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    7737 Herschel Ave

    La Jolla, CA 92037
    • $2,995,000
    • STATUS: Active
    • ON SITE: 23 days
    • ID#: 200009301
    UPDATED: 56 min ago
    $2,995,000
    • 0
      BEDS
    • 0.16
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    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 * 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

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-23T18:30:14.833. 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 deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

    www.applefinancialnetwork.com/homes/111504291
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    7737 Herschel Ave La Jolla, CA 92037

    • Price: $2,995,000
    • Status: Active
    • Updated: 56 min ago
    • ID#: 200009301
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.16
    Acres
    Neighborhood:
    92037 - La Jolla
    County:
    San Diego
    Area:
    92037 - La Jolla
    Property 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 * 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
    Exterior Features

    Lot Size Units Square Feet

    Property Features

    Country Us Gross Scheduled Income 118620.00 Net Operating Income 0.00 Operating Expense 0.00 Property Sub Type Industrial Total Monthly Rent 10181 Zoning Commercial

    Listing provided courtesy of Drew Nelson of Willis Allen Real Estate and Timothy Nelson of Willis Allen Real Estate


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-11-23T18:30:14.833. 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 deemed reliable but is not guaranteed accurate by the MLS or Apple Financial Network, Inc.. Licensed in the State of California, USA.

     
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