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- LoopNet Team
4779 71st St
La Mesa, CA 91942
Brand New Duplex Development · Multifamily Property For Sale
·
2 Units

PROPERTY FACTS
ABOUT 4779 71ST ST , LA MESA, CA 91942
Advani Real Estate Group of Compass, is proud to present a truly one of a kind asset, that is comprised of 4 bedroom, 3 bathroom, single family home; a 2 bedroom, 1 bath apartment with massive rooftop deck, and 4 car garage with 18’ ceiling height. The newly developed property was designed after a modern day firehouse and has 15’ tall garage doors that open on both sides of the garage, epoxy flooring and plenty of natural light. While not only uniquely designed, the home and apartment are very well designed with generous living spaces, large kitchens and areas to entertain both indoors and outdoors. Investment Highlights The Firehouse provides a rare opportunity of being situated in a growth market with its’ close proximity to San Diego State University, known as College Area. Housing in this area is expensive to rent and rents are driven by the growth of the campus and lack of residential development. Growth in this area is imminent as the property also sits blocks away from El Cajon Blvd (ECB) whose trajectory for growth is also very impressive. While the area is seeing an increase in population, the zoning is predominantly residential where the economics of developing similar assets are impractical to impossible, thereby creating a short supply of residential housing.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 4+3 | 1 | $3,600 | 2,400 |
| 2+1 | 1 | $2,800 | 1,150 |
PROPERTY TAXES
| Parcel Number | 469-242-23 | Improvements Assessment | $641,967 |
| Land Assessment | $546,820 | Total Assessment | $1,188,787 |
PROPERTY TAXES
Listing ID: 17393455
Date on Market: 10/8/2019
Last Updated:
Address: 4779 71st St, La Mesa, CA 91942
The Multifamily Property at 4779 71st St, La Mesa, CA 91942 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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