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Sold

6830 Tower

6830 Tower St, La Mesa, CA 91942, USA

$1,480,000

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).

Property Details

Property Type

Multifamily

Price

$1,480,000

Units

4

Price/Unit

$372,500

SqFt

2,604

Price/SF

$572

Unit Mix

GRM

11.52

Year Built

1946

Cap Rate

6.20%

Market

La Mesa

Contact Agent

Kenneth Herskind

(858) 699-4013

DRE #01872460

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Property Location

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