Sold
Closed
4645 Palm Ave
La Mesa CA, 91941
$2,400,000
Sold
Closed
Commercial
Listed by Eric Comer with Eric D. Comer, Broker 858-369-3083
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.
240017065SD
MLSⓇ ID
July 23, 2024
Listed
November 8, 2024
Updated
Map
4645 Palm Ave
La Mesa CA, 91941
Interior Features
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Radiant
Exterior/Building Features
Other Property Details
Area Name
91941 - La Mesa
Days on Market
64
Garage
No
Parking Total
0
View
No
County
San Diego
Pool
No
Listing History
Date | Event | Price |
|---|---|---|
11/8/2024 | Sold | $2,400,000 |
10/29/2024 | Pending | — |
8/30/2024 | Price change | $2,495,000 -5% |
Listing Contact: 858-509-1200
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 11/8/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 11/8/2024 at 6:42 PM UTC