7542 Herschel Ave San Diego, CA 92037
- Parking lots & garages
- 0.16 lot acres
Current Use by Public Records
- Parking lots & garages
Property Details for 7542 Herschel Ave
- Lot size
- 0.16 lot acres
- Zone code
- R-3:RESTRICTED MULTIPLE
- Property type
- Parking lots & garages
- APN
- 350-621-11-00
- APU
- 3506211100
Description
This exceptional 6,761 square foot commercial land parcel presents a unique investment opportunity in the heart of La Jolla, California. Located at 7542 Herschel Avenue, 92037, this property boasts a highly desirable address, just steps from renowned restaurants, art galleries, grocery stores, and the breathtaking La Jolla Cove. Currently operating as a parking lot, this site offers significant income potential in its current state. However, its true value lies in its immense development potential. The large lot size and prime location provide exceptional flexibility for a wide range of projects, from boutique commercial developments to mixed-use constructions. The land value is $6,761 per square foot, reflecting the exceptional desirability of this location within San Diego County. This is a rare chance to acquire a substantial piece of land in one of San Diego's most sought-after neighborhoods, offering both immediate income and long-term growth potential. The property is situated in San Diego, California, within the 92037 zip code. This presents a compelling investment opportunity for discerning buyers seeking a prime location with significant upside. The asking price for this exceptional property is $2,950,000.
Value Estimation
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CAP approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- La Jolla
- County
- San Diego
- State
- California
- Longitude
- -117.272
- Latitude
- 32.8414
- CBSA code
- 41740
- CBSA name
- SAN DIEGO-CARLSBAD-SAN MARCOS, CA METROPOLITAN STATISTICAL AREA
