7509 Herschel Ave, Unit 13 La Jolla, CA 92037-5121
Property Lookup
Property profile & analytics
7509 Herschel Ave, Unit 13 La Jolla, CA 92037-5121
- Apartment buildings
- 3,347 SF
- 0.14 lot acres
Property ID
US09-6976065
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Apartment buildings
Property Details for 7509 Herschel Ave
- Year built
- 1962
- Lot size
- 0.14 lot acres
- Property size
- 3,347 SF
- Zone code
- R-3:RESTRICTED MULTIPLE
- Property type
- Apartment buildings
- APN
- 350-622-08-00
- APU
- 3506220800
Description
This exceptional investment opportunity presents a 7-unit multifamily property located at 7509-7513 Herschel Avenue in the desirable La Jolla community of San Diego, California. The property sits on a substantial 6,300 square foot lot and encompasses a 3,800 square foot building. The existing structure comprises six studio apartments and a separate two-bedroom, one-bathroom house, offering a diverse range of living spaces. Built in 1963 and renovated in 2016, the property benefits from on-site laundry facilities, parking, and dedicated storage areas – highly sought-after amenities in this vibrant location. Zoned R-3 under the La Jolla Planned District Ordinance (PDO), this property presents significant redevelopment potential for those seeking to expand or enhance the existing structure, given its allowance for multiple dwelling units. The asking price is $4,000,000, translating to $1,052.63 per square foot and $571,428.57 per unit. This presents a compelling opportunity to acquire a well-maintained property in a prime location with substantial upside potential. The efficient studio layouts maximize space, while the larger house provides additional living options. This property is an ideal investment for those seeking a strong return in a highly desirable San Diego neighborhood. The property's location in La Jolla, its existing income stream, and its redevelopment potential combine to create a truly unique investment opportunity.
Value Estimations
based on Realmo’s proprietary methodology
-
CAP approach
- CAP Return
- Estimation
- 6%
- $925,000
- 6.5%
- $855,000
- 7%
- $795,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- La Jolla
- County
- San Diego
- State
- California
- Longitude
- -117.271
- Latitude
- 32.8411
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$18,315
$1,265,507
$221,456
$1,486,963
-
$0.00
$0.00
$0.00
