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$2,495,000

Est. payment - /mo

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Price Dropped by $105K

4645 Palm Ave La Mesa, CA 91941

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

09/10/2024 05:21 PM

Key Details

Property Type Condo

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240017065

Property Description

PRICE REDUCED!!! La Palmilla Apartments is a well located asset with a desirable unit mix of three (3) one-bedroom and five (5) two-bedroom apartment homes with ample parking, common laundry facilities, additional storage and secured entry. The offering is a true value-add opportunity with the option of upgrading unit interiors and the building exterior to achieve substantially higher rents. Seller is purchasing upleg and will either close 4645 Palm Avenue as the downleg in an exchange or if necessary effect a reverse exchange. Located in La Mesa's charming historical village with a walk score of 93, the neighborhood is a walker's paradise with a plethora of trendy restaurants, coffee shops, bars and shops along La Mesa Blvd (1.5 blocks from the property). Sprout's Farmers Market is located directly across the street. Residents are also walking distance (0.3 miles) to the nearest Trolley Stop, which is served by the Orange Line and provides traffic free commutes to destinations including Downtown San Diego, SDSU, Mission Valley, UTC and the San Ysidro border.

Location

State CA

County San Diego

Area La Mesa (91941)

Interior

Heating Radiant

Cooling Wall/Window

Laundry Owned

Exterior

Garage Spaces

Building

Story 2

Others

Space Rent $192,300

Listed by Eric D Comer • Eric D. Comer, Broker

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

4645 Palm Ave La Mesa, CA 91941

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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4645 Palm Ave