information with market context.
The apartments at 7447-7453 Hershel Avenue present a value-add opportunity in a desirable San Diego neighborhood. Located in La Jolla Village, the property is within walking distance of beaches, restaurants, and shopping. Constructed in 1953, the property consists of one-bedroom, one-bath units. Interior renovations and exterior upgrades could increase rents and overall property value. Comparable renovated properties in similar locations are listed for approximately $6.00 per square foot in rent. As of June 2025, the median home sale price was $2.325 million, supporting sustained demand for multifamily rentals.
Key Highlights
- Prime location in La Jolla Village, walking distance to beaches, restaurants, and shopping.
- Value‑add opportunity through interior renovations and exterior upgrades.
- Potential to increase rents to approximately $6.00/SF, based on comparable renovated properties.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
416
Businesses Nearby
Explore this area
Business Placement
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
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Value-add multifamily property in prime La Jolla Village location.
Where is this apartment building located?
The property is located at 7447 Herschel San Diego, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location in La Jolla Village, walking distance to beaches, restaurants, and shopping.; Value‑add opportunity through interior renovations and exterior upgrades.; Potential to increase rents to approximately $6.00/SF, based on comparable renovated properties.
