$250,000 PRICE REDUCTION! 7447-7453 Hershel Avenue Apartments represents a unique value-add and location-driven opportunity in one of San Diego’s most desirable neighborhoods. Situated in La Jolla Village and walking distance to beaches, restaurants, and shopping, the property occupies an “A” location in an area that rarely trades. Originally constructed in… Read More 1953, the subject consists entirely of one-bedroom, one-bath units. With targeted interior renovations and exterior upgrades, there is potential to increase rents and overall property value, capturing additional upside in a strong market. Renovated properties with comparable locations are listing units for approximately $6.00/SF in rent. The surrounding market supports sustained demand for multifamily rentals, with a median home sale price of $2.325 million as of June 2025 keeping homeownership out of reach for many and reinforcing the attractiveness of rental housing. Read Less
Courtesy of Eric D. Comer, Broker, , Eric D Comer.
Listing Snapshot
Days Online
247
Last Updated
Property Type
Com-Res Income
Beds
13
Full Baths
13
Square Ft.
5,655
MLS Number
250041378
Additional Details
Building
Built in 0, Building area total: 5655, 2 number of buildings, 2 stories, Living area: 5655, Living area units: Sqft, Building area units: Sqft, 13 total units
Expenses
Operating expense: $186,212
Income
Gross scheduled income: $322,368
Lot
Size units: Acres
Property
Property subtype: Com-Res Income, Property type: Residential Income
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Source: San Diego MLS
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