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4355 Rosebud Lane, La Mesa, CA 91941

Commercial property · 2 recorded sales since 2017

4355 Rosebud Lane, La Mesa, CA 91941 Sold May 2021 CRMLS
$4,450,000Sold May 2021

Listing Agent: Carson Trujillo (DRE #01974818) · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Carson Trujillo · Marcus & Millichap · MLS #200052871 · Source: CRMLS

8
Units
4.61%
Cap Rate
$207,430
NOI
0.54 ac
Lot Size
R-4
Zoning
Commercial property
Type

About this commercial property

Pleased to present for sale a newly constructed, eight home multi-complex property in La Mesa, California. Completed in Fall 2020, this property rests on over a 23,520 SF lot and has 10,350 of rentable SF. This luxury asset includes three duplexes and two detached homes. The three-story duplexes are each comprised of 3-bedroom / 2.5-bathroom townhomes each with a two-car garage. The two detached homes are comprised of one newly constructed two-story, 3-bedroom / 2.5-bathroom home with a two-car garage; the other being a single-story 2-bedroom / 1-bathroom home constructed in 1958 and renovated in 2020 with an oversized one-car garage and a private driveway. Tenants enjoy private balconies and yards, in-unit laundry, solar power, ring doorbells with security features, and a community BBQ area. This property offers the rare opportunity to be the proprietor of a newly constructed, multifamily asset in La Mesa, CA. These luxurious living spaces will attract the highest quality, and most desirable renters. Within close proximity to Helix High School, Downtown La Mesa , and the Interstate 8 commuter freeway, this property is centrally located with the investor’s longevity in mind. Amenities: BBQ Cooling: Central Forced Air Elec Exterior: ,

Listing description from the May 2021 sale, as reported to CRMLS.

Sale history

$4,450,000
Sold May 2021 · orig. $4,500,000, on market December 2020 · MLS #200052871 · Source: CRMLS
Listing Agent: Carson Trujillo · Listing Office: Marcus & Millichap · Contact: 858-373-3100 · Bought with: Carson Trujillo · Marcus & Millichap
$650,000
Sold July 2017 · listed $674,000, orig. $695,000, on market January 2017 · MLS #170001468 · Source: CRMLS
Listing Agent: Dan Brophy · Listing Office: Flying Dog Enterprises Inc · Contact: 619-698-7520 · Bought with: Paula Whitsell · Leal Real Estate Group, Inc
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