Skip To Content
    Return to Previous Page

    7342 Girard Ave.

    La Jolla, CA 92037
    • $6,795,000
    • STATUS: ACTIVE
    • ON SITE: 70 days
    • ID#: 200051478
    UPDATED: 73 min ago
    $6,795,000
    • 1
      BEDS
    • 0.18
      ACRES
    • 2
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    DO NOT DISBURB TENANTS See property website for full marketing pkg: http://northmarq.listinglab.com/LaJollaCottages/ La Jolla Cottages, 100% renovated in 2020, is a 12-unit property, steps from the middle of the highly sought-after Village of La Jolla, San Diego’s most exclusive coastal enclave. After a complete “to-the-stud” remodel, La Jolla Cottages offer an investor the opportunity to own a piece of La Jolla Village. All units feature gas ranges, cove heaters, stainless steel appliances, tiled walk-in showers and bathrooms and new hardwood floors. Enjoying strong demand from a well-to-do tenant base, La Jolla Cottages is able to drive unmatched rental premiums. The community allows quick access to the best of San Diego’s beaches, all that La Jolla has to offer all while secluded from the outside world inside a coastal oasis. Residents enjoy oversized fenced in private patios or ocean view balconies. All units step into a beach oasis, encapsulated by the renewed charm of the vintage standalone cottages.

    Monthly Payment Calculator

    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.lajollaagent.com/homes/111830159
    Print Image

    7342 Girard Ave. La Jolla, CA 92037

    • Price: $6,795,000
    • Status: ACTIVE
    • Updated: 73 min ago
    • ID#: 200051478
    1
    Beds
    2
    Baths
    0
    ½ Baths
    0.18
    Acres
    Neighborhood:
    La Jolla (92037)
    County:
    San Diego
    Area:
    La Jolla (92037)
    Property Description
    DO NOT DISBURB TENANTS See property website for full marketing pkg: http://northmarq.listinglab.com/LaJollaCottages/ La Jolla Cottages, 100% renovated in 2020, is a 12-unit property, steps from the middle of the highly sought-after Village of La Jolla, San Diego’s most exclusive coastal enclave. After a complete “to-the-stud” remodel, La Jolla Cottages offer an investor the opportunity to own a piece of La Jolla Village. All units feature gas ranges, cove heaters, stainless steel appliances, tiled walk-in showers and bathrooms and new hardwood floors. Enjoying strong demand from a well-to-do tenant base, La Jolla Cottages is able to drive unmatched rental premiums. The community allows quick access to the best of San Diego’s beaches, all that La Jolla has to offer all while secluded from the outside world inside a coastal oasis. Residents enjoy oversized fenced in private patios or ocean view balconies. All units step into a beach oasis, encapsulated by the renewed charm of the vintage standalone cottages.
    Exterior Features

    Exterior Cable AvailableCommunity FacilitiesFully LandscapedPart FencedWood FenceWood Deck Parking Spaces

    Interior Features

    Floor Coverings HardwoodTile Floors Wood Heating Wall Laundry Owned Sq Ft Of Improvement 4200 Stories 1 Story2 Story Units With Disposals 12 Units With Ranges 12 Units With Refrigerators 12

    Property Features

    Actual Cap Rate 3.46 Actual Gross Scheduled Income 355871.0 Actual Operating Expense 120718 Assumable Finance 0 Buildings 3 Complex Features Bbq Financial Information Source Owner Gross Equity 1 Gross Multiplier 19.09 Have Property Mandatory Remarks None Known Market Area Coastal South Motive Want $ Short Sale No Sq Ft Source Buyer To Verify Terms CashCash To New Loan Unit Number1 10 Unit Number2 2 Unit Type Free Standing Zoning Rm-3-9

    Listing provided courtesy of Northmarq Multifamily. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    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 © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
    https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_200051478-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_200051478-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/orig_boomver_2_200051478-2.jpg
    Logo
    Compass
    7863 Girard Ave. #208
    La Jolla CA, 92037