$1,495,000
For Sale

7628 Saranac Avenue

La Mesa, CA 91942
0.44 acres | #NDP2406368
Listing OfficeWillis Allen Real Estate
Browse 20 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

Explore this prime La Mesa investment opportunity. This newly renovated 4-unit building on an extra large lot is an excellent wealth-building opportunity in a prime real estate asset. Designed to meet the needs of a bustling community and a thriving rental market. This building features contemporary construction and design, with interiors enhanced by upscale finishes such as quartz counters, stainless appliances and upgraded LVP flooring. Units are comprised of one 2bd/2ba, one 2bd/1ba, and two 1bd/1ba. Each residence has its own in-unit laundry and ductless A/C along with private outdoor living spaces. Off-street gated parking and OWNED solar. Units are leased at premium market rents to prime tenants, ensuring outstanding returns. Location is well situated, only 2 miles from SDSU and 1 mile from downtown La Mesa, providing easy access to to public transportation, entertainment and dining options. Live in one and rent out the others or rent out all four units and have a great return.

  • Property Details
      • Lot DescriptionNearPublicTransit, Yard
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • Original List Price$1,595,000
      • MLS #NDP2406368
      • MLS #NDP2406368
      • CountySan Diego
      • Cost1495000
      • Acres0.4444
      • Year Built1940
      • Stories2

Location

Gary ElminoufiReal Estate Group
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years

Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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