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7601 Eads Ave
Coastal South La Jolla 92037

$9,450,000
Residential Income beds: 2 baths: 2.0 12,298 sq. ft. built: 0

Main Photo: Residential Income for sale : 2 bedrooms : 7601 Eads Ave in La Jolla
Photo 1: Residential Income for sale : 2 bedrooms : 7601 Eads Ave in La Jolla
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Status:
Active
Prop. Type:
Residential Income
MLS® Num:
250026179
Bedrooms:
2
Bathrooms:
2
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!!!
Property Sub Type:
Com-Res Income
Number of Buildings:
1
County Or Parish:
San Diego
Market Area:
Coastal South
Total Building Area:
12,298 sq. ft.
Total Floor Area:
12,298 sq. ft.
Total Bedrooms:
2
Bathrooms:
2
Half Bathrooms:
0
Num Stories:
3
Year Built:
0
Age (in years):
2,025 year(s)
Short Sale:
No
Total Actual Rent:
$46,585
Cap Rate.:
3.86
Gross scheduled income:
559020.0
Projected gross scheduled income:
662400
Projected net Income:
468116
Projected Gross Multiplier:
14.27
Operating expense:
193908.0
Number of Units:
12
Number of Leased Apartments:
12
Number of Units in Unit 1:
12
Total Rent for Unit 1:
$46,585
Special Listing Conditions:
N/K
Construction Material:
Metal Fence
Lot Size:
13,068 sq. ft.
Parcel Number:
350-461-07-00
Total Parking Spaces:
26
Total Non-Garage Spaces:
24
Heating:
Radiant
Roof:
Composition, Rock/Gravel
Floor finish:
Vinyl
Zoning:
LJPD-5
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Listed by Marcus & Millichap
Data was last updated August 23, 2025 at 03:10 AM (UTC)
Area Statistics
Listings on market:
67
Avg list price:
$3,000,000
Min list price:
$1,200,000
Max list price:
$15,999,000
Avg days on market:
63
Min days on market:
3
Max days on market:
649
These statistics are generated based on the current listing's property type and located in Coastal South. Average values are derived using median calculations. This data is not produced by the MLS® system.
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