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6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
6935 Hoffman Ave
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$3,390,000

6935 Hoffman Ave

16 Beds 3 Baths 6,145 Sq.Ft. 0.72 Acres

Description

Exceptional La Mesa 8-unit multifamily opportunity. 6935 Hoffman Ave. + 3979-89 King St. delivers consistent in-place income supported by a strong unit mix and long-term tenancy. The improvements include (1) 3-bedroom / 1-bath home, (1) 1-bedroom / 1-bath home, and (6) 2-bedroom / 1-bath units across three duplex structures. All units are single story and feature newer appliances and private fenced backyards. The duplex structures have been extensively renovated down to the studs, including major capital improvements such as newer roofs, plumbing, electrical, and related systems. These upgrades materially reduce near-term capital expenditure exposure and provide a more predictable ownership profile. From a location standpoint, the property is situated on a large .72 acre corner lot and benefits from a well-connected La Mesa setting. Ideally located near La Mesa Village, Grossmont Center, public transit, and major freeway access providing convenient regional connectivity throughout San Diego County. The asset is also positioned within close proximity to San Diego State University, further supporting long-term rental demand in the surrounding area. Altogether, the property offers a compelling combination of stable income, limited near-term capital needs, and a highly accessible East County location.

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Location

6935 Hoffman Ave, La Mesa, CA 91941

Status

For Sale
Daniel Fefferman

Daniel Fefferman

TITLE

Founder | Broker Associate

Property Amenities

Interior
Total Bedrooms: 16
Full Bathrooms: 8
Area & Lot
Total area 6,145 Sq.Ft.
Lot Area 0.72 Acres
Living area 6,145 Sq.Ft.
MLS® ID 260008555
Type Multi-Family
Status For Sale
Exterior
Stories 1
Finance
Sales Price $3,390,000
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