32.778652 -117.03461

5547-5553 Shasta Lane La Mesa, CA 91941

316653271 32.778652 -117.03461 107 /listing/316653271-150269510/5547-5553-shasta-lane-la-mesa-ca-91941 False 0 3400000.0 101 220013560 False
  • $3,400,000
  • 17,248 lot
  • Est payment $18251.94/mo

Property & Neighborhood Info

Courtesy Of South Coast Commercial, Inc.

Commercial in La Mesa

The Shasta Apartments represent an opportunity for an investor to buy an asset that has a great unit mix, year built and highly desirable location. With current rents at about 71% of market rate, a future owner can also increase cash flow simply by raising rents each year and at each lease turn can reset market rents. Located north of interstate 8, the Shasta apartments are uniquely located near Mission Trails and Lake Murray. The studio units are so large and functional that an owner can also adjust their configuration to represent a 1 bedroom unit with ease.

Courtesy Of South Coast Commercial, Inc.
  1. 17,248 Lot

Main Features

  • Listing Status: Active
  • Floors: 2
  • County: San Diego
  • Units: 11
  • MLS Number:220013560

Additional Features

  • Cooling:
    • Wall/Window
  • Flooring:
    • Vinyl
    • Wood
  • Construction:
    • Stucco
  • Roof:
    • Tile
  • Exterior:
    • Part Landscaped
  • Acreage:
    • .25 through .50 Acres
  • Carport Spaces:
    • 0
  • Parking:
    • Spaces
  • Parking Spaces:
    • 22
  • Heating:
    • Wall
  • Showing Instructions:
    • With Accepted Offer
  • Board:
    • San Diego Association of REALTORS (SDAR)
  • Existing Financing:
    • Conventional
  • Financial Info:
    • Owner
  • Gross Income:
    • 179081
  • Limited Service:
    • N/A
  • Sale Rent:
    • For Sale
  • Short Sale:
    • No
  • Terms:
    • Cash
    • Cash to New Loan
    • Exchange Up
  • List Agent BRE:
    • 01933302
  • List Office Board ID:
    • San Diego Association of REALTORS (SDAR)
  • Listing Type:
    • Exclusive Agency (A)
  • Loan Amount:
    • 0
  • No. of Buildings:
    • 2
  • Rent Amount:
    • 15228
  • SQFT Source:
    • Tax Record
  • Tax ID:
    • 464-300-04-00
  • Total Acres:
    • 0.37
Neighborhood info courtesy of Homes.com © 2022

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Initiative Real Estate Inc
Initiative Real Estate Inc
Brokerage
6905 Monte Verde Drive San Diego CA 92119
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32.778652 -117.03461

5547-5553 Shasta Lane La Mesa, CA 91941

316653271 32.778652 -117.03461 107 /listing/316653271-150269510/5547-5553-shasta-lane-la-mesa-ca-91941 False 0 3400000.0 101 220013560 False
  • $3,400,000
  • 17,248 lot
  • Est payment $18251.94/mo