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7601 Eads Ave, La Jolla, CA 92037

Commercial property

7601 Eads Ave, La Jolla, CA 92037 Sold October 2025 CRMLS
$9,350,000Sold October 2025

Listing Agent: Thomas McCartin (DRE #01427348) · Listing Office: Marcus & Millichap · Contact: 818-212-2250 · Bought with: Thomas McCartin · Marcus & Millichap · MLS #250026179SD · Source: CRMLS

12
Units
3.86%
Cap Rate
$365,112
NOI
12,298 sqft
Lot Size
LJPD-5
Zoning
Commercial property
Type

About this commercial property

Back on the Market. Buyer did not perform. Units show very well (Above Average Condition!!!). Welcome to La Jolla and The La Jolla Westwinds Apartments. Included are 12 Very Well Maintained 2BR/2Bath Units averaging 1,025 Sq Ft each. Select units have been upgraded with newer cabinets and countertops. All units include 2 huge walk in closets, in unit stacked washer/dryer, fireplaces, & ceiling fans. The property has a secured front and rear entrance with an intercom system as well as gated tuck under parking. There are a total of 24 parking spaces. Although the units are in above average condition the rents are approximately 10-15% below market. In addition there is immediate upside by initiating a RUBS (Utility Reimbursement) program and also charging for parking and 12 storage lockers. The property is located in the heart of The Village of La Jolla. With a walk score of 98 ("Walker's Paradise) tenants enjoy the convenience of tons of shops, restaurants, schools, theatres, etc. And let's not forget you are within a few blocks to the Pacific Ocean!!!

Listing description from the October 2025 sale, as reported to CRMLS.

Sale history

$9,350,000
Sold October 2025 · listed $9,450,000, on market May 2025 · MLS #250026179SD · Source: CRMLS
Listing Agent: Thomas McCartin · Listing Office: Marcus & Millichap · Contact: 818-212-2250 · Bought with: Thomas McCartin · Marcus & Millichap
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