7737 Herschel Avenue
7737 Herschel Avenue
$2,480,000

7737 Herschel Avenue

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 $10,697.63/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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Location

7737 Herschel Avenue, La Jolla, CA 92037

Status

Sold
Tim Nelson

Tim Nelson

Drew Nelson

Drew Nelson

Property Amenities

View additional property information below.
Area & Lot
MLS® ID NDP2102187
Year Built 1977
Type COMMERCIAL
Status Sold
Exterior
Water Source Public
Lot Features 0-1 Unit/Acre
Finance
Sales Price $2,480,000

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