Studios Six Apartments | 7509 - 7513 Herschel Ave
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Studios Six Apartments 7509 - 7513 Herschel Ave
7 Unit Block of Flats £3,156,000 (£450,857/Unit) La Jolla, CA 92037
Executive Summary
This unique residential offering is located at 7509-7513 Herschel Avenue, within the prestigious community of La Jolla. The property is situated on a substantial lot of 6,300 square feet, featuring a building area of 3,800 square feet that is thoughtfully designed and well-maintained.
This investment opportunity includes six studio apartments and one two-bedroom, one-bathroom house, offering a variety of living arrangements for potential tenants or redevelopment opportunities, given its R-3 zoning under the La Jolla Planned District Ordinance (PDO). This zoning supports multiple dwelling units and could be ideal for a developer looking to expand or enhance the property.
The studios are efficiently laid out, maximizing the use of space and promoting a comfortable living environment. The property includes shared, onsite laundry facilities, providing convenience for all residents in the building. The stand-alone house offers more space and privacy, featuring two bedrooms and one bathroom, perfect for small families or couples.
Additional property features include onsite parking and dedicated storage areas, which are highly desirable in the bustling La Jolla area. These facilities ensure ease of living and add significant value to the property.
This investment opportunity includes six studio apartments and one two-bedroom, one-bathroom house, offering a variety of living arrangements for potential tenants or redevelopment opportunities, given its R-3 zoning under the La Jolla Planned District Ordinance (PDO). This zoning supports multiple dwelling units and could be ideal for a developer looking to expand or enhance the property.
The studios are efficiently laid out, maximizing the use of space and promoting a comfortable living environment. The property includes shared, onsite laundry facilities, providing convenience for all residents in the building. The stand-alone house offers more space and privacy, featuring two bedrooms and one bathroom, perfect for small families or couples.
Additional property features include onsite parking and dedicated storage areas, which are highly desirable in the bustling La Jolla area. These facilities ensure ease of living and add significant value to the property.
Property Facts
Price | £3,156,000 | Building Class | C |
Price Per Unit | £450,857 | Lot Size | 0.14 AC |
Sale Type | Investment | Building Size | 3,239 SF |
No. Units | 7 | Average Occupancy | 100% |
Property Type | Residential | Number of Floors | 2 |
Property Subtype | Apartment | Year Built/Renovated | 1963/2016 |
Apartment Style | Low Rise | Parking Ratio | 2.16/1,000 SF |
Price | £3,156,000 |
Price Per Unit | £450,857 |
Sale Type | Investment |
No. Units | 7 |
Property Type | Residential |
Property Subtype | Apartment |
Apartment Style | Low Rise |
Building Class | C |
Lot Size | 0.14 AC |
Building Size | 3,239 SF |
Average Occupancy | 100% |
Number of Floors | 2 |
Year Built/Renovated | 1963/2016 |
Parking Ratio | 2.16/1,000 SF |
Unit Amenities
- Microwave
- Refrigerator
- Oven
- Range
- Tub/Shower
Site Amenities
- 24 Hour Access
- Laundry Facilities
Unit Mix Information
Description | No. Units | Avg. Rent.Mo | SF |
---|---|---|---|
Studios | 6 | - | 450 |
2+1 | 1 | - | 1,100 |
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Walk Score ®
Walker's Paradise (97)
PROPERTY TAXES
Parcel Number | 350-622-08 | Improvements Assessment | £174,729 |
Land Assessment | £998,485 | Total Assessment | £1,173,214 |
PROPERTY TAXES
Parcel Number
350-622-08
Land Assessment
£998,485
Improvements Assessment
£174,729
Total Assessment
£1,173,214
zoning
Zoning Code | R3 (Zoning- R-3 - Multi-Family Residences) |
R3 (Zoning- R-3 - Multi-Family Residences) |
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Studios Six Apartments | 7509 - 7513 Herschel Ave
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