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7425 Waite Dr
La Mesa, CA 91941
La Mesa Gardens · Multifamily Property For Sale
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12 Units
Investment Highlights
- All 2-Bedroom Townhome Units – 12 spacious 2BR units, ideal for attracting long-term tenants.
- Attractive Pricing – Priced below active and sold comparables on a per unit and per SF basis
- 100% 2 bedroom 1.5 Bath - Great for ease of management
- Strong Financials – 5.49% CAP and 11.83 GRM outperform market averages.
- Turnkey Investment – Stable income, clean layout, and minimal deferred maintenance
- OM Located in "LINK" Section Below
Property Facts
| No. Units | 12 | Lot Size | 0.41 AC |
| Property Type | Multifamily | Building Size | 10,150 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built | 1973 |
| Building Class | C | Parking Ratio | 1.77/1,000 SF |
| Zoning | R-3 - Restricted Multiple | ||
| No. Units | 12 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.41 AC |
| Building Size | 10,150 SF |
| No. Stories | 2 |
| Year Built | 1973 |
| Parking Ratio | 1.77/1,000 SF |
| Zoning | R-3 - Restricted Multiple |
Amenities
Unit Amenities
- Balcony
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 2+1.5 | 12 | - | - |
Property Taxes
| Parcel Number | 474-650-11 | Improvements Assessment | $1,016,675 |
| Land Assessment | $637,745 | Total Assessment | $1,654,420 |
Property Taxes
Parcel Number
474-650-11
Land Assessment
$637,745
Improvements Assessment
$1,016,675
Total Assessment
$1,654,420
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