7737 Herschel Ave $2,995,000

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    7737 Herschel Ave La Jolla, CA 92037

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    $2,995,000

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    • 0 Beds
    • 0 Baths
    • 3,000 sq. ft.
    • Single-Family
    • MLS# 200009475
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    Views: 140 Days On Market: 89

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    Property Details

    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 ' Current tenant pays $10,181.55/mo ' Rent increases by 3% annually on 6/30 ' Tenant has exercised the option to extend the lease to 6/30/2024 and has 1 remaining 5-year extension option ' Shown with accepted offer only.

    • General Features
      • Association Fee 0.00
      • County Or Parish San Diego
      • Subdivision Name La Jolla
      • Year Built 1977
    • Building Features
      • Appliances None
      • Cooling None
      • Full Bathrooms 0
      • Half Bathrooms 0
      • Heating Natural Gas,None
      • Laundry Features None
      • Living Area 3000.00
    • Property Features
      • Fencing Partial
      • Lot Size Acres 0.16
      • Parking Total 0.00
      • Pool Private Y/N 0
      • Pool Features No Permits

    Contact

    Nelson Brothers Team

    Nelson Brothers Team

    Real Estate Agents

    DRE: 01376023, 01801493

    La Jolla Office

    Mobile Phone: 858-215-3739

    Neighborhood

    92037 (La Jolla) Demographics

    43 Median Age
    2,959 Population Density (per sq. mile)
    80% College Educated
    $102,297 Estimated Median Income
    9,475 Estimated Total Home Owners
    7,343 Estimated Total Renters
    56% / 44% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    38,659 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $881,500 Median Sales Price
    19 Homes Sold
    226 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $2,995,000
        2/26/2020 11:21:00 AM New in Database Source

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Based on information from California Regional Multiple Listing Service, Inc. as of 5/26/2020 2:19:04 AM. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.