Listing provided courtesy of Geno Rodriguez of Safe Harbor Money Management. Last updated 2020-05-27 09:20:39.000000. Listing information © 2020 Client MLS.
Asking Price: $1,300,000
7569 University Ave, La Mesa CA 91942
Community: East County
This Com-Res Income property was built in and is priced at $1,300,000. Please see the additional details below.
- 0 Sq Ft
- 0 bathrooms
- 0 bedrooms
- MLS#: 200012245
- Type: Com-Res Income
- Year Built:
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.
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