Homes for sale - 4818 4832 1/2 Palm AVE, La Mesa, CA 91942

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Ben Dodge

bendodge@kw.com +1(408) 829-1074

Listed by Jacqueline Cono-Clippinger • Real Net Inc.

$ 4,650,000

Est. payment | -/mo

0.37 Acres Lot

Save

$ 4,650,000

Est. payment | -/mo

Save

0.37 Acres Lot

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPTP2504161

Style Craftsman

Year Built 1946

Lot Size 0.371 Acres

Source California Regional MLS

Property Description

This sale includes 2 parcels, located right in the heart of La Mesa Village. On each parcel sits 8 charming, craftsman style units for a total of 16 units. A great mix of 8 two bedroom / one baths, 4 one bedroom / one baths and 4 studios, as well as 14 garages (rented out separately) and leased laundry. Several units at market rate of $1995 for 2br, $1695 for 1br, $1595 for studios, but many below with room for increased revenue. This property presents a very unique opportunity for future development. Parcel 494-251-16-00 zoned CD-D, intended to accommodate development that permits high density and mixed use. Parcel 494-251-15-00 zoned R3. These parcels were originally one, but were split into two in 1966 and County Recorder states they can be combined again into one parcel per a combination request through SDARCC. La Mesa is building up! Located steps to the La Mesa Village which boasts shopping, dining, entertainment and transportation. More than a town, a lifestyle, with gyms, Pilates and yoga studios, Farmers' Market every Friday, trending restaurants and coffee shops. Just strolling distance away is the fully reimagined Collier Park which features brand new pickleball and tennis courts, playground, green spaces and covered areas for community gatherings, picnics and more!

Location

State CA

County San Diego

Area 91942 - La Mesa

Rooms

Kitchen Cooktop - Gas, Freezer, Other, Oven Range - Gas, Oven Range, Refrigerator, Oven - Gas

Interior

Heating Gas, Wall Furnace

Cooling Window / Wall Unit

Laundry Laundry Area, Washer/Dryer - Leased, Community Facility

Exterior

Parking Features Unassigned Spaces, Private / Exclusive, Garage, Common Parking Area, Other, Parking Area

Garage Spaces 26.0

Pool None

Roof Type Shingle,Composition

Building

Lot Description Grade - Level

Water Hot Water

Architectural Style Craftsman

Others

Tax ID 4942511600

Special Listing Condition Not Applicable

GET MORE INFORMATION

Ben Dodge

REALTOR® | Lic# DRE 01959374

bendodge@kw.com

+1(408) 829-1074

16780-A Lark Ave. Los Gatos, CA, 95032

4818 4832 1/2 Palm AVE La Mesa, CA 91942

Ben Dodge

Key Details

Location

Rooms

Interior

Exterior

Building

Others

4818 4832 1/2 Palm AVE