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Key Details
Sold Price $1,950,000
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 190056106
Sold Date 02/04/20
HOA Y/N No
Property Description
We are pleased to present the Fairview & Lemon Apartments, a 7-Unit rental community that presents real estate investors the opportunity to acquire a rare asset in the heart of La Mesa, California. Nestled along the hillside, the subject property rests on a 8,709 square foot lot stretching across from Fairview Avenue to Lemon Avenue. Built in 1955, the property is highly desirable due to it's attractive unit mix consisting of four (4) large Two-Bedroom/One-Bathroom units and three (3) large One-Bedroom/One-Bathroom units totaling approximately 5,885 rentable square footage. Residentials enjoy the ample amount of off-street parking, on-site laundry facility, large private balconies, and the quiet residential neighborhood. Just steps from the Village of La Mesa, and a few miles to San Diego State University, the Fairview & Lemon Apartments is perfect for the long-term investor seeking a pride of ownership asset within the high-demand rental market of La Mesa Exterior: ,,
Location
State CA
County San Diego
Area 91941 - La Mesa
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Fireplace No
Exterior
Roof Type Composition
Others
Tax ID 4703921800
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Financing Cash to New Loan
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Bought with Chris Robinson • Acre Investment Real Estate