9345 Monona Dr - Assisted Livings FOR SALE


La Mesa, CA 91942
$1,495,000 USD
619-654-4875
9345 Monona Dr, La Mesa, CA for Sale
$1,495,000 USD
Assisted Livings - FOR SALE
1/23
null | 22.8% Cap Rate

NEW


9345 Monona Dr
La Mesa, CA 91942


HIGHLIGHTS

  • Prime Location
  • Previous Assisted Living License

OVERVIEW

Prime investment opportunity for an assisted living facility. Remarkable designer home in the highly sought-after Grossmont Hills neighborhood! Situated on a landmark corner lot, this custom residence offers standout architecture, a circular driveway, and numerous unique design features that set it apart. 5 bedroom 3 bath main house and an additional 2 bedroom 1 bath ADU (additional 560sqft permitted). Previously licensed as assisted living facility. The impressive grand entrance opens into a spacious, flowing floor plan just waiting for the final touches—unlock the opportunity to truly customize this property into high cash flow opportunity. The expansive, open-beam family room features a stunning stone fireplace, perfect for a large common area space for entertaining or relaxing in comfort. Oversized windows bring in abundant natural light and showcase views of the beautiful rock waterfall and pool area, creating a seamless indoor/outdoor living experience. The large primary suite includes its own private full bathroom for added convenience and privacy. Priced well below ARV! Whether you're an investor seeking strong upside potential or you looking for a new home ready to add your finishing touch and enjoy instant equity, this is a rare opportunity in a premier neighborhood. A must-see property with exceptional value.

FOR SALE DETAILS

PRICE

$1,495,000 USD

PRICE/SF

$482 USD /SF

CAP RATE

22.8%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

9345 Monona

PROPERTY TYPE

Health Care

PROPERTY SUBTYPE

Assisted Livings

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

20

LAND DETAILS

LAND ACRES

0.28 AC

LAND SF

12,197 SF

ZONING

R1S

APN/PARCEL ID

486-821-21

ASK ABOUT THIS PROPERTY

Brian JackelSBI Realty & Property Management IncMore Info
619-654-4875

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Brian JackelSBI Realty & Property Management IncMore Info
619-654-4875

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