8969 Grossmont Blvd

La Mesa CA

List Price
$7,250,000
Days On Market
Bed
0 Bath
Image
SqFt
About the Property
$250,000 Price Reduction! The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

Book a Time

Featured Listings
Image
23 Bed | 18 Bath
$5,300,000

1800 W Glencrest Avenue

Anaheim CA
Image
20 Bed | 20 Bath
$1,250,000

15081 Van Buren Street

Midway City CA
Image
17 Bed | 17 Bath
$2,500,000

35025 -35065 Highway 79

Warner Springs CA
Image
16 Bed | 16 Bath
$19,950,000

39250 Ortega Highway

San Juan Capistrano CA
Image
14 Bed | 6 Bath
$4,000,000

758 W 20th Street

Costa Mesa CA
Image
13 Bed | 13 Bath
$3,725,000

504 Clay Avenue

Huntington Beach CA
Image
12 Bed | 20 Bath
$59,000,000

24331 Coto de Caza Drive

Coto de Caza CA
Image
12 Bed | 10 Bath
$1,599,000

1341 BOYLE AVENUE A and B

Escondido CA
Image
11 Bed | 4 Bath
$5,995,000

517 Walnut Avenue

Huntington Beach CA
Image
11 Bed | 8 Bath
$1,350,000

1609 N Parsons Pl

Santa Ana CA
Image
11 Bed | 6 Bath
$3,450,000

384 E 16th Street

Costa Mesa CA
Image
10 Bed | 12 Bath
$16,888,888

12 Morning Dove

Laguna Niguel CA
Image
10 Bed | 17 Bath
$87,500,000

1900 Spindrift Dr

La Jolla CA
Image
10 Bed | 8 Bath
$100,000 /mo

32227 Coast Hwy

Laguna Beach CA
Image
10 Bed | 8 Bath
$95,000,000

32229 Coast Hwy

Laguna Beach CA
Image
10 Bed | 7 Bath
$2,100,000

116 -114 N Cornell

Fullerton CA
Image
9 Bed | 5 Bath
$6,498,800

1409 S Pacific Street

Oceanside CA
Image
9 Bed | 11 Bath
$2,798,000

3871 Hendrix Street

Irvine CA
Image
9 Bed | 11 Bath
$12,000,000

10 Old Ranch Road

Laguna Niguel CA
Image
9 Bed | 12 Bath
$12,995,000

21 Ridgeline Drive

Newport Beach CA
Image
9 Bed | 6 Bath
$5,499,900

5140 Los Robles Drive

Carlsbad CA
Image
9 Bed | 6 Bath
$3,850,000

10900 La Flor

Fountain Valley CA
Image
9 Bed | 7 Bath
$2,300,000

7571 Amazon Drive

Huntington Beach CA
Image
9 Bed | 9 Bath
$6,500,000

1512 14 Uno Verde Court

Solana Beach CA
Image
8 Bed | 10 Bath
$8,800,000

10219 Sunrise Lane

North Tustin CA
Image
8 Bed | 8 Bath
$13,995,000

2800 Ocean Front

Laguna Beach CA
Image
8 Bed | 5 Bath
$2,599,999

1925 Wallace Avenue

Costa Mesa CA
Image
8 Bed | 11 Bath
$4,500,000

26041 Spur Branch Lane

Laguna Hills CA
Image
8 Bed | 4 Bath
$1,650,000

4941 Gary St.

San Diego CA
Image
8 Bed | 6 Bath
$3,400,000

5821 Blueberry Street

Yorba Linda CA
Image
8 Bed | 5 Bath
$1,728,000

13611 Glenhaven Drive

Garden Grove CA
Image
8 Bed | 8 Bath
$12,500,000

56 Royal Saint George Road

Newport Beach CA
Image
8 Bed | 7 Bath
$2,300,000

3001 Inverness

Los Alamitos CA
Image
8 Bed | 8 Bath
$2,149,000

630 N Juniper Street

Escondido CA
Image
8 Bed | 8 Bath
$7,800,000

9450 La Jolla Farms Rd

La Jolla CA
Image
8 Bed | 6 Bath
$2,650,000

2446 2448 Sacada Cir

Carlsbad CA
Image
8 Bed | 6 Bath
$3,795,000

20784 Fortuna Del Norte

Elfin Forest CA
Image
8 Bed | 6 Bath
$2,185,000

8552 Bermuda

Westminster CA
Image
8 Bed | 4 Bath
$1,799,000

2563 N Falconer

Orange CA
Image
8 Bed | 4 Bath
$10,000 /mo

18 Rockrose Way

Irvine CA