7510 - 7516 1/2 Draper Avenue, La Jolla, 92037

Commercial - Com-Res Income For Sale

$3,750,000

Beds
Baths
Sqft
Built
19DOM
MLS® #: 190023813
ACTIVE, 19 Days on Market

The property is located within the city limits of San Diego in the heart of the downtown La Jolla business district. The coastal city of La Jolla is one of the most desirable places to live in the world. La Jolla California, which means "The Jewel" is a beautiful seaside community that has been a popular beach resort since the late 1800's. Public transportation is nearby, no need for a car. Within walking distance to the beach, restaurants, shops and more. The lot is approximately 7000 square feet, 48 feet by 137 feet. Property is currently a five-unit garden apartment community with 3 buildings. One 2 bed/1.5 bath unit with driveway and 1 car garage. Two 1 bed/1 bath duplexes (4 units total) each with 1 parking space. Property has approximately 2,450 in rental space. Property is currently tenant occupied. With rehabilitation property has significant upside rent potential. Property is a developer/investor opportunity to demolish existing structures and build some new construction, up to 5 condominiums.

Essential Information

MLS® #: 190023813
Price: $3,750,000
Acres: 0.00
Type: Commercial
Sub-Type: Com-Res Income
Status: ACTIVE

Community Information

Address: 7510 - 7516 1/2 Draper Avenue
Area: LA JOLLA (92037)
City: La Jolla
County: San Diego
State: CA
Zip Code: 92037

Amenities

Parking Spaces: 4

Interior

# of Stories: 1

Additional Information

Date Listed: April 15th, 2019
Days on Market: 19

Listing Details

Listing Office: FOSTER HAMILTON Real Estate Co

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 1:53pm PDT.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2019 San Diego MLS®, Inc.

Listing information last updated on May 21st, 2019 at 1:53pm PDT.