7630 Normal Ave - Apartments FOR SALE


La Mesa, CA 91941
$3,500,000 USD
858-369-3084
7630 Normal Ave, La Mesa, CA for Sale
$3,500,000 USD
Apartments - FOR SALE
1/5
null | 5.06% Cap Rate

7630 Normal Ave
La Mesa, CA 91941


HIGHLIGHTS

  • In-place rents are below market.
  • One mile to the La Mesa Trolley Station and convenient freeway access to the I-8 and State Route 125.
  • Close to La Mesa Village
  • All units have private balconies or patios

OVERVIEW

Las Casitas Apartments offers prime positioning and strong value-add potential, with the opportunity to achieve significantly higher rents. Situated just two blocks from University Avenue—La Mesa’s main east–west corridor—and minutes from the village and nearest trolley station.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$350 USD /SF

# OF UNITS

16

PRICE/UNIT

$218,750

CAP RATE

5.06%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Las Casitas

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1977

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.33 AC

LAND SF

14,401 SF

ZONING

R1-GD8, La Mesa

APN/PARCEL ID

475-080-07

ASK ABOUT THIS PROPERTY

Eric ComerKidder MathewsMore Info
858-369-3084

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Eric ComerKidder MathewsMore Info
858-369-3084

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.