Homes La Mesa 91941 8969 Grossmont Blvd

$6,995,000

8969 Grossmont Blvd

La Mesa, CA 91941

Sale Active
34beds
22baths
15,128ft²

Listing agent: Eric D Comer, Eric D. Comer, Broker

Last updated Sep 22, 2026, 10:49 AM

Original list price $7,500,000

Key details

98 Days on market
— Year built
$462 Price / ft²
— Lot ft²

About this home

$500,000 Price Reduction! The offering presents the opportunity to acquire a highly renovated 22-unit multifamily community located in the City of La Mesa, California. The property features a well-balanced unit mix of ten (10) 1-bedroom/1-bath units and twelve (12) 2-bedroom/1-bath units, all of which have been extensively upgraded with modern interior finishes. Notably, all 2-bedroom units are equipped with in-unit washer/dryers, a highly desirable amenity in the submarket. Since 2022, current ownership has invested approximately $1.2 million in capital improvements and interior renovations. These upgrades include fully remodeled unit interiors, exterior enhancements, and targeted improvements to select building systems. The property has been successfully repositioned as a stabilized, turnkey asset. The property benefits from strong regional accessibility, with direct access to Interstate 8 and State Route 125, as well as proximity to public transit. Two trolley stations are located within one mile of the property and are serviced by the Orange Line, providing convenient connectivity to Downtown San Diego and beyond. Foothill Manor represents an opportunity to acquire a fully renovated, institutionally upgraded multifamily asset located in a supply-constrained submarket with strong long-term rental demand fundamentals.

Features

  • Owned
  • Wall
  • Wall/Window

Home facts

TypeCom-Res Income
StatusActive
ListedJul 9, 2026
MLSSDMLS #260016931
CountySan Diego

Price history

Price history
DateEventPrice
Jul 9, 2026 Listed $7,500,000
— Current list price $6,995,000

Monthly payment

Estimate only. The rate, tax, and insurance figures are editable placeholders, not a lender quote.

$43,822.86 per month
  • Principal and interest $35,370.53
  • Property tax $6,412.08
  • Insurance $2,040.25
  • HOA $0.00

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