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5045 Woodyard Ave
La Mesa, CA 91942

$2,100,000 USD

Apartments For Sale  •  9,292 SF

Property Details

  • Property Type Apartments
  • Total Building Size 3,456 SF
  • Lot Size 0.17 AC
  • Building Class C
  • Year Built 1975
  • Cap Rate 5.00 %
  • Zoning R3, La Mesa
48 Transit Score
76 Walk Score

Highlights

Completely renovated in 2017 with roof, windows, AC, washer/dryer in units, new kitchens and baths
Excellent location in west La Mesa on cul de sac
Strong rental demand for long term hold; opportunity for further rent increases

Property Flyers

Financial Summary (Actual)

Net Operating Income: $106,302 USD (2023)
Cap Rate: 5.00 %
Total Expenses: $41,214 USD

Amenities

  • Air Conditioning
  • Microwave
  • Washer/Dryer
  • Smoke Free
  • Ceiling Fans
  • Stainless Steel Appliances
  • Tub/Shower

Public Transportation

Transit/SubwayDriveWalkDistance
La Mesa Boulevard (Orange Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley)) 2 min 16 min 0.8 mi
AirportDriveWalkDistance
San Diego International 19 min - 12.5 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 9
Type: Surface
Included in Rent: Yes
Scott DeGoler 619-987-5044 Immobilier Funds
Scott DeGoler 619-987-5044 Immobilier Funds