Residential Income Triplex
7361 - 7367 LA MESITA PL La Mesa, CA 91942
7361 - 7367 LA MESITA PL, La Mesa, CA, 91942
$1,399,995
For Sale
$1,399,995
MULTI_FAMILY - La Mesa, CA
Property Size3,360 SF
Lot Size0.27 Acres
Price / SF$416.67
Days on Market8
Property Features for 7361 - 7367 LA MESITA PL
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Zoning
- R-4:MULTIP
- Bedrooms
- 8
- Bathrooms
- 4
- Rooms
- Bathroom 4, Bathroom 1, Bedroom 1, Bedroom 4, Bedroom 6, Bedroom 8, Bedroom 3, Bedroom 7, Bathroom 2, Bedroom 5, Bedroom 2, Bathroom 3
- Standard status
- Active
- APN
- 469-212-23-00
- Size
- 3,360 SF
- Lot size
- 0.27 Acres
Building Details
- Year built
- 1950
- Floors in Building
- 1
- Number of units
- 3
- Roof type
- Composition
Listing agency
Cal State Realty Services
(858) 312-4905
Listed by
Justin B Roberts · License #01294574
(619) 851-1677
Added: Jul 16 Checked: Jul 23 at 6:06AM
MLS# 260017368
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This for-sale residential income property consists of a large detached 4-bedroom house with an optional 5th bedroom, along with two additional 2-bedroom units. Each unit features private driveways and off-street parking yards, and includes private laundry.
The 2-bedroom unit identified as 7367 was remodeled in 2024 with a new kitchen, flooring, and remodeled bath. The 4-bedroom house includes remodeled bathrooms, tile showers, and new carpet and paint.
Set on more than one-quarter acre, the property offers a straightforward multi-unit configuration designed for separate, self-contained living spaces.
The 2-bedroom unit identified as 7367 was remodeled in 2024 with a new kitchen, flooring, and remodeled bath. The 4-bedroom house includes remodeled bathrooms, tile showers, and new carpet and paint.
Set on more than one-quarter acre, the property offers a straightforward multi-unit configuration designed for separate, self-contained living spaces.
Key Highlights
- Detached house with optional 5th bedroom plus two additional 2‑bedroom units
- Over 1/4 acre lot; within 2.5 miles of SDSU and Mission Valley
- Each unit includes private driveway, off‑street parking, yard, and private laundry
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $90.7k | $27.00 |
| − Vacancy | −$4.7k | −$1.40 |
| EGI | $86.0k | $25.60 |
| − OpEx | −$25.8k | −$7.68 |
| NOI | $60.2k | $17.92 |
3,360 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$860.0K
$752.5K – $1.00M
NOI $60,202 @ 7.0% cap · market cap 4.30%
Second Best
Apartment 5plus
$797.5K
$697.9K – $930.5K
NOI $55,828 @ 7.0% cap · market cap 3.99%
Theoretical Best
Office A
$1.54M
$1.35M – $1.80M
NOI $107,761 @ 7.0% cap · market cap 7.70%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Triplexes
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FAQs
What type of property is this?
Triplex - Detached 4-bedroom home plus two 2-bedroom units, each with private driveways, off-street parking yards, and private laundry.
Where is this triplex located?
The property is located at 7361 - 7367 LA MESITA PL La Mesa, CA.
What is the asking price?
The asking price for this property is $1,399,995.
What are key features of this property?
This property features: Detached house with optional 5th bedroom plus two additional 2‑bedroom units; Over 1/4 acre lot; within 2.5 miles of SDSU and Mission Valley; Each unit includes private driveway, off‑street parking, yard, and private laundry
