4818 4832 1/2 Palm Avenue
La Mesa, CA 91942
Map
- – beds
- – baths
- – sqft
- 16,181 sqft lot
- 1946 build
- – on site
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! La Mesa Village is also home to the La Mesa Oktoberfest, Holiday in the Village, Taste of La Mesa Village and the La Mesa Classic Car Show! A chance to own an established complex, with long term tenants and strong rent rates. Or, the potential opportunity to create something new and expansive in a growing San Diego hotspot. All roofs replaced 2023/2024. Whole property painted 2023. Interior photos are of most recent vacancies. Many long term tenants, as long as 25 years. Existing electrical utilizes fuses. Recent upgrades have been made, but more may be desired. Raised walkways have not been certified in compliance with the upcoming AB-2579 2026 deadline. Property to be sold on an “as-is, where-is” basis. All information provided is deemed reliable, but not guaranteed. Buyer and Buyer's agent to verify all information, including but not limited to zoning and development potential, prior to COE.
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Last updated Jun 7, 2025
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MLS# PTP2504161 —
The Building
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Year Built:1946
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New Construction:No
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Construction Materials:Frame, Plaster, Wood Siding
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Building Area Total:9408.00
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Building Area Units:Square Feet
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Total Number Of Units:16
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# of Buildings:4
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Architectural Style:Craftsman
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Roof:Composition, Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:16
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# of Separate Water Meters:2
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# of Separate Electric Meters:16
Interior
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Entry Location:1
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Window Features:Double Pane Windows
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Number Wall AC:16
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Fireplace:No
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Laundry:Common Area, Community
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Laundry:1
Location
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Latitude:32.76651176
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Longitude:-117.01880240
The Property
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Property Type:Residential Income
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Zoning:Parcel 494-251-16-00 zoned CD-D Parc...
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Lot Features:0-1 Unit/Acre, Lot 10000-19999 Sqft, Level, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers In Front, Utilities - Overhead, Value In Land, Walkstreet
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Lot Size Area:16181.0000
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Lot Size Acres:0.3715
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Lot Size SqFt:16181.00
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Lot Size Source:Public Records
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Fence:No
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Road Frontage:Maintained, City Street
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Property Attached:1
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Additional Parcels:Yes
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Additional Parcels Description:4942511500
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Tract:149.02
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Tax Lot:20 & 21
The Listing
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Special Listing Conditions:Standard
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Parcel Number:4942511600
Heating & Cooling
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Heating:1
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Heating:Natural Gas, Wall Furnace
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Sewer:Public Sewer
Appliances
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Appliances:Free-Standing Range, Freezer, Gas Cooking, Gas Oven, Gas Range, Gas Water Heater, Refrigerator, Water Heater
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Included:Yes
The Community
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Neighborhood:La Mesa Village
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Park Name:Palm Villa
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Features:Curbs, Sidewalks, Street Lights, Urban
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Assessments:Yes
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Assessments:Buyer to Verify, Unknown
Parking
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Parking:Yes
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Parking:Concrete, Garage, Garage - Single Door, On Site, Parking Space, Private, Unassigned
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Parking Spaces:26.00
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Garage Spaces:14.00
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Uncovered Spaces:12.00
Extra Units
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Number With Refrigerator:16
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/5/25
Jun 5, 2025
|
Listed / Active | CRMLS_CA | $4,650,000 |
