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Investment Highlights

  • High-impact value-add community for low- and moderate-income seniors (62+), one of only six affordable housing developments
  • Prime location adjacent to key healthcare providers, including  Concentra Medical Center located on the same block.
  • Highly walkable neighborhood with convenient access to major  shopping centers, dining, parks, outdoor recreation
  • Thoughtfully designed unit mix tailored for active adults, featuring  40 studio/1-bath and 41 one-bedroom/1-bath floorplans, with an average unit size
  • Robust amenities package includes a resort-style pool with  sundeck, spa, recreation room with cable/satellite TV, outdoor social gathering spaces
  • First Time on the Market - Sellers purchased this asset directly  from the developer and have owned and meticulously operated the property ever since.

Property Facts

Sale Type Investment
No. Units 81
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.32 AC
Building Size 69,807 SF
Average Occupancy 94%
No. Stories 3
Year Built 1986
Parking Ratio 0.82/1,000 SF
Zoning R4

Amenities

Unit Amenities

  • Air Conditioning
  • Balcony
  • Dishwasher
  • Heating
  • Kitchen
  • Refrigerator
  • Oven
  • Range
  • Tub/Shower
  • Freezer
  • Patio

Site Amenities

  • 24 Hour Access
  • Laundry Facilities
  • Pool
  • Spa
  • Gameroom
  • Package Service
  • Smoke Free
  • Public Transportation

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 40 $2,175 CAD 401
1+1 41 $2,447 CAD 500
Moderately walkable
60/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
470-112-25
Land Assessment
$2,726,561 CAD
Improvements Assessment
$4,089,847 CAD
Total Assessment
$6,816,407 CAD
  • Listing ID: 38072191

  • Date on Market: 2025-10-14

  • Last Updated:

  • Address: 5041 Guava Ave, La Mesa, CA 91942

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