7421-25 La Jolla Blvd., La Jolla, CA 92037
Local realty services provided by:Better Homes and Gardens Real Estate Clarity
7421-25 La Jolla Blvd.,La Jolla, CA 92037
$2,650,000
- 3 Beds
- 3 Baths
- 2,133 sq. ft.
- Multi-family
- Active
Listed by: joseph a burrough
Office: palma commercial
MLS#:260003819
Source:San Diego MLS via CRMLS
Price summary
- Price:$2,650,000
- Price per sq. ft.:$1,242.38
About this home
We are excited to offer for sale a superbly located multifamily property/redevelopment site in La Jolla, just 3.5 blocks from Marine Street Beach, on a prominent La Jolla commercial/mixed-use thoroughfare, within walking distance to top-tier schools, shopping, dining, several beaches and parks. Currently featuring five (5) 1950s-vintage single-story units, buildings/interiors are in need of some improvement in order to be able to capture upper market rents relative to the area, yet the true value lies in the land and its redevelopment potential. The Property sits in the Complete Communities Coastal Height Overlay Zone, allowing for up to a 2.5 FAR (or a max building size of +/-12,637 SF) for new CCHS development, if the proper guidelines adhered to, including some lower income unit(s). Base zoning is LJPD-4, allowing for about a 1.3 FAR build out by right, if all market rate units are desired. Current unit mix consists of: Two (2) studios); Two (2) 1Br/1Ba units; and One (1) 2Br/1Ba unit. There are three (3) surface off-street parking spaces in the front. This is a rare opportunity to acquire and re-develop a mixed-use trophy asset in one of California's most coveted ultra-premium coastal sub-markets, just steps from world class beaches, dining, and shopping. Great for someone with their own business and the capacity to develop a class 'A' storefront on a prominent La Jolla street, with ideally situated multifamily units for strong added income potential after full build out. Ocean view potential via new construction at max. allowable building height.
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Home facts
- Listing ID #:260003819
- Added:17 day(s) ago
- Updated:March 07, 2026 at 03:19 PM
Rooms and interior
- Bedrooms:3
- Total bathrooms:3
- Living area:2,133 sq. ft.
Heating and cooling
- Heating:Wall
Structure and exterior
- Roof:Composition
- Building area:2,133 sq. ft.
- Levels:1 Story
Finances and disclosures
- Price:$2,650,000
- Price per sq. ft.:$1,242.38
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