La Mesa, CA 91941,4645 Palm Ave
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La Mesa, CA 91941,4645 Palm Ave
La Mesa, CA 91941,4645 Palm Ave
La Mesa, CA 91941,4645 Palm Ave
La Mesa, CA 91941,4645 Palm Ave

$2,400,000

Est. payment /mo

$2,495,000

3.8%
Est.Price: ?

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4645 Palm Ave La Mesa, CA 91941

SOLD DATE : 11/07/2024

Key Details

Sold Price $2,400,000

Property Type Commercial

Sub Type Mixed Use

Listing Status Sold

Purchase Type For Sale

MLS Listing ID 240017065SD

Sold Date 11/07/24

HOA Y/N No

Property Description

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.

Location

State CA

County San Diego

Area 91941 - La Mesa

Interior

Heating Radiant

Cooling Wall/Window Unit(s)

Fireplace No

Others

Tax ID 4944420700

Financing Cash to New Loan

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California Regional MLS (CRMLS)
Listed by Eric Comer • Eric D. Comer, Broker
Bought with Sean Toohey • JLM Real Estate Inc

Tafoya Real Estate

Broker | License ID: 01493993

+1(559) 765-4220

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