Price Reduced! A unique multifamily and redevelopment opportunity in the heart of La Jolla, one of Californiaâs 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.