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    4355 Rosebud Lane

    La Mesa, CA 91941
    • $4,500,000
    • STATUS: ACTIVE
    • ON SITE: 92 days
    • ID#: 200052871
    UPDATED: 64 min ago
    $4,500,000
    • 8
      BEDS
    • 0.54
      ACRES
    • 5
      BATHS
    • 2
      1/2 BATHS
    Neighborhood:
    Type:
    Multi-Family
    County:

    School Ratings & Info

    Description

    Pleased to present for sale a newly constructed, eight home multi-complex property in La Mesa, California. Completed in Fall 2020, this property rests on over a 23,520 SF lot and has 10,350 of rentable SF. This luxury asset includes three duplexes and two detached homes. The three-story duplexes are each comprised of 3-bedroom / 2.5-bathroom townhomes each with a two-car garage. The two detached homes are comprised of one newly constructed two-story, 3-bedroom / 2.5-bathroom home with a two-car garage; the other being a single-story 2-bedroom / 1-bathroom home constructed in 1958 and renovated in 2020 with an oversized one-car garage and a private driveway. Tenants enjoy private balconies and yards, in-unit laundry, solar power, ring doorbells with security features, and a community BBQ area.

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    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
    www.sellsandiego.com/homes/112303352
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    4355 Rosebud Lane La Mesa, CA 91941

    • Price: $4,500,000
    • Status: ACTIVE
    • Updated: 64 min ago
    • ID#: 200052871
    8
    Beds
    5
    Baths
    2
    ½ Baths
    0.54
    Acres
    Neighborhood:
    La Mesa (91941)
    County:
    San Diego
    Area:
    La Mesa (91941)
    Property Description
    Pleased to present for sale a newly constructed, eight home multi-complex property in La Mesa, California. Completed in Fall 2020, this property rests on over a 23,520 SF lot and has 10,350 of rentable SF. This luxury asset includes three duplexes and two detached homes. The three-story duplexes are each comprised of 3-bedroom / 2.5-bathroom townhomes each with a two-car garage. The two detached homes are comprised of one newly constructed two-story, 3-bedroom / 2.5-bathroom home with a two-car garage; the other being a single-story 2-bedroom / 1-bathroom home constructed in 1958 and renovated in 2020 with an oversized one-car garage and a private driveway. Tenants enjoy private balconies and yards, in-unit laundry, solar power, ring doorbells with security features, and a community BBQ area.
    Exterior Features

    Exterior Fully LandscapedSolar Owned Parking Garages Units With Garages 8

    Interior Features

    Cooling Central Forced Air Elec Heating Central Forced Air Elec Laundry Owned Sq Ft Of Improvement 10350 Stories 3 Story Units With Dishwashers 8 Units With Disposals 8 Units With Ranges 8 Units With Refrigerators 8

    Property Features

    Actual Cap Rate 4.61 Actual Gross Scheduled Income 294180.0 Actual Operating Expense 85425 Actual Vacancy And Credit Loss 8825 Assumable Finance 0 Buildings 5 Complex Features Bbq Gross Equity 4500000 Gross Multiplier 15.30 Have 8 Units Mandatory Remarks None Known Market Area East County Motive Want To Sell Other Income Actual 7500 Projected Cap Rate 4.79 Projected Gross Multiplier 14.85 Projected Gross Scheduled Inc 303005 Projected Net Income 215562 Projected Operating Expense 85853 Projected Other Income 7500 Projected Vacancy And Credit Loss 9090 Short Sale No Sq Ft Source Tax Record Tenant Pays Electric Y Tenant Pays Gas Y Tenant Pays Water Y Terms CashCash To New Loan Unit Number1 6 Unit Number2 1 Unit Number3 1 Unit Rent Total1 18570 Unit Rent Total2 3250 Unit Rent Total3 2650 Unit Rent1 3095 Unit Rent2 3250 Unit Rent3 2650 Unit Type Other/Remarks Zoning R-4

    Listing provided courtesy of Marcus & Millichap. Listing information © 2021 San Diego MLS Inc. Source: SDMLS
    This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2021 San Diego MLS, Inc. Licensed in the state of California.
     
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    Neuman & Neuman Real Estate Inc.
    516 5th Avenue
    San Diego CA, 92101