property-detail

property-detail

property-detail

property-detail

property-detail

property-detail

7569 University Ave, La Mesa CA 91942 | $1,300,000

Status: Pending
  • 0 bedrooms
  • 0 bathrooms
  • 0 Sq Ft
  • 8591 Lot Sq Ft
  • Type: Com-Res Income
  • Stories: 0
  • Year Built:
  • MLS#: 200012245
  • Community: East County

Listing provided courtesy of Geno Rodriguez of Safe Harbor Money Management. Last updated 2020-05-27 09:20:39.000000. Listing information © 2020 Sandicor.

7565 and 7569 -71 University Ave is a mixed use property located in the City of La Mesa. Property consists of two adjacent parcels that have received a parcel map waiver (PMW) to combine two previous lots into one lot. The property currently consists of a four unit apartment complex (2bd/1bath), three commercial units with easy frontage access, and an SFR (2bd/1bath). In the apartment complex, one unit is recently renovated with a tenant, one is nearly complete and the other two are prepped for renovation, but not habitable. One commercial unit is rented and the other two only need modest renovation to re-lease. The SFR also needs some modest renovation to re-lease. With the PMW, a buyer can develop the property into a more robust multi-family property. Tenants will have easy access to transit lines, the 8 freeway and Route 125.

More Details

0.2 Acres
Number of Units: 5
Price Per Unit: 260000
SqFt of Improvement: 4564

Call or Text: 619-568-2600

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