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5015 Comanche Dr
La Mesa, CA 91942 La Mesa

$4,500,000 USD

Apartments For Sale  •  9,360 SF

Property Details

  • Property Type Apartments
  • Total Building Size 9,360 SF
  • Lot Size 0.96 AC
  • Building Class C
  • Year Built 1957
  • Cap Rate 5.05 %
  • Zoning R3
49 Transit Score
79 Walk Score

Highlights

Located in One of San Diego’s Strongest Rental Markets ~ La Mesa
Twelve (12) Cottage Style Apartment Homes (10 Buildings)
All 3Bedroom Units Each w/ Private Yard, Off-Street Parking, & Washer/Dryer
Value Add Opportunity on a Large 41,817sf Lot
Extremely Rare and Unique Asset
North of El Cajon Blvd Near Shops, Restaurants, and Local Services with Close Proximity to I-8

Financial Summary (Actual)

Net Operating Income: $227,113 USD (2024)
Cap Rate: 5.05 %
Total Expenses: $118,711 USD

Amenities

  • Washer/Dryer Hookup

Public Transportation

Transit/SubwayDriveWalkDistance
La Mesa Boulevard (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 3 min 19 min 1.0 mi
AirportDriveWalkDistance
San Diego International 19 min - 12.2 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
James V. Carter 619-784-1031 Apartment Realty Group, Inc
James V. Carter 619-784-1031 Apartment Realty Group, Inc