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Tamra Frost

[email protected] +1(619) 890-7688

$7,500,000

Est. payment - /mo

34 Beds

22 Baths

15,128 SqFt

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 15,128 sqft

Price per Sqft $495

MLS Listing ID 260016931

Bedrooms 34

Full Baths 22

Property Sub-Type Com-Res Income

Property Description

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. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

Location

State CA

County San Diego

Area East County

Interior

Heating Wall

Cooling Wall/Window

Fireplace No

Laundry Owned

Exterior

View Y/N No

Roof Type Composition

Building

Dwelling Type Apartment

Story 2

Others

Senior Community No

Tax ID 494-840-11-00

Virtual Tour https://www.propertypanorama.com/instaview/snd/260016931

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Listed by Eric D Comer, DRE#00842230 Eric D. Comer, Broker

Nearby School & Business

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Tamra Frost

+1(619) 890-7688

Agent | CA BRE #01870290

Agent CA BRE #01870290

San Diego Communities

8969 Grossmont Blvd La Mesa, CA 91941

Tamra Frost

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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