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For SaleLuxury

$3,295,000

31,363 sqft$105/sqft210 days on market

6935 Hoffman Ave AVE

La Mesa, CA 91941

· 8% down, 7% APR, 30yr fixed

—

Beds

—

Baths

31,363

Square feet

—

Built

Listing narrative

Description

Exceptional La Mesa 8-unit multifamily opportunity. 6935 Hoffman Ave. + 3979-89 King St. delivers consistent in-place income supported by a strong unit mix and long-term tenancy. The improvements include (1) 3-bedroom / 1-bath home, (1) 1-bedroom / 1-bath home, and (6) 2-bedroom / 1-bath units across three duplex structures. All units are single story and feature newer appliances and private fenced backyards. The duplex structures have been extensively renovated down to the studs, including major capital improvements such as newer roofs, plumbing, electrical, and related systems. These upgrades materially reduce near-term capital expenditure exposure and provide a more predictable ownership profile. From a location standpoint, the property is situated on a large .72 acre corner lot and benefits from a well-connected La Mesa setting. Ideally located near La Mesa Village, Grossmont Center, public transit, and major freeway access providing convenient regional connectivity throughout San Diego County. The asset is also positioned within close proximity to San Diego State University, further supporting long-term rental demand in the surrounding area. Altogether, the property offers a compelling combination of stable income, limited near-term capital needs, and a highly accessible East County location.

Listing agent (MLS): Daniel Fefferman · Listing brokerage (MLS): Define Real Estate

Property Details

Key facts from the live listing feed are grouped here for quick review. Only fields confirmed by the active source are shown.

Price

$3,295,000

Beds

Beds n/a

Type

Commercial

MLS subtype

Mixed Use

Home Size

31,363 sqft

Baths

Baths n/a

Lot Size

0.72 acres

Year

Year n/a

Status

For Sale

Days on Market

210

$ / Sqft

$105

· 8% down, 7% APR, 30yr fixed
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Courtesy of Define Real Estate