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6830 Tower

La Mesa, CA 91942

Sold

2021.04.13

Property Description

The Tower Street Rental Homes provides an investor an opportunity to update the existing detached single-family homes and duplex as well as the potential to add two new accessory dwelling units (ADUs) in back of the lots. In total, the offering consists of four existing units and four garages on two separate lots with an interesting mix of rentals. There are two parcels being sold together. 6830-36 Tower St. (468-390-12-00) & 6840-42 Tower St. (468-390-12-00).

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Property Details

Property Type

Multifamily

Units

4

SqFt

2,604

Unit Mix

​

Year Built

1946

Price

Price/Unit

Price/SF

GRM

Cap Rate

$1,480,000

$372,500

$572

11.52

6.20%

Property Location

La Mesa

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