Multifamily

4355 Rosebud Lane

4355 Rosebud Ln, La Mesa, CA 91941

Listing Price: $4,500,000

Cap Rate
4.57%
Number of Units
8
GRM
15.32
Occupancy
97.0%
Price/Unit
$562,500
Price/Gross SF
$434.78
Gross SF
10,350

Investment Overview

Marcus & Millichap is 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 investors longevity in mind.

Investment Highlights

  • 7 of 8 Homes are 2020 New Construction
  • New Construction Not Subject to AB-1482 Rent Control
  • Walking Distance to Helix High School
  • Solar Power
  • Each Unit With A Private Garage
  • Private Balconies and Yards

Exclusively Listed By

Listing Price: $4,500,000

Cap Rate
4.57%
Number of Units
8
GRM
15.32
Occupancy
97.0%
Price/Unit
$562,500
Price/Gross SF
$434.78
Gross SF
10,350

Investment Highlights

  • 7 of 8 Homes are 2020 New Construction
  • New Construction Not Subject to AB-1482 Rent Control
  • Walking Distance to Helix High School
  • Solar Power
  • Each Unit With A Private Garage
  • Private Balconies and Yards

Investment Overview

Marcus & Millichap is 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 investors longevity in mind.

Exclusively Listed By

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