7425 Waite Drive 7425 Waite Drive La Mesa, California 91941 United States

An exceptional investment opportunity in the heart of La Mesa! Lowest GRM in the area (11.96) and highest cap rate of comparable active listings (5.18%). This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, and strong rental upside potential. Ideally located with easy access to the 94 Freeway, this well-maintained asset is just minutes from shopping, dining, Home Depot, and the scenic Chollas Lake Park. Link to Offering Memorandum: https://proposal.aciapartments.com/cover.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs A great park 2.82 acre park is going in across the street on Waite Drive: https://www.cityoflamesa.us/1693/Future-Park-at-Waite-Drive

Listing Courtesy of ACI Apartments