7425 Waite Dr, La Mesa, CA 91941

$3,700,000
2
BD
1
BA
10,150
SqFt

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Sold Price
$3,700,000
List Price
$4,099,000
Closing Date
Aug 06, 2025
Status
CLOSED
MLS#
250020927
Bedrooms
2
Bathrooms
1
Living Sq. Ft
10,150
City
La Mesa
Property Type
Multifamily

Property Description

An exceptional investment opportunity in the heart of La Mesa! Boasting the lowest GRM in the vicinity while also offering 17%+ additional upside in rent! This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, dual pane windows, upgraded flooring and new kitchen cabinets in many of the units. Ideally located with easy access to the 94 Freeway, this well-maintained asset is just minutes from shopping, dining, Home Depot, and the scenic Chollas Lake Park. See this link to the Offering memorandum: https://proposal.aciapartments.com/index.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs#page-4885515

Additional Information

Living Area
10,150
Stories
2
Parking Spaces
18

Mortgage Calculator

Amount of Loan
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Listing Agent: Christina M Labowicz (858-876-5701) from Listing Office: ACI Apartments.

Selling Office: DP Properties.

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