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 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 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 Jul 16, 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.
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 |
