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R3 Zoned Multi-Unit Residential
For Sale
$990,000
Pending

7380 Mohawk st., La Mesa, CA 91942

Multi-unit residential property with development potential near SDSU and Grossmont.

Days on Market99

Property Features for 7380 Mohawk st.

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1942
Listing Agency:
Listed By: Ramin Karimi
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 31 at 8:21AM

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 Ramin Karimi

Investment Insights

Based on property information with market context.

This property is zoned R3 (Multi-Unit Residential) and currently features 2 rented units. There is potential to add 3 more units. The property offers steady rental income and presents significant growth opportunities. It is located near SDSU and Grossmont College, making it suitable for student housing. The property can continue as is or be developed further to maximize value. The walk score is 61, indicating it is somewhat walkable. The bike score is 35, indicating it is somewhat bikeable. The transit score is 48, indicating some transit options are available.

Key Highlights

  • R3 Multi‑Unit Residential Zoning allows for potential development of up to 5 units.
  • Currently configured as a 2‑unit rental property providing immediate income.
  • Significant growth opportunities for investors or those seeking income property.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Parking Lot & Garage Grocery & Convenience Store (Bike/Boat/Book/etc) Store Food Market Furniture & Home Goods Electrical Service

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

Location Intelligence

Trade Area within ½ mile

1,610
Businesses Nearby

Demographics for 91942, CA

40,813
Population
18,488
Households
2.2
Avg Household Size
39
Median Age
38%
College-Educated
94%
High-School Grad
5.8 sq mi
ZIP Area
7,037
Density / Sq Mi
$81,262
Median Household Income
$57,064
Median Earnings
$1,934
Median Rent
$689,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Apartment building - Multi-unit residential property with development potential near SDSU and Grossmont.
Where is this apartment building located?
The property is located at 7380 Mohawk st. La Mesa, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: R3 Multi‑Unit Residential Zoning allows for potential development of up to 5 units.; Currently configured as a 2‑unit rental property providing immediate income.; Significant growth opportunities for investors or those seeking income property.
More about this property
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