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$ 2,650,000
Est. payment | /mo
0.26 Acres Lot
$ 2,650,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID 260004413SD
HOA Y/N No
Lot Size 0.260 Acres
Property Sub-Type Mixed Use
Property Description
Exceptional 10-unit multifamily opportunity in prime La Mesa featuring $109,000 in recent capital improvements, including a new roof (2024), SB721 balcony completion with new railings and stairways (2025), and electrical upgrade (2025). These major upgrades enhance insurability and streamline financing for the next owner. Built in 1959, the property consists of 10 units totaling approximately 5,940 rentable SF on an 11,346 SF lot with a desirable mix of 4 studios, 4 one-bedrooms, and 2 two-bedrooms, offering broad tenant appeal and income diversification. Property includes parking for each unit and on-site laundry, adding convenience and additional income potential. Well-positioned asset offering strong in-place income with rental upside in one of East County's most desirable rental markets. Ideal for investors seeking stable cash flow with significant recent capital improvements already completed.
Location
State CA
County San Diego
Area 91941 - La Mesa
Interior
Fireplace No
Exterior
Carport Spaces 10
Total Parking Spaces 10
Others
Tax ID 4704920300
Virtual Tour https://www.propertypanorama.com/instaview/snd/260004413
Listed by Christina Labowicz ACI Apartments #02055851
NEARBY SCHOOL & BUSINESS
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