La Mesa, CA 91941,7425 Waite Dr
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La Mesa, CA 91941,7425 Waite Dr
La Mesa, CA 91941,7425 Waite Dr
La Mesa, CA 91941,7425 Waite Dr
La Mesa, CA 91941,7425 Waite Dr
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Nicole Darwin

Nicole Darwin

Engel & Völkers

+1(707) 330-4357
$ 4,150,000
Est. payment /mo
Active

7425 Waite Dr La Mesa, CA 91941


UPDATED:

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 250020927SD

HOA Y/N No

Lot Size 0.443 Acres

Property Sub-Type Mixed Use

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 91941 - La Mesa

Interior

Fireplace No

Exterior

Total Parking Spaces 18

Others

Tax ID 4746501100


California Regional MLS (CRMLS)
Listed by Christina Labowicz • Pellego, Inc.
agent

Nicole Darwin

Advisor

+1(707) 330-4357

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7425 Waite Dr