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.
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Public-record history for this property.
MLS #260015868
🔥 Risk & insurability
FEMA National Flood Hazard Layer · CAL FIRE 2024 FHSZ
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