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MLS® ID: 190056313

9420 Water St

La Mesa, California, 91942

$869,500 ACTIVE
  • 9 Beds
  • 2 Baths
  • 1680 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
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Listing courtesy of The Local Realty Inc.

Amenities

  • Full baths
    2
  • Half baths
    0
  • Full Baths Range
    2 Baths
  • Total Baths
    2
  • Zip
    91942
  • Office name
    The Local Realty Inc.
  • SQFT
    1680
  • Bedrooms
    9
  • Property type
    Detached
  • Zoning type
    R-1:SINGLE
  • Year built
    1962
  • Lot size
    7,500-10,889 SF
  • Sewer
    Other/Remarks
  • Heating
    Other/Remarks
  • Agent name
    Patrick Hale
  • Purchase Type
    Active
  • HOA fees
    $ 0
  • Price Range
    $800k-$900k
  • Square Feet Range
    1500-2000 sq ft.
  • Bedrooms Range
    9 Beds
  • Year Built Range
    1989 (and earlier)
  • Office ID
    31922
  • Agent ID
    809011

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