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

Brian Nelson

(619) 226-6011

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CAR's Joel Singer on the business of real estate

April 3, 2014 -- George Chamberlin speaks with Joel Singer, CEO of the California Association of Realtors, who provided the keynote speech at the North San Diego County Association of Realtors' Conversations 2014 Real Estate Summit. Singer discusses the business of real estate and current market conditions.

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Commercial Leases Database

The County of San Diego themselves Charles L. Nichols Trust, Dated 12/28/1999 Kyle Clark of Cushman & Wakefield Office 10,632 square feet El Cajon CA 92021 1000 Broadway 60 month $1,316,878 4/10/2014
Alvarado Pacific Insurance Glenn Friedrich of Cresa San Diego Allied Office Plaza-SPE, LLC Kipp Gstettenbauer and Kyle Clark of Cushman & Wakefield Office 7,169 square feet La Mesa CA 91941 7777 Alvarado Road 62 month $891,252 4/10/2014
Neighborhood National Bank Shane Poppen of Hughes Marino Sweetwater Plaza East, LLC Kipp Gstettenbauer and Kyle Clark of Cushman & Wakefield Retail 7,498 square feet National City CA 91950 1717 Sweetwater Road 60 month renewal $883,735 4/10/2014
Last Updated 4/10/2014

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