7342 Girard, La Jolla, CA 92037 – 190031985 - Yosef Adde

$3,100,000

$3,300,000

6.1%

Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

Est. payment -/mo

SOLD DATE : 02/07/2020

Key Details

Sold Price $3,100,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 190031985

Sold Date 02/07/20

HOA Y/N No

Property Sub-Type Mixed Use

Property Description

Price Reduced! A unique multifamily and redevelopment opportunity in the heart of La Jolla, one of California’s most desirable and exclusive coastal enclaves. Download Offering Memorandum at 7342GirardAve.com This property has a varied unit mix spread across a cluster of cottages creating a garden community with open spaces, private patios, and verdant landscaping. Some units are currently rented 50% under market. Favorable zoning overlays present a rare development opportunity in La Jolla Village. An architectural feasibility study has been commissioned by renowned local architect De Bartolo + Riman Studio exploring the options and a proposed 28 micro-unit development.