7425 Waite Dr
la mesa, CA 91941$4,099,000
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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
Details
0.4426 Private Acres Exterior Space
Commercial
MLS/Listing ID 250020927SD
12 Units
Listing Courtesy of ACI APARTMENTS, CHRISTINA LABOWICZ - 858-876-5701
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE
real time insights for 91941
Data sourced from Housing Wire's Altos Research
40
Median days on market
down 34.8% over last 90 days
38
Inventory
up 13% over last 90 days
$555
Price per sf.
up 2.5% over last 90 days
