La Mesa 6+ Bathrooms for Sale

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Newest La Mesa 6+ Bathrooms Properties for Sale

$2,495,000

2 Beds ⋅ 6 Baths ⋅ 260017468 MLS ⋅ ACTIVE Status

5.54% current cap rate with a clear path to 6.23%. Newly priced at $2,495,000, 4415 Rosebud Lane offers 10 La Mesa units at $249,500 per unit, strong in-place income and approximately $109,000 in recent capital improvements, including a new roof, upgraded electrical service and panels, and completed SB 721 work with new stairs, railings and catwalks. The unit mix includes four studios, four 1BR units and two 2BR units, plus PARKING for every apartment, covered parking with storage and on-site laundry. Current operations reflect an 11.15 GRM and 5.54% cap rate, with projected performance of a 10.33 GRM and 6.23% cap rate as leases roll and allowable rent increases are implemented. Conveniently located near La Mesa Village, shopping, parks, transit and freeway access.

4415 Rosebud Ln, La Mesa

$7,500,000

34 Beds ⋅ 22 Baths ⋅ 260016931 MLS ⋅ ACTIVE Status

The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

8969 Grossmont Blvd, La Mesa

$3,999,900

5 Beds ⋅ 6 Baths ⋅ 260014796 MLS ⋅ ACTIVE Status

Experience luxury living in the heart of Mt. Helix with this fully remodeled estate offering panoramic views of the surrounding mountains, downtown San Diego, Coronado, and the Pacific Ocean. Spanning approximately 6,322 square feet, this exceptional residence features 5 bedrooms, 5.5 bathrooms, including two primary suites, and breathtaking views from nearly every room. The open-concept floor plan showcases wide-plank hardwood flooring, designer finishes, custom cabinetry, marble-clad bathrooms, and expansive windows that bring the outdoors in. The chef’s kitchen opens seamlessly to the living and dining areas, creating an ideal setting for entertaining. Multiple view terraces and outdoor living spaces provide the perfect backdrop for sunsets and sparkling city lights. The lower level offers a spacious secondary living area with a large family room, wet bar, wine storage, and flexible bonus space ideal for a theater, gym, office, or multigenerational living. Situated on approximately 0.81 acres with a gated entrance, expansive motor court, and 3-car garage, this rare Mt. Helix estate offers an unmatched combination of privacy, space, luxury, and spectacular views. A truly one-of-a-kind opportunity. Experience luxury living in the heart of Mt. Helix with this fully remodeled estate offering panoramic views of the surrounding mountains, downtown San Diego, Coronado, and the Pacific Ocean. Spanning approximately 6,322 square feet, this exceptional residence features 5 bedrooms, 5.5 bathrooms, including two primary suites, and breathtaking views from nearly every room. The open-concept floor plan showcases wide-plank hardwood flooring, designer finishes, custom cabinetry, marble-clad bathrooms, and expansive windows that bring the outdoors in. The chef’s kitchen opens seamlessly to the living and dining areas, creating an ideal setting for entertaining. Multiple view terraces and outdoor living spaces provide the perfect backdrop for sunsets and sparkling city lights. The lower level offers a spacious secondary living area with a large family room, wet bar, wine storage, and flexible bonus space ideal for a theater, gym, office, or multigenerational living. Situated on approximately 0.81 acres with a gated entrance, expansive motor court, and 3-car garage, this rare Mt. Helix estate offers an unmatched combination of privacy, space, luxury, and spectacular views. A truly one-of-a-kind opportunity.

9775 Alto Dr, La Mesa

$5,449,000

3 Beds ⋅ 6 Baths ⋅ PTP2604512 MLS ⋅ ACTIVE Status

7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and all major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system upgrades, epoxy-lined sewer mains, dual-pane windows, new pitched roofs, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $462,538 GSI yielding a 5.19% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $519,690 GSI and 5.95% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location profile. The Property's Class B l 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and all major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the Golden Standard Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system upgrades, epoxy-lined sewer mains, dual-pane windows, new pitched roofs, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $462,538 GSI yielding a 5.19% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $519,690 GSI and 5.95% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the Golden Standard middle market location profile. The Property's Class B location provides the ideal balance between acquisition basis, tenant quality, and long-term rental demand, producing notably stronger returns than higher-priced Coastal San Diego submarkets and significantly less operational challenges associated with Class C location assets and tenants.

7025 Boulevard Dr, La Mesa

$8,950,000

72 Beds ⋅ 48 Baths ⋅ 260012789 MLS ⋅ ACTIVE Status

This 24-unit multifamily offering presents a compelling opportunity to acquire a well-located asset comprised entirely of three-bedroom, two-bathroom floor plans, with large private yards for the downstairs units and balconies in 10 of the 14 upstairs units. Community amenities include a swimming pool, large patio space with a BBQ, community laundry facilities, extra storage, and abundant on-site parking. The offering represents a true value-add opportunity, with the potential to upgrade both unit interiors and the building exterior to achieve substantially higher rents. Ideally situated near La Mesa Village, the property benefits from a highly walkable neighborhood with a Walk Score of 87. Residents enjoy immediate access to restaurants, coffee shops, bars, and retail along La Mesa Blvd. The property is also approximately 0.8 miles from a San Diego Trolley station served by the Orange Line.

8694 Lemon Ave, La Mesa

$3,390,000

16 Beds ⋅ 8 Baths ⋅ 260008555 MLS ⋅ ACTIVE Status

Exceptional La Mesa 8-unit multifamily opportunity. 6935 Hoffman Ave. + 3979-89 King St. delivers consistent in-place income supported by a strong unit mix and long-term tenancy. The improvements include (1) 3-bedroom / 1-bath home, (1) 1-bedroom / 1-bath home, and (6) 2-bedroom / 1-bath units across three duplex structures. All units are single story and feature newer appliances and private fenced backyards. The duplex structures have been extensively renovated down to the studs, including major capital improvements such as newer roofs, plumbing, electrical, and related systems. These upgrades materially reduce near-term capital expenditure exposure and provide a more predictable ownership profile. From a location standpoint, the property is situated on a large .72 acre corner lot and benefits from a well-connected La Mesa setting. Ideally located near La Mesa Village, Grossmont Center, public transit, and major freeway access providing convenient regional connectivity throughout San Diego County. The asset is also positioned within close proximity to San Diego State University, further supporting long-term rental demand in the surrounding area. Altogether, the property offers a compelling combination of stable income, limited near-term capital needs, and a highly accessible East County location.

6935 Hoffman Ave, La Mesa

$5,900,000

14 Beds ⋅ 10 Baths ⋅ 250043888 MLS ⋅ ACTIVE Status

We proudly present 8870-78 La Mesa Blvd, part of the Fite Plaza / Bel Arms ensemble, a fully leased, income-producing, mixed-use property with immediate cash flow, and significant value-add or redevelopment upside. The asset combines a 5-tenant retail building (11,120 SF) with a 10-unit apartment complex, all on 0.86 acres in one of East County’s most accessible and desirable locations. The retail component generates stable cash flow from a diversified tenant roster, while the multifamily component offers upside through normalization of rents, interior upgrades, or repositioning. Because of the site’s compact footprint and location near major freeways and community amenities, a creative owner could explore infill or densification strategies. With limited new ground available in this submarket, this property represents a compelling opportunity to acquire a multi-layered real estate play in La Mesa.

8870-78 La Mesa Blvd, La Mesa

$5,350,000

10 Beds ⋅ 10 Baths ⋅ PTP2504023 MLS ⋅ ACTIVE Status

Discover an unparalleled opportunity in Mt. Helix with this expansive 2.41-acre estate, comprising a 5,872-sq-ft Santa Barbarainspired main residence, a 2,428-sq-ft meticulously remodeled casita and a separate 0.77-acre ready-to-build vacant lot. The main residence blends architectural elegance with resort-style amenities, featuring interconnected octagonal structures and a dramatic tower room offering 360 panoramic views. Formal and casual living areas complement a chefs kitchen and a primary suite that opens to a wraparound terrace. An executive office adds functionality, while the lower level includes versatile bedrooms, auxiliary flex rooms, and a gym/storage space. Outdoors, botanical gardens with over 100 rose varieties, four tranquil fountains, and diverse specimen trees create a serene setting. Multiple pools and spas, including an elevated spa with sweeping views to the east, south, and westencompassing Downtown San Diego and Point Lomaprovide relaxation, while expansive terraces and a fully equipped outdoor kitchen enhance alfresco dining experiences. Centrally located between the pools, a two-story pool house features multiple bathrooms, a rejuvenating sauna, and the Las Brisas guest retreat with a detached gym/yoga studio and direct spa access. The casita, extensively renovated in 2018, offers a chefs kitchen, hardwood floors, exposed wood beam ceilings, and a separate downstairs studio with a full bath and kitchenette. Completing this exceptional estate is a generous buildable lot equipped with a private water well currently used for irrigation, offering sustai Discover an unparalleled opportunity in Mt. Helix with this expansive 2.41-acre estate, comprising a 5,872-sq-ft Santa Barbarainspired main residence, a 2,428-sq-ft meticulously remodeled casita and a separate 0.77-acre ready-to-build vacant lot. The main residence blends architectural elegance with resort-style amenities, featuring interconnected octagonal structures and a dramatic tower room offering 360 panoramic views. Formal and casual living areas complement a chefs kitchen and a primary suite that opens to a wraparound terrace. An executive office adds functionality, while the lower level includes versatile bedrooms, auxiliary flex rooms, and a gym/storage space. Outdoors, botanical gardens with over 100 rose varieties, four tranquil fountains, and diverse specimen trees create a serene setting. Multiple pools and spas, including an elevated spa with sweeping views to the east, south, and westencompassing Downtown San Diego and Point Lomaprovide relaxation, while expansive terraces and a fully equipped outdoor kitchen enhance alfresco dining experiences. Centrally located between the pools, a two-story pool house features multiple bathrooms, a rejuvenating sauna, and the Las Brisas guest retreat with a detached gym/yoga studio and direct spa access. The casita, extensively renovated in 2018, offers a chefs kitchen, hardwood floors, exposed wood beam ceilings, and a separate downstairs studio with a full bath and kitchenette. Completing this exceptional estate is a generous buildable lot equipped with a private water well currently used for irrigation, offering sustainable landscaping and potential for future development or added privacy. This estate masterfully combines architectural elegance, luxurious amenities, and breathtaking views, offering a one-of-a-kind living experience in the prestigious Mt. Helix community.

4652 Resmar Rd, La Mesa

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