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- LoopNet Team
7125 Waite Dr
La Mesa, CA 91941
Multifamily Property For Sale
·
12 Units
INVESTMENT HIGHLIGHTS
- Town-home Units.
- In-place 5.29% CAP with room for Growth.
- 1 mile to Trolley Station | .25 miles from Grocery/Pharm. anchored retail center.
- 1/2 Point Assumption Fee | 75% LTV Offered.
- Private patios in rear of unit | In-wall AC.
- On-site Laundry | 13 Tandem Parking Spaces.
PROPERTY FACTS
| No. Units | 12 | Building Size | 10,380 SF |
| Property Type | Multifamily | Average Occupancy | 100% |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1972 |
| Building Class | C | Parking Ratio | 2.6/1,000 SF |
| Lot Size | 0.49 AC | ||
| Zoning | R-4 | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.49 AC |
| Building Size | 10,380 SF |
| Average Occupancy | 100% |
| No. Stories | 2 |
| Year Built | 1972 |
| Parking Ratio | 2.6/1,000 SF |
| Zoning | R-4 |
AMENITIES
UNIT AMENITIES
- Air Conditioning
- Patio
ABOUT 7125 WAITE DR , LA MESA, CA 91941
Property situated on .48 Acres. All units are 2 bedroom, 1.5 baths and approximately 865sf. There are 13 tandem spaces that can support up to 26 vehicles. Property is located just north of State Route 94 and is part of the incorporated City of La Mesa. The units are split into two buildings (6 units each). The Laundry facility is housed between the two buildings in it's own enclosure. The machines are owned. 5 of the 12 units have been rehabbed. The remaining have tenants from previous owner. Most of these tenants are subsidized. Please call agent for more details.
UNIT MIX INFORMATION
| DESCRIPTION | NO. UNITS | AVG. RENT/MO | SF |
|---|---|---|---|
| 2+1 | 12 | $1,775 | 865 |
PROPERTY TAXES
| Parcel Number | 474-570-03 | Improvements Assessment | $1,634,472 |
| Land Assessment | $1,623,648 | Total Assessment | $3,258,120 |
PROPERTY TAXES
