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7205 Amherst St
La Mesa, CA 91942

$1,999,999 USD

Apartments For Sale • 2,688 SF

Property Details

Property Type Apartments
Total Building Size 2,688 SF
Lot Size 0.16 AC
Building Class C
Year Built 2024
Cap Rate 4.90 %
Zoning R2

46 Transit Score

83 Walk Score

                
                    Highlights
                
                                NEW CONSTRUCTION with Luxury Finishes & Amenities
                            
                                2 Detached Single Family Dwellings + 2 single level apartments
                            
                                All units provide In-Unit Laundry 
                            
                                Owner Occupant Buyers Welcome VA / FHA approved 
                            
                                Self Manage to achieve 5 cap return - year 1

Property Flyers

pro forma / cash flow breakdown

Financial Summary (Proforma)

Net Operating Income: $102,200 USD (2024)

Cap Rate:	4.90 %
Total Expenses:	$34,600 USD

Amenities

Courtyard
Washer/Dryer Hookup
Ceiling Fans
Kitchen
Granite Countertops
Vaulted Ceiling
Tub/Shower
Zen Garden
Double Pane Windows
Patio

Public Transportation

Transit/Subway	Drive	Walk	Distance
70Th Street (Green Line - San Diego Metropolitan Transit System Trolley (San Diego Trolley))	2 min	17 min	0.9 mi
Airport	Drive	Walk	Distance
San Diego International	18 min	-	11.7 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	1
Type:	SurfaceTandem
Included in Rent:	Yes

Brian Nelson 619-226-6011 South Coast Commercial, Inc.

7205 Amherst St La Mesa, CA 91942