7737 Herschel Ave, La Jolla, CA 92037

$3,495,000
List Price
$3,495,000

Property 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 $9,885/mo • Rent bumps 3% each year beginning 6/30/2019 • 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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Listing courtesy of Willis Allen Real Estate

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