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4604-46122 Acacia

La Mesa, CA 91941
  • $5,500,000 - $5,800,000
  • STATUS: ACTIVE
  • ON SITE: 106 Days
  • ID#: 230015813
UPDATED: 24 min ago
$5,500,000 - $5,800,000
  • 3
    BEDS
  • N/A
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Multi-Family
County:

School Ratings & Info

Description

Welcome to this exceptional 14 unit investment property nestled in the heart of La Mesa, just one block away from the vibrant Downtown La Mesa area. This impressive property is comprised of four buildings situated on three spacious lots. With its desirable unit mix of two 1 bedroom 1 bathroom units and twelve 2 bedroom 2 bathroom units this property is a must-see for savvy investors seeking to add a promising asset to their portfolio. Enjoy the benefits of recent property upgrades, including newer vinyl dual-pane windows installed approximately 4 years ago, enhancing energy efficiency and providing a quieter living experience for tenants. Each unit is equipped with window-mounted AC units and all electrical panels were upgraded a decade ago, providing enhanced safety and reliability. Plumbing has been changed to ABS throughout the building. Property contains permitted management office. La Mesa's desirable location makes this property even more appealing. Residents can easily explore an array of restaurants, cafes, boutiques, and entertainment options. The area's walkability and access to public transportation further add to the convenience of living here. Don't miss out on this fantastic chance to own a well-maintained pride of ownership property in the heart of La Mesa

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San Diego MLS logo This 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 San Diego MLS. 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
www.gellens.com/homes/142425684
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4604-46122 Acacia La Mesa, CA 91941

  • Price: $5,500,000 - $5,800,000
  • Status: ACTIVE
  • On Site: 106 Days
  • Updated: 24 min ago
  • ID#: 230015813
3
Beds
2
Baths
0
½ Baths
N/A
Acres
Neighborhood:
La Mesa (91941)
County:
San Diego
Area:
La Mesa (91941)
Property Description
Welcome to this exceptional 14 unit investment property nestled in the heart of La Mesa, just one block away from the vibrant Downtown La Mesa area. This impressive property is comprised of four buildings situated on three spacious lots. With its desirable unit mix of two 1 bedroom 1 bathroom units and twelve 2 bedroom 2 bathroom units this property is a must-see for savvy investors seeking to add a promising asset to their portfolio. Enjoy the benefits of recent property upgrades, including newer vinyl dual-pane windows installed approximately 4 years ago, enhancing energy efficiency and providing a quieter living experience for tenants. Each unit is equipped with window-mounted AC units and all electrical panels were upgraded a decade ago, providing enhanced safety and reliability. Plumbing has been changed to ABS throughout the building. Property contains permitted management office. La Mesa's desirable location makes this property even more appealing. Residents can easily explore an array of restaurants, cafes, boutiques, and entertainment options. The area's walkability and access to public transportation further add to the convenience of living here. Don't miss out on this fantastic chance to own a well-maintained pride of ownership property in the heart of La Mesa
Exterior Features

Exterior Fully Landscaped Parking Garages Roof Composition

Interior Features

Cooling Wall/Window Sq Ft Of Improvement 11000

Property Features

Actual Gross Scheduled Income 260160.0 Actual Operating Expense 68110 Assumable Finance 0 Buildings 4 Gross Equity 3500000 Gross Multiplier 22.29 Have 1 Mandatory Remarks None Known Mandatory Remarks For Value Range Pricing Seller Will Entertain Offers Between 5500000 - 5800000 Market Area East County Motive Want 1031 Projected Gross Scheduled Inc 448600 Unit Number1 12 Unit Number2 2

San Diego MLS logo Listing provided courtesy of Jeremy Dentt of Propr Real Estate Inc.: 858-472-0783. Listing information © 2023 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This 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 San Diego MLS. 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 © 2023 San Diego MLS, Inc. Licensed in the state of California.
 
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Maxine & Marti Gellens | Berkshire Hathaway HomeServices California Properties
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