Brokerage
Brokerage
6830 Tower
La Mesa, CA 91942
Sold
$1,480,000
2021.04.13
1/5
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
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
