$3,960,000

Estimated payment $25,432/month

Total Views 24,334
-- Bed
-- Bath
10,368 Sq Ft
$382 Price per Sq Ft

About This Home

Waite Townhomes, located at 7125 Waite Drive in La Mesa, California, is a well-positioned twelve-unit townhome community offering a rare and highly desirable all–two-bedroom, one-and-a-half-bath floor plan configuration. The property consists of two six-unit buildings situated on a 21,104 square foot (±0.48-acre) lot, with twenty-six parking spaces arranged in thirteen tandem stalls, providing ample on-site parking for residents. Each townhome measures approximately 865 square feet and features a private rear patio, creating a more residential, single-family feel that appeals to long-term tenants and families seeking space, privacy, and outdoor living. The townhome-style layout, combined with uniform unit mix and generous square footage, supports stable tenancy and reduced turnover compared to traditional apartment product. Originally constructed in 1972, Waite Townhomes has been well maintained and thoughtfully improved, with eleven of the twelve units renovated to include upgraded interiors. Significant recent capital investment enhances the property’s long-term durability and operating efficiency, including a new roof installed in 2021, replacement of all windows and sliding glass doors in 2022, and over $300,000 in capital expenditures completed in 2025.

Listing Agent

Bill Anderson

Acre Investment Real Estate License #01441142 Listed on: 01/24/2026

Co-Listing Agent

Anthony Scalzo

Acre Investment Real Estate License #02305806

Property Details

Home Type

  • Multi-Family

Parking

  • Parking Available

Home Design

Interior Spaces

  • 10,368 Sq Ft Home
  • 2-Story Property

Utilities

  • Cooling System Mounted To A Wall/Window

Community Details

Overview

  • 2 Buildings
  • 12 Units

Building Details

  • Operating Expense $110,369

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 69201
  • Co List Office Mls Id: 69201
  • Living Area: 10368.0
  • FeedTypes: IDX
  • RFModificationTimestamp: 2026-07-15T21:10:05Z
  • FullAddress: 7125 Waite Drive
  • ShortSale: No
  • Special Features: VirtualTour

Garage/Parking

  • Parking Features: Spaces

Utilities

  • Cooling: Wall/Window
  • Laundry Features: Owned

Multi Family

  • Number Of Buildings: 2
  • Number Of Units Total: 12
  • Annual Operating Expense: 110369.0

Map

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Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2026 $46,258 $3,323,281 $1,656,120 $1,667,161
2025 $46,258 $3,258,120 $1,623,648 $1,634,472
2024 $43,303 $3,194,236 $1,591,812 $1,602,424
2023 $41,412 $3,131,604 $1,560,600 $1,571,004
2022 $41,598 $3,070,200 $1,530,000 $1,540,200
2021 $41,137 $3,010,000 $1,500,000 $1,510,000
2020 $36,936 $2,519,400 $1,499,400 $1,020,000
2019 $17,687 $1,014,294 $659,708 $354,586
2018 $17,764 $994,407 $646,773 $347,634
2017 $17,429 $974,910 $634,092 $340,818
2016 $17,207 $955,795 $621,659 $334,136
2015 $16,042 $941,439 $612,322 $329,117
2014 $15,364 $922,999 $600,328 $322,671
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
01/24/2026 01/24/26 For Sale $3,960,000 -- $382 / Sq Ft
Source: San Diego MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Grant Deed $3,010,000 First American Ttl San Diego
Grant Deed -- Chicago Title Company
Grant Deed $2,470,000 Chicago Title Company
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- None Available
Interfamily Deed Transfer -- New Century Title
Deed $615,000 --
Deed $440,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $2,200,000 Commercial
Previous Owner $2,415,000 Commercial
Previous Owner $1,852,500 Commercial
Previous Owner $2,275,000 Unknown
Previous Owner $2,025,000 Negative Amortization
Previous Owner $900,000 Unknown
Source: Public Records

Source: San Diego MLS

MLS Number: 260002628

San Diego MLS

APN: 474-570-03-00

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