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
Details
| MLS # | 250020927SD |
|---|---|
| Listing Type | For Sale |
| Style | Mixed Use |
| Sub-Type | Resale |
| Status | Pending |
| Days On Site | 107 |
| Listing Provided By | ACI Apartments | Christina Labowicz |
Features
| Units | 12 |
|---|---|
| Building(s) | 1 |
| Acreage | 0.44 |
Interior
| Heating Yes / No | No |
|---|---|
| Cooling Yes / No | Yes |
Exterior
| Construction Materials | Stucco |
|---|
Market Activity 91941
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Learn More About This Property
| State | CA |
|---|---|
| County | San Diego |
| City | La Mesa |
| Zip Code | 91941 |
| Area | 91941 La Mesa |
| Listing VS Median (in 91941) | |
Price: $4,099,000 low | high Med: $1,172,500 On site: 107 low | high Med: 11.000000 | |
Listing Updated: June 12, 2025 at 12:23:12 PM PDT