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8755 Mesa Rd1 / 34 · Click to zoom

About this home

Pleased to present the Mesa Apartments, a 19-unit multifamily investment located in the supply-constrained Santee submarket of East San Diego County. The property features all 1,000 square foot two-bedroom/two-bathroom units built in 1981. The Mesa Apartments are extremely well parked with garages, carports and surface spaces alike, has laundry and a pool on site and has seen upkeep over the years. It is offered separately and/or in tandem with the adjacent 28 units located at 8546 Graham Terrace which it shares a lot line with. Conveniently situated near major retail corridors, employment centers, and key transportation routes including SR-52 and SR-125, the Mesa Apartments offers investors the opportunity to acquire a cash- flowing asset with massive rental upside. With current rents meaningfully below market, the property is well-positioned for continued rent growth in a submarket characterized by limited new supply and sustained renter demand.

🏠 HomeFax

Public-record history for this property.

🌊 Flood zoneX / Low/Medium Risk
📋 Assessed value$1,670,518
💵 Annual tax$21,772
🏫 School districtGrossmont Union High School District

MLS #260015868

🔥 Risk & insurability

🔥 Fire hazard zoneNot in a State-designated fire hazard zone
🌊 FEMA flood zoneZone X — minimal/moderate flood risk

FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ

🧮 Affordability calculator

Estimate your monthly payment. Adjust the numbers to fit your budget.

Down payment %
Interest rate %
Loan term (yrs)
Property tax %/yr
Home insurance %/yr
Estimated total monthly payment
$39,155
Principal & interest$31,603
Property tax$5,729
Home insurance$1,823
Down payment: $1,250,000Loan: $5,000,000

Estimates only — not a loan offer. Actual rates, taxes, and insurance vary. Talk with your agent and a lender for exact figures.