Contacts
Kidder Mathews
Kidder Mathews
Kidder Mathews
Property Details
- Property Type Multi-Family
- Property Size 15,128 SF
- Units 22
- Lot Size 0.48 Acre
- Cap Rate % 5.4
- Year Built 1957
- Date Updated Nov 5, 2026
The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1 bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket.
Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset.
The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond.
Reach out to the broker for more info on lease terms and amenities
Getting around
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84/100
Walk Score ®
-
45/100
Transit Score ®
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51/100
Bike Score ®
Location
- City La Mesa, CA
- Zip Code 91941
- Market San Diego
Points of Interest
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Grossmont
0.72 miles
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Amaya Drive
0.87 miles
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La Mesa Boulevard
1.09 miles
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70th Street
2.18 miles
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Arnele Avenue
2.74 miles
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Uber / Lyft Driver Drop Off
3.73 miles
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SDSU Transit Center
3.84 miles
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Massachusetts Avenue
3.99 miles
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Grantville
5.43 miles
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Mission San Diego
6.22 miles
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76
0.03 miles
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Chevron
0.68 miles
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La Mesa Supercharger
0.76 miles
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Arco
0.96 miles
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Costco Gasoline
0.99 miles
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Shell
1.31 miles
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Emerald Oil
1.78 miles
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USA Gasoline
1.90 miles
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Express Gasoline
1.93 miles
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ChargePoint
2.82 miles
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Grossmont Blvd Park & Ride
0.19 miles
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Murray Drive Park & Ride
0.32 miles
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Fuerte Drive Park And Ride
0.55 miles
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Severin Drive Park And Ride
0.66 miles
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Kaiser Permanente Parking Garage
1.18 miles
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El Cajon Transit Center Parking
2.18 miles
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Lemon Grove / High St Park And Ride
2.39 miles
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Navajo Road Park And Ride
2.47 miles
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Parking lot
2.54 miles
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AGUA DULCE BLVD Park And Ride
2.61 miles
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National 9 Inn
0.82 miles
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Best Western Plus La Mesa San Diego
0.89 miles
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Holiday Inn San Diego - La Mesa
1.25 miles
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La Mesa Lodge
1.26 miles
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Rodeway Inn & Suites El Cajon San Diego East
1.33 miles
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Heritage Inn La Mesa CA Motel
1.36 miles
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Lodge Of La Mesa;
1.48 miles
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Motel 6 La Mesa, CA - San Diego
1.67 miles
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Days Inn
1.87 miles
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Villa Serena Motel
1.93 miles
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Walmart Neighborhood Market
0.24 miles
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Ross
0.28 miles
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American Freight
0.31 miles
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Walmart
0.42 miles
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Trader Joe's
0.42 miles
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Macy's
0.54 miles
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Target
0.65 miles
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Frasier Farms
0.78 miles
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Albertsons
0.91 miles
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Vine Ripe Market
0.91 miles