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8561 Mellmanor Dr
La Mesa, CA 91942
The Grossmont · Multifamily Property For Sale
·
27 Units
Investment Highlights
- Turn-key asset, newly renovated in 2018
- Stabilized rents provide shelter from rent control
- Walk Score of 74, considered “Very Walkable”
- Located in highly sought after La Mesa, north of I-8 in the heart of Grossmont
- The property is located less than a half mile from Sharp Grossmont Hospital, Grossmont Shopping Center, and Grossmont Transit Center
- Potential for additional upside by adding washer/dryer hookups and capturing loss to lease
Property Facts
| No. Units | 27 | Lot Size | 0.79 AC |
| Property Type | Multifamily | Building Size | 16,618 SF |
| Property Subtype | Apartment | No. Stories | 2 |
| Apartment Style | Low-Rise | Year Built/Renovated | 1964/2018 |
| Building Class | C | Parking Ratio | 1.8/1,000 SF |
| Zoning | C | ||
| No. Units | 27 |
| Property Type | Multifamily |
| Property Subtype | Apartment |
| Apartment Style | Low-Rise |
| Building Class | C |
| Lot Size | 0.79 AC |
| Building Size | 16,618 SF |
| No. Stories | 2 |
| Year Built/Renovated | 1964/2018 |
| Parking Ratio | 1.8/1,000 SF |
| Zoning | C |
Amenities
Unit Amenities
- Cable Ready
- Microwave
- Heating
- Ceiling Fans
- Kitchen
- Refrigerator
- Range
- Tub/Shower
- Dining Room
- Double Pane Windows
- Family Room
- Freezer
- Pantry
- Patio
- Vinyl Flooring
Site Amenities
- Laundry Facilities
- Pool
- Property Manager on Site
Unit Mix Information
| Description | No. Units | Avg. Rent/Mo | SF |
|---|---|---|---|
| 1+1 | 23 | - | 590 |
| 2+1 | 4 | - | 780 |
Property Taxes
| Parcel Number | 490-564-14 | Improvements Assessment | $3,174,231 |
| Land Assessment | $3,864,282 | Total Assessment | $7,038,513 |
Property Taxes
Parcel Number
490-564-14
Land Assessment
$3,864,282
Improvements Assessment
$3,174,231
Total Assessment
$7,038,513
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