4415 Rosebud Ln, La Mesa, CA 91941
4415 Rosebud Ln, La Mesa, CA 91941
4415 Rosebud Ln, La Mesa, CA 91941
17
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$2,495,000
Est. payment /mo
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2 Beds
6 Baths
5,940 SqFt
New

4415 Rosebud Ln La Mesa, CA 91941

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Richard Combs

Richard Combs

+1(619) 838-9307

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Com-Res Income

Listing Status Active

Purchase Type For Sale

Square Footage 5,940 sqft

Price per Sqft $420

MLS Listing ID 260017468

Bedrooms 2

Full Baths 6

Lot Size 0.260 Acres

Property Sub-Type Com-Res Income

Property Description

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.

Location

State CA

County San Diego

Area East County

Interior

Fireplace No

Exterior

Parking Features Carports

Carport Spaces 10

View Y/N No

Total Parking Spaces 10

Building

Story 2

Others

Senior Community No

Tax ID 470-492-03-00

Special Listing Condition Call Agent, Other/Remarks

Virtual Tour https://www.propertypanorama.com/instaview/snd/260004413

MLS Router / San Diego MLS
Listed by Christina M Labowicz, DRE#02055851 ACI Apartments 

NEARBY SCHOOL & BUSINESS

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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4415 Rosebud Ln

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