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Multifamily Building with On-Site Laundry

4415 Rosebud Ln La Mesa, CA 91941

New
4415 Rosebud Ln, La Mesa, CA, 91941
$2,495,000
For Sale
$2,495,000

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

Days on Market3

Property Features for 4415 Rosebud Ln

General Information

Standard status
Active
Property subtype
Commercial
Listing agency ACI Apartments
Listed by Christina Labowicz · License #02055851
Source Elliman
Added: Jul 19 Updated: Jul 20 at 11:18PM Checked: Jul 21 at 6:27AM

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

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Parking Lot & Garage (Bike/Boat/Book/etc) Store Storage Facility Tattoo & Piercing Shop (Bike/Boat/Book/etc) Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store & Service Travel Agency

Zoning and permitted uses should be independently verified with local authorities.

FAQs

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
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