7125 Waite Drive , La Mesa, CA 91941

  • $3,200,000

Overview

Property ID: HZ200027246
  • Com-Res Income, Residential Income
  • Property Type
  • 8
  • Bedrooms
  • 4
  • Bathrooms
  • 10380
  • Sqft

Description

In place (current) cap rate of 5.29% Rare opportunity to own well located 12 unit town-homes in the incorporated City of La Mesa, San Diego County, CA. All units are 864 sf 2 bedroom, 1.5 bathrooms. All units offer private back patios. Property is situated on a 21,103 square foot lot with ample onsite parking for 26 vehicles (13 true tandem spaces). The lot is so large, that there could be additional improvements made in the rear. On-site laundry is available (machines are owned). Property is walking distance to the Lemon Grove shopping plaza, a 108,000sf grocery anchored retail center that hosts tenants such as Albertsons, Walgreens, Starbucks and In-N-Out. 5 of the 12 units have already been renovated which means a substantially less budget needed for capital improvements.

  • Address 7125 Waite Drive
  • City La Mesa
  • State/county CA
  • Zip/Postal Code 91941

Details

Updated on October 1, 2020 at 8:32 am
  • Property ID: HZ200027246
  • Price: $3,200,000
  • Property Size: 10380 Sqft
  • Bedrooms: 8
  • Bathrooms: 4
  • Garage Size: x x
  • Property Type: Com-Res Income, Residential Income
  • Property Status: Expired

Additional details

  • Listing Terms: Assumable 1st,Cash,Exchange Down,Exchange Up
  • Roof: Composition
  • Cooling: Wall/Window
  • Heating: Wall
  • County: San Diego
  • Property Type: Residential Income
  • Parking: Spaces
  • Community Features: Other/Remarks
  • Agent Name: Aziz Zakkout
  • MLS Agent ID: 672912

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