Investmentrealtysd.com Search Results

$7,500,000

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.

34 Beds ⋅ 22 Baths ⋅ 260016931 MLS ⋅ ACTIVE Status

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.

8969 Grossmont Blvd, La Mesa

$8,750,000

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

72 Beds ⋅ 48 Baths ⋅ 260012789 MLS ⋅ ACTIVE Status

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

8694 Lemon Ave, La Mesa

$3,960,000

Waite Townhomes, located at 7125 Waite Drive in La Mesa, California, is a well-positioned twelve-unit townhome community offering a rare and highly desirable all–two-bedroom, one-and-a-half-bath floor plan configuration. The property consists of two six-unit buildings situated on a 21,104 square foot (±0.48-acre) lot, with twenty-six parking spaces arranged in thirteen tandem stalls, providing ample on-site parking for residents. Each townhome measures approximately 865 square feet and features a private rear patio, creating a more residential, single-family feel that appeals to long-term tenants and families seeking space, privacy, and outdoor living. The townhome-style layout, combined with uniform unit mix and generous square footage, supports stable tenancy and reduced turnover compared to traditional apartment product. Originally constructed in 1972, Waite Townhomes has been well maintained and thoughtfully improved, with eleven of the twelve units renovated to include upgraded interiors. Significant recent capital investment enhances the property’s long-term durability and operating efficiency, including a new roof installed in 2021, replacement of all windows and sliding glass doors in 2022, and over $300,000 in capital expenditures completed in 2025.

260002628 MLS ⋅ ACTIVE Status

Waite Townhomes, located at 7125 Waite Drive in La Mesa, California, is a well-positioned twelve-unit townhome community offering a rare and highly desirable all–two-bedroom, one-and-a-half-bath floor plan configuration. The property consists of two six-unit buildings situated on a 21,104 square foot (±0.48-acre) lot, with twenty-six parking spaces arranged in thirteen tandem stalls, providing ample on-site parking for residents. Each townhome measures approximately 865 square feet and features a private rear patio, creating a more residential, single-family feel that appeals to long-term tenants and families seeking space, privacy, and outdoor living. The townhome-style layout, combined with uniform unit mix and generous square footage, supports stable tenancy and reduced turnover compared to traditional apartment product. Originally constructed in 1972, Waite Townhomes has been well maintained and thoughtfully improved, with eleven of the twelve units renovated to include upgraded interiors. Significant recent capital investment enhances the property’s long-term durability and operating efficiency, including a new roof installed in 2021, replacement of all windows and sliding glass doors in 2022, and over $300,000 in capital expenditures completed in 2025.

7125 Waite Dr, La Mesa

$5,900,000

We proudly present 8870-78 La Mesa Blvd, part of the Fite Plaza / Bel Arms ensemble, a fully leased, income-producing, mixed-use property with immediate cash flow, and significant value-add or redevelopment upside. The asset combines a 5-tenant retail building (11,120 SF) with a 10-unit apartment complex, all on 0.86 acres in one of East County’s most accessible and desirable locations. The retail component generates stable cash flow from a diversified tenant roster, while the multifamily component offers upside through normalization of rents, interior upgrades, or repositioning. Because of the site’s compact footprint and location near major freeways and community amenities, a creative owner could explore infill or densification strategies. With limited new ground available in this submarket, this property represents a compelling opportunity to acquire a multi-layered real estate play in La Mesa.

14 Beds ⋅ 10 Baths ⋅ 250043888 MLS ⋅ ACTIVE Status

We proudly present 8870-78 La Mesa Blvd, part of the Fite Plaza / Bel Arms ensemble, a fully leased, income-producing, mixed-use property with immediate cash flow, and significant value-add or redevelopment upside. The asset combines a 5-tenant retail building (11,120 SF) with a 10-unit apartment complex, all on 0.86 acres in one of East County’s most accessible and desirable locations. The retail component generates stable cash flow from a diversified tenant roster, while the multifamily component offers upside through normalization of rents, interior upgrades, or repositioning. Because of the site’s compact footprint and location near major freeways and community amenities, a creative owner could explore infill or densification strategies. With limited new ground available in this submarket, this property represents a compelling opportunity to acquire a multi-layered real estate play in La Mesa.

8870-78 La Mesa Blvd, La Mesa

$3,400,000

Las Casitas Apartments is a well located asset with a unit mix of two (2) one-bedroom, one-bath units with lofts and 14 studio apartment homes with common laundry facilities and landscaped grounds. The subject has ample parking including eight (8) surface spaces and 12 garages. This offering is a true value-add with potential to achieve substantially higher rents. Located just two blocks from University Avenue—La Mesa’s primary east–west thoroughfare—this property offers unmatched access to one of the region’s most dynamic commercial corridors. Stretching from Hillcrest and North Park into the heart of East County, University Avenue is lined with an eclectic mix of retail shops, restaurants, offices, grocery stores, and green spaces. Close by is the vibrant La Mesa Village, offering boutique shops, coffee, dining, live music venues like Space Bar, and breweries including Helix Brewing Co. Public transportation is also readily accessible, with the Orange Line trolley just a short walk away at La Mesa Boulevard Station—providing seamless, traffic-free connections to Downtown San Diego, SDSU, Mission Valley, UTC, and beyond.

1 Beds ⋅ 3 Baths ⋅ 250036775 MLS ⋅ CLOSED Status

Las Casitas Apartments is a well located asset with a unit mix of two (2) one-bedroom, one-bath units with lofts and 14 studio apartment homes with common laundry facilities and landscaped grounds. The subject has ample parking including eight (8) surface spaces and 12 garages. This offering is a true value-add with potential to achieve substantially higher rents. Located just two blocks from University Avenue—La Mesa’s primary east–west thoroughfare—this property offers unmatched access to one of the region’s most dynamic commercial corridors. Stretching from Hillcrest and North Park into the heart of East County, University Avenue is lined with an eclectic mix of retail shops, restaurants, offices, grocery stores, and green spaces. Close by is the vibrant La Mesa Village, offering boutique shops, coffee, dining, live music venues like Space Bar, and breweries including Helix Brewing Co. Public transportation is also readily accessible, with the Orange Line trolley just a short walk away at La Mesa Boulevard Station—providing seamless, traffic-free connections to Downtown San Diego, SDSU, Mission Valley, UTC, and beyond.

7630 Normal, La Mesa

$3,700,000

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

2 Beds ⋅ 1 Baths ⋅ 250020927 MLS ⋅ CLOSED Status

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

7425 Waite Dr, La Mesa

$5,350,000

Discover an unparalleled opportunity in Mt. Helix with this expansive 2.41-acre estate, comprising a 5,872-sq-ft Santa Barbarainspired main residence, a 2,428-sq-ft meticulously remodeled casita and a separate 0.77-acre ready-to-build vacant lot. The main residence blends architectural elegance with resort-style amenities, featuring interconnected octagonal structures and a dramatic tower room offering 360 panoramic views. Formal and casual living areas complement a chefs kitchen and a primary suite that opens to a wraparound terrace. An executive office adds functionality, while the lower level includes versatile bedrooms, auxiliary flex rooms, and a gym/storage space. Outdoors, botanical gardens with over 100 rose varieties, four tranquil fountains, and diverse specimen trees create a serene setting. Multiple pools and spas, including an elevated spa with sweeping views to the east, south, and westencompassing Downtown San Diego and Point Lomaprovide relaxation, while expansive terraces and a fully equipped outdoor kitchen enhance alfresco dining experiences. Centrally located between the pools, a two-story pool house features multiple bathrooms, a rejuvenating sauna, and the Las Brisas guest retreat with a detached gym/yoga studio and direct spa access. The casita, extensively renovated in 2018, offers a chefs kitchen, hardwood floors, exposed wood beam ceilings, and a separate downstairs studio with a full bath and kitchenette. Completing this exceptional estate is a generous buildable lot equipped with a private water well currently used for irrigation, offering sustai Discover an unparalleled opportunity in Mt. Helix with this expansive 2.41-acre estate, comprising a 5,872-sq-ft Santa Barbarainspired main residence, a 2,428-sq-ft meticulously remodeled casita and a separate 0.77-acre ready-to-build vacant lot. The main residence blends architectural elegance with resort-style amenities, featuring interconnected octagonal structures and a dramatic tower room offering 360 panoramic views. Formal and casual living areas complement a chefs kitchen and a primary suite that opens to a wraparound terrace. An executive office adds functionality, while the lower level includes versatile bedrooms, auxiliary flex rooms, and a gym/storage space. Outdoors, botanical gardens with over 100 rose varieties, four tranquil fountains, and diverse specimen trees create a serene setting. Multiple pools and spas, including an elevated spa with sweeping views to the east, south, and westencompassing Downtown San Diego and Point Lomaprovide relaxation, while expansive terraces and a fully equipped outdoor kitchen enhance alfresco dining experiences. Centrally located between the pools, a two-story pool house features multiple bathrooms, a rejuvenating sauna, and the Las Brisas guest retreat with a detached gym/yoga studio and direct spa access. The casita, extensively renovated in 2018, offers a chefs kitchen, hardwood floors, exposed wood beam ceilings, and a separate downstairs studio with a full bath and kitchenette. Completing this exceptional estate is a generous buildable lot equipped with a private water well currently used for irrigation, offering sustainable landscaping and potential for future development or added privacy. This estate masterfully combines architectural elegance, luxurious amenities, and breathtaking views, offering a one-of-a-kind living experience in the prestigious Mt. Helix community.

10 Beds ⋅ 10 Baths ⋅ PTP2504023 MLS ⋅ ACTIVE Status

Discover an unparalleled opportunity in Mt. Helix with this expansive 2.41-acre estate, comprising a 5,872-sq-ft Santa Barbarainspired main residence, a 2,428-sq-ft meticulously remodeled casita and a separate 0.77-acre ready-to-build vacant lot. The main residence blends architectural elegance with resort-style amenities, featuring interconnected octagonal structures and a dramatic tower room offering 360 panoramic views. Formal and casual living areas complement a chefs kitchen and a primary suite that opens to a wraparound terrace. An executive office adds functionality, while the lower level includes versatile bedrooms, auxiliary flex rooms, and a gym/storage space. Outdoors, botanical gardens with over 100 rose varieties, four tranquil fountains, and diverse specimen trees create a serene setting. Multiple pools and spas, including an elevated spa with sweeping views to the east, south, and westencompassing Downtown San Diego and Point Lomaprovide relaxation, while expansive terraces and a fully equipped outdoor kitchen enhance alfresco dining experiences. Centrally located between the pools, a two-story pool house features multiple bathrooms, a rejuvenating sauna, and the Las Brisas guest retreat with a detached gym/yoga studio and direct spa access. The casita, extensively renovated in 2018, offers a chefs kitchen, hardwood floors, exposed wood beam ceilings, and a separate downstairs studio with a full bath and kitchenette. Completing this exceptional estate is a generous buildable lot equipped with a private water well currently used for irrigation, offering sustai Discover an unparalleled opportunity in Mt. Helix with this expansive 2.41-acre estate, comprising a 5,872-sq-ft Santa Barbarainspired main residence, a 2,428-sq-ft meticulously remodeled casita and a separate 0.77-acre ready-to-build vacant lot. The main residence blends architectural elegance with resort-style amenities, featuring interconnected octagonal structures and a dramatic tower room offering 360 panoramic views. Formal and casual living areas complement a chefs kitchen and a primary suite that opens to a wraparound terrace. An executive office adds functionality, while the lower level includes versatile bedrooms, auxiliary flex rooms, and a gym/storage space. Outdoors, botanical gardens with over 100 rose varieties, four tranquil fountains, and diverse specimen trees create a serene setting. Multiple pools and spas, including an elevated spa with sweeping views to the east, south, and westencompassing Downtown San Diego and Point Lomaprovide relaxation, while expansive terraces and a fully equipped outdoor kitchen enhance alfresco dining experiences. Centrally located between the pools, a two-story pool house features multiple bathrooms, a rejuvenating sauna, and the Las Brisas guest retreat with a detached gym/yoga studio and direct spa access. The casita, extensively renovated in 2018, offers a chefs kitchen, hardwood floors, exposed wood beam ceilings, and a separate downstairs studio with a full bath and kitchenette. Completing this exceptional estate is a generous buildable lot equipped with a private water well currently used for irrigation, offering sustainable landscaping and potential for future development or added privacy. This estate masterfully combines architectural elegance, luxurious amenities, and breathtaking views, offering a one-of-a-kind living experience in the prestigious Mt. Helix community.

4652 Resmar Rd, La Mesa