7447 Herschel San Diego, CA 92037

$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.