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Jeffrey Walker

jeffrey@walkerpropertygroupca.com +1(949) 903-3731

$ 3,295,000

Est. payment | -/mo

0.72 Acres Lot

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$ 3,295,000

Est. payment | -/mo

Save Virtual Tour

0.72 Acres Lot

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID 260008555SD

HOA Y/N No

Lot Size 0.720 Acres

Property Sub-Type Mixed Use

Property Description

Exceptional La Mesa 8-unit multifamily opportunity. 6935 Hoffman Ave. + 3979-89 King St. delivers consistent in-place income supported by a strong unit mix and long-term tenancy. The improvements include (1) 3-bedroom / 1-bath home, (1) 1-bedroom / 1-bath home, and (6) 2-bedroom / 1-bath units across three duplex structures. All units are single story and feature newer appliances and private fenced backyards. The duplex structures have been extensively renovated down to the studs, including major capital improvements such as newer roofs, plumbing, electrical, and related systems. These upgrades materially reduce near-term capital expenditure exposure and provide a more predictable ownership profile. From a location standpoint, the property is situated on a large .72 acre corner lot and benefits from a well-connected La Mesa setting. Ideally located near La Mesa Village, Grossmont Center, public transit, and major freeway access providing convenient regional connectivity throughout San Diego County. The asset is also positioned within close proximity to San Diego State University, further supporting long-term rental demand in the surrounding area. Altogether, the property offers a compelling combination of stable income, limited near-term capital needs, and a highly accessible East County location.

Location

State CA

County San Diego

Area 91941 - La Mesa

Zoning R-4:MULTIP

Interior

Fireplace No

Others

Tax ID 4743531600

Virtual Tour https://www.propertypanorama.com/instaview/snd/260008555

CRMLS Full IDX Feed (MAIN Website Search)

Listed by Daniel Fefferman Define Real Estate #02026109

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(949) 903-3731

jeffrey@walkerpropertygroupca.com

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6935 Hoffman Ave La Mesa, CA 91941