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7425 Waite Dr La Mesa, CA 91941
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Key Details
Sold Price $3,700,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250020927SD
Sold Date 08/06/25
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! 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 91941 - La Mesa
Interior
Fireplace No
Exterior
Total Parking Spaces 18
Others
Tax ID 4746501100
Financing Other
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Bought with Dave Plutner DP Properties
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