7447 Herschel, San Diego, CA 92037
List Price: $5M
Listing Status: Pending
Original List Price: $5.75M
0Days on Market: 196
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
MLS Number: 250041378SD
About This Property
$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 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.
Listing provided by: Eric Comer DRE #00842230 858-509-1200 eric.comer@kidder.com, Eric D. Comer, Broker
Source: CRMLS, MLS #: 250041378SD
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.