7361 - 7367 LA MESITA PL La Mesa, CA 91942
MULTI_FAMILY - La Mesa, CA
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 3, Bedroom 5, Bedroom 4, Bedroom 3, Bedroom 6, Bathroom 2, Bathroom 4, Bedroom 1, Bedroom 8, Bedroom 7, Bathroom 1, Bedroom 2
- 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 agent Justin B Roberts License #01294574 (619) 851-1677
Listing office Cal State Realty Services 10509 Vista Sorrento Pkwy #400, San Diego, CA (858) 312-4905
Listing date May 28, 2026
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.
Located in a central La Mesa area, the property is within 2.5 miles of SDSU and Mission Valley. The site sits on over a quarter acre, providing room for the separate parking yards tied to each unit.
Designed for owner-occupants and income users alike, the layout supports living in one unit while renting the others. With private laundry and dedicated parking for each unit, the configuration can be appealing for college-focused leasing or long-term tenancy, depending on the operator’s approach.
Key Highlights
- 1950‑built detached property on over 1/4 acre in a central location within 2.5 miles of SDSU and Mission Valley
- Main home offers 4 bedrooms with an optional 5th bedroom, plus remodeled bathrooms, tile showers, new carpet, and paint
- Two additional 2‑bedroom units on private driveways with off‑street parking 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 |
