9 Beds

2 Baths

1,680 SqFt


Rare opportunity to own a fully leased Senior Independent Living Facility (no license required) with $64,725 in Net Income. This is one of 8 available Senior Living properties in San Diego County & can be sold separately from the portfolio at $899,500 (7.2% Cap Rate). Bulk portfolio price is $6.835M (9.4% Cap Rate) which includes 8 single-family homes, business & systems with access to $3.5M in Assumable financing. The portfolio generated $824,495 Gross Income & $645,651 in Net Operating Income in 2018 Neighborhoods: La Mesa Other Fees: 0

Property Details
Price $869,500
Bedrooms 9
Full Baths 2
Total Baths 2
Lot Size Area 7600
Lot Size Area Units Square Feet
Acres 0.17
Property Type Residential
Sub Type SingleFamilyResidence
Stories 1
Year Built 1962
Subdivision La Mesa
Roof See Remarks
Heating See Remarks
Laundry Features See Remarks
Pool features None
Parking Description Concrete
Parking Spaces 2
Garage spaces 2
Geographic Data
Directions Cross Street: amaya.
County San Diego
Latitude 32.784728
Longitude -116.994097
Address Information
Address 9420 Water St, La Mesa, CA 91942
Postal Code 91942
City La Mesa
State CA
Country United States
Listing Information
Listing Office The Local Realty Inc.
Listing Agent Patrick Hale
MLS Information
Days on market 38
MLS Status Active
Listing Date Oct 11, 2019
Listing Last Modified Nov 18, 2019
Tax ID 4867711200
MLS # 190056313

This information is believed to be accurate, but without any warranty.