For Sale
$2,950,000

7542 Herschel Ave San Diego, CA 92037

Prime La Jolla location, large lot, income potential.

Overview

Added:
Dec 11, 2024
Days on market:
137
This exceptional 6,761 square foot commercial land parcel presents a unique investment opportunity in the heart of La Jolla, California. Located at 7542 Herschel Avenue, 92037, this property boasts a highly desirable address, just steps from renowned restaurants, art galleries, grocery stores, and the breathtaking La Jolla Cove. Currently operating as a parking lot, this site offers significant income potential in its current state. However, its true value lies in its immense development potential. The large lot size and prime location provide exceptional flexibility for a wide range of projects, from boutique commercial developments to mixed-use constructions. The land value is $6,761 per square foot, reflecting the exceptional desirability of this location within San Diego County. This is a rare chance to acquire a substantial piece of land in one of San Diego's most sought-after neighborhoods, offering both immediate income and long-term growth potential. The property is situated in San Diego, California, within the 92037 zip code. This presents a compelling investment opportunity for discerning buyers seeking a prime location with significant upside. The asking price for this exceptional property is $2,950,000.

Highlights

  • 6,761 SF commercial land parcel in prime La Jolla location (7542 Herschel Ave, 92037).
  • Currently operating as a profitable parking lot.
  • Significant development potential for boutique commercial or mixed-use projects.
  • Land value: $6,761/SF.
  • Asking price: $2,950,000.

Property Details for 7542 Herschel Ave

Property type
Land

Location Insight

City
San Diego
County
San Diego
State
California
Latitude
32.84114330009
Longitude
-117.27207125386

FAQs

What type of property is this?
Land - Prime La Jolla location, large lot, income potential.
Where is the land located?
The property is located at 7542 Herschel Ave San Diego, CA.
What is the asking price?
The asking price for this property is $2,950,000.
What are key features of this property?
This property features: 6,761 SF commercial land parcel in prime La Jolla location (7542 Herschel Ave, 92037).; Currently operating as a profitable parking lot.; Significant development potential for boutique commercial or mixed-use projects.
How can I contact the broker?
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7542 Herschel Ave
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