$ 2,495,000
4645 Palm Ave La Mesa, CA 91941
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$ 2,495,000
Est. payment | /mo
$ 2,495,000
Est. payment | /mo
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 240017065SD
HOA Y/N No
Property Description
PRICE REDUCED!!! La Palmilla Apartments is a well located asset with a desirable unit mix of three (3) one-bedroom and five (5) two-bedroom apartment homes with ample parking, common laundry facilities, additional storage and secured entry. The offering is a true value-add opportunity with the option of upgrading unit interiors and the building exterior to achieve substantially higher rents. Seller is purchasing upleg and will either close 4645 Palm Avenue as the downleg in an exchange or if necessary effect a reverse exchange. Located in La Mesa's charming historical village with a walk score of 93, the neighborhood is a walker's paradise with a plethora of trendy restaurants, coffee shops, bars and shops along La Mesa Blvd (1.5 blocks from the property). Sprout's Farmers Market is located directly across the street. Residents are also walking distance (0.3 miles) to the nearest Trolley Stop, which is served by the Orange Line and provides traffic free commutes to destinations including Downtown San Diego, SDSU, Mission Valley, UTC and the San Ysidro border.
Location
State CA
County San Diego
Area 91941 - La Mesa
Interior
Heating Radiant
Cooling Wall/Window Unit(s)
Fireplace No
Others
Tax ID 4944420700
Listed by Eric Comer • Eric D. Comer, Broker
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Kelly McLaughlin
REALTOR® | Lic# 01475708