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

PROPERTY FACTS

No. Units 2
Property Type Multifamily
Property Subtype
Apartment
  • Multifamily Dormitory
Apartment Style Garden
Lot Size 0.24 AC
Building Size 4,290 SF
No. Stories 3
Year Built 2019
Parking Ratio 0.93/1,000 SF
Zoning R1 - Single Family + ADU

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

PROPERTY TAXES

Parcel Number
469-242-23
Land Assessment
$546,820
Improvements Assessment
$641,967
Total Assessment
$1,188,787
  • Listing ID: 17393455

  • Date on Market: 10/8/2019

  • Last Updated:

  • Address: 4779 71st St, La Mesa, CA 91942

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