8494-98 Hillcrest Ave, La Mesa, CA 91941

$815,000
2
BD
3
BA

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Sold Price
$815,000
List Price
$1,029,000
Closing Date
Jan 21, 2025
Status
CLOSED
MLS#
240028258
Bedrooms
2
Bathrooms
3
City
La Mesa
Neighborhood
La Mesa
School District
La Mesa Spring Valley School Dis
Complex/Building Name
La Mesa
Property Type
Multifamily
Year Built
1948

Property Description

This is a unique opportunity in La Mesa, offering two 1-bedroom, 1-bath units and a studio apartment. Located on a prime corner lot, this property provides potential rental income. Key features include a new roof installed in 2023 and upgraded sub-panels in 2022. However, the property also has deferred maintenance, which is an opportunity for improvement or investment. The location is highly desirable, being close to major highways such as I-8, SR 94, and SR 125, and only a short distance from SDSU (San Diego State University). The property is near Collier and MacArthur Park, making it ideal for enjoying outdoor activities. Additionally, it offers easy walking access to dining options, a coffee shop, the Farmers Market, and various village events throughout the year. With a great combination of rental potential and an unbeatable location, this property is perfect for someone looking to invest in a classic La Mesa property with some room for renovation.

Additional Information

Building Name
La Mesa
Cooling
None
Heating
Gravity
Neighborhood
La Mesa
Pets Allowed
Yes
Roof
Composition
School District
Grossmont Union High School Dist
Year Built
1948

Mortgage Calculator

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Andrea Flint-Gogek (619-992-8793) from Listing Office: Tranquility Real Estate Svcs..

Selling Office: LPT Realty,Inc.

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