7409 Eads Ave Unit 15 La Jolla, CA 92037
The Village NeighborhoodEstimated payment $27,068/month
About This Home
Please do not disturb the tenants and please do not walk on the property!! Shown with accepted offer. 7409-7415 Eads Ave offers an investor the opportunity to own an income producing property in one of the most desirable cities in the United States. Available are 5 very well maintained units located in the Village of La Jolla. The property offers immediate upside in rents as well as the possibility to increase NOI by charging for garages and utility reimbursement. The site includes multiple structures spread out on a large lot including a 2BR/1Bath House, a Studio Cottage, a 1BR/1Bath cottage and 2 1BR/1Bath apartment units situated above 4 garages. The property sits on a .24 ACRE lot so there is development potential to add more units (4 new construction) and convert the 4 garages into dwelling units. This would increase the unit count from the current 5, up to to 9 or 11 total units. Buyer/Developer responsible for their own feasibility study.
Property Details
Home Type
- Multi-Family
Parking
- 7 Parking Spaces
Home Design
Interior Spaces
- 5 Bedrooms
- 3,598 Sq Ft Home
- 2-Story Property
Community Details
Overview
- 3 Buildings
- 5 Units
Building Details
- 5 Leased Units
- Operating Expense $88,790
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $9,840 | $813,481 | $574,229 | $239,252 |
| 2024 | $9,840 | $797,531 | $562,970 | $234,561 |
| 2023 | $9,622 | $781,894 | $551,932 | $229,962 |
| 2022 | $9,365 | $766,563 | $541,110 | $225,453 |
| 2021 | $9,302 | $751,533 | $530,500 | $221,033 |
| 2020 | $9,189 | $743,828 | $525,061 | $218,767 |
| 2019 | $9,025 | $729,244 | $514,766 | $214,478 |
| 2018 | $8,438 | $714,946 | $504,673 | $210,273 |
| 2017 | $8,237 | $700,928 | $494,778 | $206,150 |
| 2016 | $8,104 | $687,185 | $485,077 | $202,108 |
| 2015 | $7,985 | $676,864 | $477,791 | $199,073 |
| 2014 | $7,860 | $663,606 | $468,432 | $195,174 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/13/2026 04/13/26 | For Sale | $4,850,000 | -- | $1,348 / Sq Ft |
Source: San Diego MLS
MLS Number: 260008673
APN: 351-061-01-00
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Ask me questions while you tour the home.