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La Jolla Multifamily Investment Opportunity

7447 Herschel San Diego, CA 92037

7447 Herschel, San Diego, CA, 92037
$5,000,000
For Sale
Claim this Listing
$5,000,000

Value-add multifamily property in prime La Jolla Village location.

AddedNov 28, 2025
Days on Market229
Last RefreshJul 2 at 12:55 pm

Property Features for 7447 Herschel

General Information

Standard status
Active
Property subtype
Commercial

Listing office

Listing date Nov 28, 2025

Source Elliman

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 Comer


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 Location Intelligence

Current Use by Public Records

Isalis (Bike/Boat/Book/etc) Store Party City Party Supply Store Skunk Funk Big Box & Wholesale Store Carl's Trading Co Hat Shop Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store

Suggested Use

Storage Facility (Bike/Boat/Book/etc) Store Tanning Salon Catering Service Mobile Phone Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Locksmith Fish Market Restaurant

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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 $5,000,000.
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.
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