$2,463,861
SOLD JUN 20, 2025

8105-19 Lemon Ave La Mesa, CA 91941

16 Beds
8 Baths
6,480 Sq Ft
7,357 Sq Ft Lot

Recently Sold

$380 Per Sq Ft

10% Below List Price

16 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • No Heating

About This Home

As of June 2025

Discover an exceptional investment opportunity at 8105-19 Lemon Avenue, in the heart of La Mesa. This well-maintained, 8-unit apartment building offers eight nearly identical 2-bedroom, 1-bathroom units, ensuring consistent occupancy and simplified management. Situated in a highly desirable location, residents enjoy immediate access to a variety of dining and shopping options, as well as convenient freeway access for effortless commuting. This property boasts a proven track record of strong rental income and presents significant potential for future appreciation. Residents benefit from an on-site laundry room and each unit includes a dedicated storage area, adding to the property’s appeal. Capitalize on a prime location and a solid investment with this turn-key apartment building.

Last Agent to Sell the Property

Travis McAbee

Travis McAbee, Broker Brokerage Email: travism0503@gmail.com License #01855969 Listed on: 04/23/2025

Last Buyer's Agent

Bryce Mayer

Urban Sands Realty Inc. License #02167614

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,356 Sq Ft Lot
  • No Common Walls

Parking

  • 4 Open Parking Spaces
  • 4 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 6,480 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 16 Bedrooms
  • 8 Bathrooms

Additional Features

  • Urban Location
  • No Heating

Listing and Financial Details

  • Tax Lot 470-602-01-00
  • Tax Tract Number 994
  • Assessor Parcel Number 4706020100

Community Details

Overview

  • No Home Owners Association
  • 8 Units

Amenities

  • Laundry Facilities

Building Details

  • 8 Separate Electric Meters
  • 8 Separate Gas Meters
  • Insurance Expense $1,288
  • Professional Management Expense $569
  • Trash Expense $283
  • New Taxes Expense $799
  • Operating Expense $2,938
  • Gross Income $15,960
  • Net Operating Income $13,021

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

7,356 Sq Ft Lot

Parking

4

Listing Details

  • Assessments: No
  • CapRate: 5.80
  • Professional Management Expense: 568.75
  • Property Attached: No
  • View: No
  • Zoning: R-4:MULTIPLE RESIDENTIAL
  • Property Type: Residential Income
  • Parcel Number: 4706020100
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: No Common Walls
  • Appliances: No
  • Entry Level: 1
  • Price Per Square Foot: 380.23

Exterior Features

  • Fence: No
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 4.00
  • Parking: No
  • Total Parking Spaces: 8.00
  • Uncovered Spaces: 4.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Community
  • Sewer: Public Sewer
  • Trash Expense: 283.00

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains, Urban

Lot Info

  • Land Lease: No
  • Lot Features: Lot 6500-9999
  • Lot Size Sq Ft: 7356.00
  • Lot Size Acres: 0.1689

Multi Family

  • Gross Income: 15960.00
  • Gross Scheduled Income: 15960.00
  • Insurance Expense: 1288.00
  • Lot Size Area: 7356.0000 Square Feet
  • Net Operating Income: 13021.00
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 8
  • Number Of Units Total: 8
  • Operating Expense: 2938.00
  • Rent Control: No
  • Total Expenses: 2938.00

Tax Info

  • New Taxes Expense: 799.00
  • Tax Lot: 470-602-01-00
  • Tax Tract Number: 000994
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Property History

Date Event Price List to Sale Price per Sq Ft
06/20/2025 06/20/25 Sold $2,463,861 -10.4% $380 / Sq Ft
05/09/2025 05/09/25 Pending -- -- --
04/23/2025 04/23/25 For Sale $2,750,000 -- $424 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History

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
2025 $9,583 $621,532 $207,170 $414,362
2024 $9,583 $609,346 $203,108 $406,238
2023 $9,364 $597,399 $199,126 $398,273
2022 $9,280 $585,686 $195,222 $390,464
2021 $9,045 $574,203 $191,395 $382,808
2020 $8,869 $568,316 $189,433 $378,883
2019 $8,696 $557,173 $185,719 $371,454
2018 $8,530 $546,249 $182,078 $364,171
2017 $8,441 $535,539 $178,508 $357,031
2016 $8,290 $525,039 $175,008 $350,031
2015 $8,232 $517,154 $172,380 $344,774
2014 $8,051 $507,025 $169,004 $338,021
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: NDP2503931

California Regional Multiple Listing Service (CRMLS)
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