An exceptional investment opportunity in the heart of La Mesa! Boasting the lowest GRM in the vicinity while also offering 17%+ additional upside in rent! This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, dual pane windows, upgraded flooring and new kitchen cabinets in many of the units. Ideally located with easy access to the 94 Freeway, this well-maintained asset is just minutes from shopping, dining, Home Depot, and the scenic Chollas Lake Park. See this link to the Offering memorandum: https://proposal.aciapartments.com/index.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs#page-4885515
Sold for $3,700,000 on 08/06/25
$3,700,000
7425 Waite Dr, La Mesa, CA 91941
2beds
1baths
10,150sqft
Multi Family
Built in ----
-- sqft lot
$3,669,900 Zestimate®
$365/sqft
$-- Estimated rent
Owner options
What's special
Zillow last checked: 7 hours ago
Listing updated: September 10, 2025 at 08:15am
Listed by:
Christina M Labowicz DRE #02055851 858-876-5701,
ACI Apartments
Bought with:
Dave Plutner, DRE #01273425
DP Properties
Source: SDMLS,MLS#: 250020927
Originating MLS: San Diego Association of REALTOR

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
Interior area
- Total structure area: 10,150
- Total interior livable area: 10,150 sqft
Property
Parking
- Total spaces: 18
- Parking features: Spaces
Features
- Levels: 2 Story
- Stories: 2
Lot
- Size: 0.44 Acres
Details
- Parcel number: 4746501100
- Special conditions: Call Agent
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Fully Landscaped
Community & neighborhood
Location
- Region: La Mesa
HOA & financial
Other financial information
- Total actual rent: 28124
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Estimated market value
$3,669,900