About 7447 Herschel
$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.
Features of 7447 Herschel
| MLS® # | 250041378 |
|---|---|
| Price | $5,000,000 |
| Bedrooms | 13 |
| Bathrooms | 13.00 |
| Full Baths | 13 |
| Square Footage | 5,655 |
| Type | Residential Income |
| Sub-Type | Com-Res Income |
| Status | Pending |
Community Information
| Address | 7447 Herschel |
|---|---|
| Area | LA JOLLA (92037) |
| City | San Diego |
| County | San Diego |
| State | CA |
| Zip Code | 92037 |
Amenities
| Is Waterfront | No |
|---|---|
| Has Pool | Yes |
Interior
| Fireplace | Yes |
|---|---|
| # of Stories | 2 |
Additional Information
| Date Listed | October 10th, 2025 |
|---|---|
| Days on Market | 196 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
| Listing Office | Eric D. Comer, Broker |
Price History for MLS #250041378
| Date | Details | Change |
|---|---|---|
| Price Reduced from $5,250,000 to $5,000,000 | ||
| Price Reduced from $5,500,000 to $5,250,000 | ||
| Price Reduced from $5,750,000 to $5,500,000 |