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Sold for $2,400,000
  • $2,400,000

    4645 Palm Ave, La Mesa, CA 91941

    3beds
    2baths
    6,200sqft
    Multi Family
    Built in ----
    -- sqft lot
    $2,569,600 Zestimate®
    $387/sqft
    $3,413 Estimated rent

    Home value

    $2,569,600

    $2.31M - $2.88M

    $3,413/mo

    Zestimate® history
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    $3,413/mo

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    $15,175/mo

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    What's special

    PRICE REDUCED!!! La Palmilla Apartments is a well located asset with a desirable unit mix of three (3) one-bedroom and five (5) two-bedroom apartment homes with ample parking, common laundry facilities, additional storage and secured entry. The offering is a true value-add opportunity with the option of upgrading unit interiors and the building exterior to achieve substantially higher rents. Seller is purchasing upleg and will either close 4645 Palm Avenue as the downleg in an exchange or if necessary effect a reverse exchange. Located in La Mesa's charming historical village with a walk score of 93, the neighborhood is a walker's paradise with a plethora of trendy restaurants, coffee shops, bars and shops along La Mesa Blvd (1.5 blocks from the property). Sprout's Farmers Market is located directly across the street. Residents are also walking distance (0.3 miles) to the nearest Trolley Stop, which is served by the Orange Line and provides traffic free commutes to destinations including Downtown San Diego, SDSU, Mission Valley, UTC and the San Ysidro border.

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric D Comer DRE #00842230 858-369-3083,

    Eric D. Comer, Broker

    Bought with:

    Sean Toohey, DRE #02172754

    JLM Real Estate Inc.

    Source: SDMLS,MLS#: 240017065MLS LogoOriginating MLS: SDMLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 2
    Heating
    • Radiant
    Cooling
    • Wall/Window
    Appliances
    • Laundry: Owned
    Interior area
    • Total structure area: 6,200
    • Total interior livable area: 6,200 sqft

    Property

    Parking
    • Parking features: Spaces
    Features
    • Stories: 2

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family

    Community & HOA

    Location
    • Region: La Mesa

    Financial & listing details

    • Price per square foot: $387/sqft
    • Date on market: 7/23/2024
    • Total actual rent: 16025

    Price history

    DateEventPrice
    11/7/2024Sold$2,400,000$387/sqft
    Source: SDMLS #240017065 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 91941

    Nearby schools

    GreatSchools rating
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    Estimated market value
    $2,569,600
    Get a cash offer in 3 minutes
    Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
    Estimated market value
    $2,569,600