7425 Waite Dr, La Mesa, CA 91941 - Photo 1

1/1

$3,700,000

Sold
Closed
Multi-Family
2 Total Beds

1/1

Property Description

An exceptional investment opportunity in the heart of La Mesa! Boasting the lowest GRM in the vicinity while also offering 17%+ additional upside in rent! This rare 12-unit townhome-style multifamily property offers private yards or patios for every unit, ample parking, dual pane windows, upgraded flooring and new kitchen cabinets in many of the units. Ideally located with easy access to the 94 Freeway, this well-maintained asset is just minutes from shopping, dining, Home Depot, and the scenic Chollas Lake Park. See this link to the Offering memorandum: https://proposal.aciapartments.com/index.php?ProposalID=wBXmcttJPD3iuBtYIdytLVBeQQiP5Kqz5pbGBLO28sM&ContactID=Bd94YoB9Lwt6TBo5854AC6JtbAEkkyjFjYZqv377sEs#page-4885515

Full Property Details

Full Property Details for 7425 Waite Dr

General

Sold For: $3,700,000
Status: Closed
Type: Multi-Family
Source: SANDICOR
MLS ID: 250020927
Added to Site: 314 day(s) ago

Rooms

Bathrooms

Total Bathrooms: 1

Bedrooms

Total Bedrooms: 2

Parking

Total Spaces: 18
Parking Features: Spaces

Location

Area: LA MESA (91941)
County: San Diego

Structural Information

# Buildings: 1
Detached/Attached: Detached
Construction: Fully Landscaped
Stories/Levels: 2
Square Feet: 10,150
Sq. Ft. Source: Buyer to Verify, Tax Record
Living Area: 10,150 Sq. Ft.

Unit Information

Units in Building: 12

Lot Features

Lot Size (Acres): 0.44
Lot Size: .44

Financial Considerations

Operating Expenses: $114,552

Disclosures and Reports

Special Conditions: Call Agent
Property ID: 474-650-11-00

Listed by ACI Apartments (619) 299-3000, Christina M Labowicz
Sold by DP Properties (858) 876-5701, Dave Plutner

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Listing agent

— 7425 Waite Dr —

Christina M Labowicz

ACI Apartments

christina@aciapartments.com

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NMLS#: 1598647

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Schools

Schools serving 7425 Waite Dr

School Districts:Lemon Grove Elementary School District, Grossmont Union High School District

Name	Grades	Distance
Vista La Mesa Academy 3900 Violet Street, La Mesa, CA 91941	K-8	0.6 mi
Mount Miguel High School 8585 Blossom Lane, Spring Valley, CA 91977	9-12	2 mi

Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 7425 Waite Dr

Date

Details

Price

Change

Source

8/06/2025

Sold

$3,700,000

-9.73%

MLS

4/25/2025

Price Reduced

$4,099,000

-1.23%

MLS

3/07/2025

Listed

$4,150,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

1504 San Bernardino Ave, Spring Valley, CA 91977 - Photo 1

Just Listed

$905,000

1504 San Bernardino Ave Spring Valley, CA 91977

Single Family
Active
Updated 10 minutes ago

4
Beds
3
Total Baths
2,620
Sq. Ft.

2629 Bonita St, Lemon Grove, CA 91945 - Photo 1

Just Listed

$750,000

Open House

2629 Bonita St Lemon Grove, CA 91945

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
1,216
Sq. Ft.

734-738 Grand Ave, Spring Valley, CA 91977 - Photo 1

Just Listed

$1,299,999

734-738 Grand Ave Spring Valley, CA 91977

Multi-Family
Active
Updated 1 day ago

6
Total Beds

275 S Worthington Street #Spc 48, Spring Valley, CA 91977 - Photo 1

Just Listed

$260,000

Open House

275 S Worthington Street #Spc 48 #SPC 48 Spring Valley, CA 91977

Mobile Home
Active
Updated 1 day ago

2
Beds
2
Total Baths
1,996
Sq. Ft.

8753 Spring Canyon Dr, Spring Valley, CA 91977 - Photo 1

Price Reduced

-$24,999 (-3.85%)

$625,000

8753 Spring Canyon Dr Spring Valley, CA 91977

Townhouse
Active
Updated 19 hours ago

3
Beds
3
Total Baths
1,226
Sq. Ft.

8365 Broadway, Lemon Grove, CA 91945 - Photo 1

Price Reduced

-$40,000 (-7.42%)

$499,000

8365 Broadway #27 Lemon Grove, CA 91945

Townhouse
Active
Updated 3 days ago

2
Beds
2
Total Baths
1,184
Sq. Ft.

1606 Sangamon Ave, Spring Valley, CA 91977 - Photo 1

Price Reduced

-$50,000 (-9.11%)

$499,000

1606 Sangamon Ave Spring Valley, CA 91977

Single Family
Active
Updated 38 minutes ago

7
Beds
4
Total Baths
3,223
Sq. Ft.

10865 Charing Cross Rd, Spring Valley, CA 91978 - Photo 1

Price Reduced

-$10,000 (-1.18%)

$839,000

10865 Charing Cross Rd Spring Valley, CA 91978

Single Family
Active
Updated 1 hour ago

4
Beds
3
Total Baths
2,244
Sq. Ft.

7630 Normal, La Mesa, CA 91941 - Photo 1

Sold

$3,400,000

7630 Normal La Mesa, CA 91941

Apartment
Closed
Updated 4 days ago

1
Bed
3
Total Baths
7,735
Sq. Ft.

727 Anastasia Ct, El Cajon, CA 92020 - Photo 1

Sold

$3,600,000

727 Anastasia Ct El Cajon, CA 92020

Single Family
Closed
Updated 7 days ago

3
Beds
3
Total Baths
1,521
Sq. Ft.

1096 Sumner Pl, El Cajon, CA 92021 - Photo 1

Sold

$3,400,000

1096 Sumner Pl El Cajon, CA 92021

Townhouse
Closed

3
Beds
3
Total Baths
1,680
Sq. Ft.

7425 Waite Dr, La Mesa, CA 91941 (MLS# 250020927) is a Multi-Family property that was sold at $3,700,000 on August 06, 2025. Want to learn more about 7425 Waite Dr? Do you have questions about finding other Multi-Family real estate for sale in La Mesa? You can browse all La Mesa real estate or contact a Coldwell Banker agent to request more information.

7425 Waite Dr La Mesa, CA 91941