La Mesa

4909 Guava Ave

Purchase Price $1,595,000

Guava Manor has a strong unit mix of two (2) 3 Bedroom / 2 bath units approximately 1100 square feet, seven (7) 2 Bedroom / 1 Bath units approximately 780 square feet, and one (1) non-permitted stand-alone studio approximately 400 square feet. There are two (2) large double garages divided into a total of four (4) individual storage spaces. The property hosts two (2) large laundry rooms with leased washers and dryers and has ten (10) off-street parking spaces. Guava Manor has had Nu-Flow coating applied to the plumbing and has all new vinyl windows. The treads on the stairs have been replaced. Many of the units have had new tile flooring put in the kitchens as well as new cabinets and counter tops installed. Guava Manor is located on a quiet street close to La Mesa Blvd and the 8 Freeway. It is located close to transit, shopping, downtown La Mesa, and the library. PLEASE DO NOT GO ON PROPERTY OR DISTURB TENANTS. THE PROPERTY WILL BE SHOWN WITH AN ACCEPTED OFFER ONLY. La Mesa is centrally located in the rolling hills of San Diego County and is known as the “Jewel of the Hills.” A near perfect climate, tree-lined streets, walk-able neighborhoods, easy access to retail and commercial areas, and a quaint downtown village make La Mesa a highly desirable community in which to live and work. The information contained herein has been obtained from sources believed reliable. While South Coast Commercial does not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Purchase Price $1,595,000 Cap Rate 5.27% Property Type: MultiFamily Rentable Square Feet 9,020 Price perRSF $176.83 Number of Units 10

(619) 226-6011

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PLNU's Lynn Reaser on affordable housing

May 4, 2015 -- George Chamberlin and Dr. Lynn Reaser, chief economist for Point Loma Nazarene University's Fermanian Business & Economic Institute, discuss the university's report on affordable housing.

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Commercial Leases Database

Mad Engine, Inc. themselves Westcore Kerns, LLC Ron Bemet of Cushman & Wakefield Industrial 104,180 square feet San Diego CA 92154 Siempre Business Park 8917 Kerns Street 66 month $3,082,600 5/12/2015
Dieter Steinmetz Sal Zimmitti of Sperry Van Ness Finest City Commercial CRP-2 SC Industrial Business, LLC Josh McFadyen and Joe Crotty of Colliers International Industrial 1,200 square feet Oceanside CA 92054 3044 Industry Street, Suite 107 24 month flex space PR-188821 $22,212 5/12/2015
Keith Albano Josh McFadyen and Joe Crotty of Colliers International CRP-2 SC Industrial Business, LLC McFayen and Crotty Industrial 1,200 square feet Oceanside CA 92054 3044 Industry Street, Suite 102 12 month flex space PR-188350 $1,065,600 5/12/2015
Last Updated 5/12/2015

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RANCHO SANTA FE COVENANT
$850,000
Seller will entertain offers between $699,000 - $749,000
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