$3,700,000

7425 Waite Dr, La Mesa CA, 91941

Price per sqft$364.53

Property size10,150 sqft

Property typeMulti-family

Overview

Sold

Listed Mar 7, 2025

Updated Aug 11

An exceptional investment opportunity in the heart of La Mesa! Boasting the lowest GRM in the vicinity while also offering 17%+ additional upside in rent! This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, dual pane windows, upgraded flooring and new kitchen cabinets in many of the units. Ideally located with easy access to the 94 Freeway, this well-maintained asset is just minutes from shopping, dining, Home Depot, and the scenic Chollas Lake Park. See this link to the Offering memorandum: https://proposal.aciapartments.com/index.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs#page-4885515

Additional information

MLS^® ID: 250020927

Interior Features

Bedrooms: 2
Bathrooms: 1
Basement: No

Exterior Features

Lot Size: 0.44 Acres

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Data last updated 5:03 AM UTC, 8/11/2026

Website advertised by Evan Wagley | CA DRE# 01494096 , DRE 500065859