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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.

Property SizeContact for details
Days on Market190

Property Features for 7380 Mohawk st.

General Information

Standard status Pending
Property subtype Investment

Building Details

Year Built 1942
Stories 1
Units 2
Listing Agency: Pemberley Realty Inc.
Listed By: Ramin Karimi · License #02076734
Source: Elliman
Added: Apr 24 Changed: Oct 26 Last Checked: Oct 30 at 2:43PM

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 Pemberley Realty Inc.

Rey
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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

Who owns this building? See the owner, sales and loan history
Open Analytics

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025

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.
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