Get the App

4214 Harbinson Ave, La Mesa, CA 91942

Commercial property

4214 Harbinson Ave, La Mesa, CA 91942 Sold March 2024 CRMLS
$1,835,000Sold March 2024

Listing Agent: Dylan Wright (DRE #01411216) · Listing Office: MD Real Estate, Inc · Contact: 619-255-3233 · Bought with: Ricardo Lopez · Apartment Consultants Incorporated · MLS #230024447SD · Source: CRMLS

6
Units
5.09%
Cap Rate
$94,213
NOI
7,714 sqft
Lot Size
Commercial property
Type

About this commercial property

Price reduced and 5 of 6 units rents have been raised. The Harbinson Avenue Apartments is a six unit apartment community in the high demand rental submarket of La Mesa. The subject property underwent a full interior and exterior remodel in 2018 providing a new buyer a turnkey operation with upside in rents. Situated on a 7,714 square foot lot the subject property is comprised of six 2 Bed/1 Bath units that are approximately 837 square feet each. Residents enjoy spacious and efficient layouts with in-unit laundry and six tandem on-site parking spots. The subject property is located off University Avenue providing residents access to shopping, dining, and entertainment. Additionally, the property is located approximately 3 miles from San Diego State University.

Listing description from the March 2024 sale, as reported to CRMLS.

Sale history

$1,835,000
Sold March 2024 · listed $1,850,000, orig. $1,950,000, on market December 2023 · MLS #230024447SD · Source: CRMLS
Listing Agent: Dylan Wright · Listing Office: MD Real Estate, Inc · Contact: 619-255-3233 · Bought with: Ricardo Lopez · Apartment Consultants Incorporated
See homes for sale in La Mesa Open the Nalren App

Explore La Mesa