Property Detail

Description

Well-positioned 10 unit asset offering strong in-place income with rental upside in one of East County’s most desirable rental markets. The property features a balanced unit mix of four studios, four 1BRs, and two 2BR units. Tenants enjoy on-site laundry and a covered parking space for each unit. Recent Capital Improvements include new roof (2024), new stairs and catwalks (SB721 compliant), and new electrical. La Mesa offers buyers the ideal combination of stable suburban demand and proximity to major San Diego employment hubs. The 91941 area attracts professionals, families, and long-term residents drawn to its walkable village atmosphere, nearby parks and recreation, and convenient freeway access. With strong household incomes, balanced renter demand, and limited new multifamily supply, this pocket of La Mesa provides durable occupancy, consistent rent performance, and long-term appreciation potential, making it a compelling, lower-volatility alternative to higher-priced coastal submarkets.