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The Arches 4940 Comanche Dr

18 Unit Apartment Building $7,363,757 CAD ($409,098 CAD/Unit) 4.17% Cap Rate La Mesa, CA 91942

Apartment Buildings California La Mesa 4940 Comanche Dr, La Mesa, CA 91942

Executive Summary

Rare find in La Mesa! A well-maintained, well-managed, 18 unit property close to downtown La Mesa. Great Mix. Priced to sell at $288,611/unit.

Property Facts

Price $7,363,757 CAD Apartment Style Low Rise
Price Per Unit $409,098 CAD Building Class C
Sale Type Investment Lot Size 0.46 AC
Cap Rate 4.17% Building Size 10,640 SF
Sale Conditions 1031 Exchange Average Occupancy 96%
Gross Rent Multiplier 14.43 No. Stories 2
No. Units 18 Year Built 1966
Property Type Multifamily Parking Ratio 1.39/1,000 SF
Property Subtype Apartment
Price $7,363,757 CAD
Price Per Unit $409,098 CAD
Sale Type Investment
Cap Rate 4.17%
Sale Conditions 1031 Exchange
Gross Rent Multiplier 14.43
No. Units 18
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low Rise
Building Class C
Lot Size 0.46 AC
Building Size 10,640 SF
Average Occupancy 96%
No. Stories 2
Year Built 1966
Parking Ratio 1.39/1,000 SF

Unit Amenities

  • Air Conditioning
  • Cable Ready
  • Disposal
  • Ceiling Fans
  • Carpet
  • Vinyl Flooring

Site Amenities

  • Courtyard
  • Laundry Facilities
  • Pool
  • Property Manager on Site

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 14 $2,481 CAD 520 - 7,280
2+4 4 $2,693 CAD 840 - 3,360
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Walk Score ®
Very Walkable (78)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores

PROPERTY TAXES

Parcel Number 469-160-09 Improvements Assessment $2,442,961 CAD
Land Assessment $1,998,787 CAD Total Assessment $4,441,748 CAD

PROPERTY TAXES

Parcel Number
469-160-09
Land Assessment
$1,998,787 CAD
Improvements Assessment
$2,442,961 CAD
Total Assessment
$4,441,748 CAD

zoning

Zoning Code MR-1500, San Diego (Commercially zoned in a mixed area of residential, commercial, and retail. The neighborhood is mostly single family homes.)
MR-1500, San Diego (Commercially zoned in a mixed area of residential, commercial, and retail. The neighborhood is mostly single family homes.)
(619) 281-1506

Contact

  • Listing ID: 34162504

  • Date on Market: 2024-12-11

  • Last Updated:

  • Address: 4940 Comanche Dr, La Mesa, CA 91942

The Multifamily Property at 4940 Comanche Dr, La Mesa, CA 91942 is currently available for sale. Contact RJW Properties, Inc. for more information.

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The Arches | 4940 Comanche Dr
(619) 281-1506 x

The Arches | 4940 Comanche Dr

Robert Weinberger

(619) 281-1506

(619) 281-1506

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