$5,750,000

  • COMMERCIAL-RES INCOME
  • ACTIVE
  • MLS# 180013747

Description

We are pleased to present La Mesa Villa, a well maintained 29-unit community located in La Mesa, California. Constructed in 1968, the two-story property with flat Mansard roof design, is positioned on 0.73 acres with a favorable mix of floorplans including 21 one-bedroom/one-bath units and 8 two-bedroom/one-bath units. Residents at La Mesa Villa enjoy the sparkling swimming pool, off-street parking, on-site laundry facility, and ample unit amenities. Residents also enjoy quick access to Interstate-8, the transit oriented neighborhood with many nearby public transportation options, and a “Very Walkable” location so that most errands can be accomplished on foot. La Mesa Villa apartments are centrally located northeast of downtown San Diego, just a 15-minute drive, and at the epicenter of major nearby employment.

Property Details

Property type:
Commercial-Res Income

Location

County:
San Diego

Additional Details

Number of Units:
29
Price Per Unit:
$198,276
Down Payment:
$2,185,000
Gross Equity:
$5,750,000
SqFt of Improvement:
18,148
Assessors Parcel #:
470-091-25-00

Unit Details

Unit 1
Number of Units:
21
Number of Bedrooms:
1
Number of Baths:
1
Unit 2
Number of Units:
8
Number of Bedrooms:
2
Number of Baths:
1

Listing provided by

Marcus & Millichap
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La Mesa

La Mesa is a mid-size city just a few miles east of the Pacific coastline with around 59,000 residents. The community offers a charming, all-American feel with an Antique Street Fair, “Back to the 50s” car show, Oktoberfest, Flag Day parade and Christmas in the Village. Two school districts oversee public schools in the area, including a charter high school, and there are also... Read More

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Presented By
Emaluisa B.
Serhan

DRE# 02040623

619.823.3444

Email Me
Presented By
Emaluisa B.
Serhan

DRE# 02040623

619.823.3444

Email Me

Willis Allen Real EstateThis information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by Sandicor®. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2018 Sandicor®, Inc.