8694 Lemon Ave, La Mesa, CA 91941

$8,950,000
72
BD
48
BA
26,206
SqFt

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List Price
$8,950,000
Status
ACTIVE
MLS#
260012789
Bedrooms
72
Bathrooms
48
Living Sq. Ft
26,206
Property Type
Multifamily

Property Description

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.

Additional Information

Cooling
Central Air
Living Area
26,206
Stories
2

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: Eric D Comer (858-369-3084) from Listing Office: Eric D. Comer, Broker.

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