42
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$4,150,000
Est. payment /mo
0.44 Acres Lot
Active
7425 Waite Dr La Mesa, CA 91941
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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! Lowest GRM in the area (11.96) and highest cap rate of comparable active listings (5.18%). This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, and strong rental upside potential. 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. Link to Offering Memorandum: https://proposal.aciapartments.com/cover.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs A great park 2.82 acre park is going in across the street on Waite Drive: https://www.cityoflamesa.us/1693/Future-Park-at-Waite-Drive
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 $346,978
Special Listing Condition Call Agent
Virtual Tour https://www.propertypanorama.com/instaview/snd/250020927
Listed by Christina M Labowicz • ACI Apartments