5045 Woodyard Ave - Apartments FOR SALE


La Mesa, CA 91942
$2,100,000 USD
619-987-5044
5045 Woodyard Ave, La Mesa, CA for Sale
$2,100,000 USD
Apartments - FOR SALE
1/14
null | 5% Cap Rate

5045 Woodyard Ave
La Mesa, CA 91942


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

OVERVIEW

5% CAP: Excellent renovated 6 unit apartment on cul de sac in west La Mesa (borders San Diego). Turn key with newer roof, AC, washer/dryers in units, gutted kitchens/baths and plenty of parking. Fantastic long term cash cow.

FOR SALE DETAILS

PRICE

$2,100,000 USD

PRICE/SF

$608 USD /SF

# OF UNITS

6

PRICE/UNIT

$350,000

CAP RATE

5%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1975

PARKING SPACES

9

LAND DETAILS

LAND ACRES

0.17 AC

LAND SF

7,405 SF

ZONING

R3, La Mesa

APN/PARCEL ID

470-111-34

ASK ABOUT THIS PROPERTY

Scott DeGolerImmobilier FundsMore Info
619-987-5044

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Scott DeGolerImmobilier FundsMore Info
619-987-5044

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.