4280-84 Schoolridge Ln La Mesa, CA ^$ 2,500,000

4280-84 Schoolridge Ln

^$ 2,500,000

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4280-84 Schoolridge Ln

La Mesa, CA, 91941

^$ 2,500,000

Studio Baths0.0 Sq 6,500

Monthly Estimate*

^$ 15,393

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Studio

Multi-Family Home for sale in La Mesa, CA

for $2,500,000. This home is 6,500 square feet.

Palm Tree Properties is pleased to present an 8-unit multifamily property located in La Mesa, California. The property consists of (7) two-bedroom units and (1) one-bedroom unit within a single apartment complex constructed in 1958. The asset is 100% occupied and currently operated with a RUBS program in place, allowing for reimbursement of utility expenses. Seven of the eight units have been renovated, with one remaining unit providing additional value-add potential through renovation and rent alignment. At the current level of operations, the property is performing at an estimated 5.23% cap rate. The combination of stabilized occupancy, recent unit upgrades, and partial renovation completion offers a balanced profile of in-place income with remaining upside. The property is located in an established La Mesa rental submarket with consistent demand for two-bedroom units and proximity to major transportation corridors, retail, and employment centers. Additional financial details, rent roll, and underwriting assumptions are available upon request in the Offering Memorandum.

Multi-Family Active

Price

^$ 2,500,000

Bedrooms

Studio

Property Type

Multi-Family

Taxes

^$ 0

Style

Com-Res Income

Town/City

La Mesa

County/Region

San Diego

MLS | Web ID

2600350

Features

General

Heating Wall

Construction Materials Community Facilities

Year Built 0

Stories Count 2

Levels 2 Story

Property Subtype Com-Res Income

County San Diego

Operating Expense 61.0

New Construction N

Property Type Residential Income

HOA N

Attached Garage N

Status ACTIVE

City La Mesa

Senior Community Y/N N

Number Of Units Total 8

MLS Area East County

Lot Size Units Acres

Property Attached Y/N N

Structure Type Free Standing

Building Area Units Sqft

Living Area Units Sqft

Standard Status Active

Freehold IDX

Interior

Flooring Vinyl

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Half Baths 0

Laundry Features Owned

Total Bedrooms 0

Total Baths 0

Exterior

Parking Features Spaces

Lot Size Area 0.0

Number of Buildings 1

Building Area Total 6500.0

Waterfront Y/N N

* Excluded Features

List By

Jensen I Escobar

Listing Agent

Palm Tree Properties

Broker

(510) 314-3718

Phone

Affordability Calculator

$15,393

Per Month

Monthly Principal & Interest: $15,393
Monthly Property Taxes: --
Monthly Home Insurance: --

Set your offer price

Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Multi-family listings in La Mesa, CA

Average List Price ^$1,806,850

Percent of Sale Price 28%

About La Mesa, CA

59,264 Population

8% Since 2002

^$60,546 Median Income

38.47 Median Age

25% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

281193 Elementary School

281006 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
1/6/2026	$2,500,000		Listed Price

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4280-84 Schoolridge Ln, La Mesa, CA, 91941 is a Multi-Family Home for sale at $2,500,000 with 6,500 sqft. 4280-84 Schoolridge Ln is a studio with 0.0 baths. The property's zip code is 91941 which is in La Mesa, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of The Internet Data Exchange Program of San Diego Multiple Listing Service, Inc.

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service, Inc. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright.

Data is updated as of 1/7/2026.

CA BRE #019180026.

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4280-84 Schoolridge Ln

Multi-Family Home for sale in La Mesa, CA

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