4210 Spring St | La Mesa, CA 91941
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4210 Spring St
La Mesa, CA 91941
Rising Sun Apartments · Multifamily Property For Sale
·
48 Units
INVESTMENT HIGHLIGHTS
- Zero Market-Rate Units Under Construction in La Mesa
- La Mesa's Average Household Income of $140K (21% rent-to-income) Implies the Ability to Absorb Future Rent Growth
- La Mesa Has Experienced Rent Growth 4x San Diego's Average YoY Rent Growth
- Last 2-Bedroom Effective Lease Tradeout of 18.3%
PROPERTY FACTS
| No. Units | 48 | Lot Size | 0.79 AC |
| Property Type | Multifamily | Building Size | 56,350 SF |
| Property Subtype | Apartment | Average Occupancy | 92% |
| Apartment Style | Mid-Rise | No. Stories | 4 |
| Building Class | B | Year Built | 2024 |
| Zoning | CN | ||
| No. Units | 48 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Mid-Rise |
| Building Class | B |
| Lot Size | 0.79 AC |
| Building Size | 56,350 SF |
| Average Occupancy | 92% |
| No. Stories | 4 |
| Year Built | 2024 |
| Zoning | CN |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Balcony
- Washer/Dryer Hookup
- Hardwood Floors
- Refrigerator
- Stainless Steel Appliances
SITE AMENITIES
- Smoke Free
- Lounge
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 1+1 | 42 | - | 604 - 707 |
| 2+2 | 6 | - | 1,248 |
PROPERTY TAXES
| Parcel Number | 499-030-67 | Improvements Assessment | $0 |
| Land Assessment | $1,640,468 | Total Assessment | $1,640,468 |
PROPERTY TAXES
Parcel Number
499-030-67
Land Assessment
$1,640,468
Improvements Assessment
$0
Total Assessment
$1,640,468
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