7425 Waite Dr Active

La Mesa,CA 91941

$ 4099000

- Bed

- Bath

- SqFt


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

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