$8,750,000

Residential Income In La Mesa

  • 72 Beds
  • 48 Baths
  • 26,144 Sqft
  • Updated: July 28
  • 1
  • Source:
    San Diego MLS  MLS#260012789

About the Property

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site
This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.
  • Property type

    Other

  • Floors

    2

  • Price/sqft

    $334

Explore the Area

8694 Lemon Ave, La Mesa, California, United States View on Google Maps
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Eric D. Comer, Broker - San Diego

Joined 9 months ago
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Eric D. Comer, Broker - San Diego
California, United States
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3
Listings
2025
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Eric D. Comer, Broker - San Diego
San Diego, California, United States
View agency profile
Last updated
July 28
First listed
May 28
Listing reference
260012789
Listing status
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