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.
Data was last updated November 4, 2025 at 01:10 AM (UTC)
Area Statistics
Listings on market:
58
Avg list price:
$2,877,000
Min list price:
$1,200,000
Max list price:
$12,950,000
Avg days on market:
66
Min days on market:
3
Max days on market:
721
These statistics are generated based on the current listing's property type
and located in
Coastal South. Average values are
derived using median calculations. This data is not produced by the MLS® system.