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Listing 10 out of 194
$4,250,000 For Sale

7342 Girard
La Jolla, CA 92037

8 units | Multi Family 5+ - MLS# 190031985
Property Photo
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Description

CBRE is pleased to offer for sale a unique multifamily and redevelopment opportunity in the heart of La Jolla, one of California's most desirable and exclusive coastal enclaves. This property has a varied unit mix spread across a cluster of cottages creating a garden community with open spaces, private patios, and verdant landscaping. Some units are currently rented 50% under market. Favorable zoning overlays present a rare development opportunity in La Jolla Village. An architectural feasibility study has been commissioned by renowned local architect De Bartolo + Riman Studio exploring the options and a proposed 28 micro-unit development.

Features

  • Property Type: Multi Family 5+
  • Sub Type: Multi Family 5+
  • Listing Status: Active
  • County/Area: San Diego County
  • Zip Code: 92037
  • Units: 8 units
  • # of Baths (1): 1
  • # of Baths (2): 1
  • # of Baths (3): 1
  • # of Baths (4): 1
  • # of Baths (5): 2
  • # of Bedrooms (1): 1
  • # of Bedrooms (2): 1
  • # of Bedrooms (3): 1
  • # of Bedrooms (4): 3
  • # of Bedrooms (5): 3
  • # of Buildings: 3
  • # of Units (1): 3
  • # of Units (2): 1
  • # of Units (3): 1
  • # of Units (4): 1
  • # of Units (5): 2
  • Actual Gross Schd Income: 140340
  • Actual Operating Expense: 77658
  • Cap Rate Projected: 3.6
  • Listing Area: LA JOLLA (92037)
  • Lot SqFt: 7926
  • SqFt of Improvement: 4032
  • Unit Rent (1): 915
  • Unit Rent (2): 1000
  • Unit Rent (3): 1500
  • Unit Rent (4): 2450
  • Unit Rent (5): 2000
  • Unit Rent Total (1): 2745
  • Unit Rent Total (2): 1000
  • Unit Rent Total (3): 1500
  • Unit Rent Total (4): 2450
  • Unit Rent Total (5): 4000
Courtesy of CBRE

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Krystal Lane

Krystal Lane
SDHomes Enterprises
San Diego, CA 92104

858-382-5793
Contact Me

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Krystal Lane | CA DRE# 01918284 | 858-382-5793 | Contact Me
2358 University Ave #33 - San Diego, CA 92104
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