4566 Date Avenue, La Mesa, CA 91941
Offer Price:
$2,785,000
Cap Rate:
4.25%
Price/SF:
$318.68
Price/Unit:
$362,500
Gross Building Area:
9,100 SF
Lot Size:
10,724 SF
Status:
Closed
Submarket:
Central
Property Type:
Apartments
Strategy:
Core
Imperial Gardens is a charming 8-unit apartment building situated at 4566 Date Avenue in the heart of La Mesa, California. This well-maintained property features a balanced mix of six spacious two-bedroom units and two generously sized three-bedroom units, providing comfortable living options for a variety of tenants. Nestled in a serene neighborhood, Imperial Gardens offers a peaceful retreat while being conveniently close to local amenities, shopping centers, and recreational facilities.
The apartments at Imperial Gardens have been partially renovated, offering a blend of modern updates and classic charm. The renovated units feature updated kitchens with contemporary appliances, refreshed bathrooms, and new flooring, creating a warm and inviting living space. These improvements enhance the overall aesthetic and functionality of the apartments, making them more appealing to potential tenants seeking a comfortable and stylish home.
Residents of Imperial Gardens benefit from the property's prime location in La Mesa, a vibrant community known for its friendly atmosphere and excellent schools. The area boasts a variety of parks, dining options, and entertainment venues, providing plenty of activities for individuals and families alike. Additionally, the building is conveniently located near major highways and public transportation, offering easy access to the greater San Diego area.
Listed By:
Aaron Bove
Senior Managing Director, Investments
aaron.bove@marcusmillichap.com
(858) 945-7094