$1,029,000
Pending

8494 Hillcrest Ave

La Mesa, CA 91941
0.06 acres | #240028258SD
Listing OfficeTranquility Real Estate Svcs.
Browse 76 photos
Type:Multi-Family
Structure:House
Zone:Commercial

Description

This is a unique opportunity in La Mesa, offering two 1-bedroom, 1-bath units and a studio apartment. Located on a prime corner lot, this property provides potential rental income. Key features include a new roof installed in 2023 and upgraded sub-panels in 2022. However, the property also has deferred maintenance, which is an opportunity for improvement or investment. The location is highly desirable, being close to major highways such as I-8, SR 94, and SR 125, and only a short distance from SDSU (San Diego State University). The property is near Collier and MacArthur Park, making it ideal for enjoying outdoor activities. Additionally, it offers easy walking access to dining options, a coffee shop, the Farmers Market, and various village events throughout the year. With a great combination of rental potential and an unbeatable location, this property is perfect for someone looking to invest in a classic La Mesa property with some room for renovation.

  • Property Details
      • Property SubtypeResidentialIncome
      • Property TypeMulti-Family
      • MLS #240028258SD
      • MLS #240028258SD
      • Original List Price$1,029,000
      • CountySan Diego
      • SubdivisionLa Mesa
      • Cost1029000
      • Acres0.0621
      • Year Built1948
      • Stories2

Location

Jessie Espinosa | Century 21 Select Real Estate, TurlockReal Estate Group
$
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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