Property Details
About this Property
This sale includes 2 parcels, located right in the heart of La Mesa Village. On each parcel sits 8 charming, craftsman style units for a total of 16 units. A great mix of 8 two bedroom / one baths, 4 one bedroom / one baths and 4 studios, as well as 14 garages (rented out separately) and leased laundry. Several units at market rate of $1995 for 2br, $1695 for 1br, $1595 for studios, but many below with room for increased revenue. This property presents a very unique opportunity for future development. Parcel 494-251-16-00 zoned CD-D, intended to accommodate development that permits high density and mixed use. Parcel 494-251-15-00 zoned R3. These parcels were originally one, but were split into two in 1966 and County Recorder states they can be combined again into one parcel per a combination request through SDARCC. La Mesa is building up! Located steps to the La Mesa Village which boasts shopping, dining, entertainment and transportation. More than a town, a lifestyle, with gyms, Pilates and yoga studios, Farmers' Market every Friday, trending restaurants and coffee shops. Just strolling distance away is the fully reimagined Collier Park which features brand new pickleball and tennis courts, playground, green spaces and covered areas for community gatherings, picnics and more!
MLS Listing Information
MLS #
CRPTP2504161
MLS Source
California Regional MLS
Interior Features
Appliances
Cooktop - Gas, Freezer, Other, Oven - Gas, Oven Range, Oven Range - Gas
Laundry
Community Facility
Cooling
Window/Wall Unit
Heating
Gas, Wall Furnace
Exterior Features
Roof
Composition, Shingle
Style
Craftsman
Parking, School, and Other Information
Garage/Parking
Common Parking Area, Garage, Other, Parking Area, Private / Exclusive, Garage: 14 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 4 | 16 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
4818 4832 1/2 Palm Ave is a Residential Income in La Mesa, CA 91942. This – square foot property sits on a 16,181 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $4,200,000 and was built in 1946. This address can also be written as 4818 4832 1/2 Palm Ave, La Mesa, CA 91942.
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This listing information is up-to-date as of December 06, 2025. For the most current information, please contact Jacqueline Cono-Clippinger, (619) 244-2558
