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$ 4,099,000
Est. payment /mo
Price Dropped by $51K
7425 Waite Dr La Mesa, CA 91941
0.44 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 250020927
Lot Size 0.443 Acres
Acres 0.44
Property Description
An exceptional investment opportunity in the heart of La Mesa! Boasting the lowest GRM in the vicinity while also offering 17%+ additional upside in rent! This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, dual pane windows, upgraded flooring and new kitchen cabinets in many of the units. Ideally located with easy access to the 94 Freeway, this well-maintained asset is just minutes from shopping, dining, Home Depot, and the scenic Chollas Lake Park. See this link to the Offering memorandum: https://proposal.aciapartments.com/index.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs#page-4885515
Location
State CA
County San Diego
Area La Mesa (91941)
Exterior
Exterior Feature Fully Landscaped
Parking Features Spaces
Total Parking Spaces 18
Building
Story 2
Lot Size Range .25 through .50 Acres
Others
Space Rent $346,440
Special Listing Condition Call Agent
Virtual Tour https://www.propertypanorama.com/instaview/snd/250020927
Listed by Christina M Labowicz • ACI Apartments