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Multifamily Building with On-Site Laundry
For Sale
$2,495,000

4415 Rosebud Ln, La Mesa, CA 91941

Apartment building with studio, one- and two-bedroom units, covered parking with storage, and on-site laundry.

Days on Market14

Property Features for 4415 Rosebud Ln

General Information

Standard status Active
Property subtype Commercial

Additional Details

Cap Rate 5.54%
Highway Access Yes
Multifamily Units 10

Building Details

Tenancy Multi
Listing Agency: ACI Apartments
Listed By: Christina Labowicz · License #02055851
Source: Elliman
Added: Jul 19 Changed: Jul 20 Last Checked: Aug 1 at 8:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of ACI Apartments

Investment Insights

Based on property information with market context.

4415 Rosebud Lane is a multifamily apartment building with 10 La Mesa units, including four studios, four 1BR units, and two 2BR units. The property offers parking for every apartment, along with covered parking with storage and on-site laundry. Recent capital improvements include a new roof, upgraded electrical service and panels, and completion of SB 721 work with new stairs, railings, and catwalks.

The asset is located near La Mesa Village, with access to shopping, parks, transit, and freeway connections. Current performance reflects an 11.15 GRM and a 5.54% cap rate, with projected performance of a 10.33 GRM and 6.23% cap rate as leases roll and allowable rent increases are implemented.

Key Highlights

  • 10‑unit La Mesa apartment building with a mix of four studios, four 1BRs, and two 2BRs
  • 5.54% current cap rate with projected performance up to a 6.23% cap rate as leases roll and rent increases are implemented
  • Approximately $109,000 in recent capital improvements including a new roof and upgraded electrical service/panels

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Tattoo & Piercing Shop Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

10
Residential units
Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

1,594
Businesses Nearby

Demographics for 91941, CA

33,895
Population
13,250
Households
2.6
Avg Household Size
41
Median Age
46%
College-Educated
95%
High-School Grad
8.2 sq mi
ZIP Area
4,134
Density / Sq Mi
$111,607
Median Household Income
$53,995
Median Earnings
$2,067
Median Rent
$884,800
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building with studio, one- and two-bedroom units, covered parking with storage, and on-site laundry.
Where is this apartment building located?
The property is located at 4415 Rosebud Ln La Mesa, CA.
What is the asking price?
The asking price for this property is $2,495,000.
What are key features of this property?
This property features: 10‑unit La Mesa apartment building with a mix of four studios, four 1BRs, and two 2BRs; 5.54% current cap rate with projected performance up to a 6.23% cap rate as leases roll and rent increases are implemented; Approximately $109,000 in recent capital improvements including a new roof and upgraded electrical service/panels
More about this property
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