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$ 2,320,000
Est. payment | /mo
0.26 Acres Lot
$ 2,320,000
Est. payment | /mo
0.26 Acres Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 260017468SD
HOA Y/N No
Lot Size 0.260 Acres
Property Sub-Type Mixed Use
Property Description
Well-positioned 10 unit asset offering strong in-place income with rental upside in one of East County's most desirable rental markets. The property features a balanced unit mix of four studios, four 1BRs, and two 2BR units. Tenants enjoy on-site laundry and a covered parking space for each unit. Recent Capital Improvements include new roof (2024), new stairs and catwalks (SB721 compliant), and new electrical. La Mesa offers buyers the ideal combination of stable suburban demand and proximity to major San Diego employment hubs. The 91941 area attracts professionals, families, and long-term residents drawn to its walkable village atmosphere, nearby parks and recreation, and convenient freeway access. With strong household incomes, balanced renter demand, and limited new multifamily supply, this pocket of La Mesa provides durable occupancy, consistent rent performance, and long-term appreciation potential, making it a compelling, lower-volatility alternative to higher-priced coastal submarkets.
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
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "