$2,995,000

7737 Herschel Ave

La Jolla CA, 92037

Description

Incredible opportunity in the heart of La Jolla's village! * 6,998 SF lot with a ~ 3,000 SF medical building with single tenant * Zone 2 of the La Jolla Planning District * Max FAR is 1.7, but FAR is 1.3 if all residential * Min lot size is 2,500 SF * Uses include mixed use, community office and/or residential units only * Tenant has exercised the option to extend the lease to 6/30/2024 and has 1 remaining 5-year extension option * Current tenant pays $10,181.55/mo [Supplement]: * Rent increases by 3% annually on 6/30 * Shown with accepted offer only

Details

MLS#200009475
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1977
Days On Site329

Features

SQ Feet3,000
Story(s)1 Story
Acreage0.16

Market Activity 92037

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Area Information
StateCA
CountySan Diego
CityLa Jolla
Zip Code92037
Area92037 - La Jolla
Community NameOther (OTHR)
School DistrictSan Diego Unified
Listing VS Median (in Other (OTHR))
Price:
$2,995,000
low | high
Med:
$685,000
100% of Average
SqFt:
3,000
low | high
Med:
1,205
100% of Average
$ / SqFt:
$998
low | high
Med:
$568
93.058624678752% of Average
On Site:
329
low | high
Med:
4
100% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
Drew Nelson LogoMLS Number: 200009475
Listing Provided By:
Drew Nelson  of  Willis Allen Real Estate
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