Waite Townhomes

7125 Waite Drive, La Mesa, CA 91941

Property Information

  • For Sale $3,960,000
  • Property Type Multi-Family
  • Property Size 10,368 SF
  • Units 12
  • Lot Size 0.48 Acre
  • Parking Spaces Avail. 26
  • Year Built 1972
  • Year Renovated 2025
  • Date Updated Jun 6, 2026

Description

Waite Townhomes is ideally located in the heart of La Mesa, one of San Diego County’s most established and consistently desirable rental submarkets. Known as the “Jewel of the Hills,” La Mesa offers a blend of suburban charm, strong community character, and excellent access to employment, education, and entertainment centers throughout the region. The property benefits from proximity to San Diego State University, Grossmont Center, and Sharp Grossmont Hospital—three of East County’s largest employment and economic anchors. Residents enjoy immediate access to major transportation routes, including Interstate 8, SR-125, and SR-94, allowing for a short 15–20 minute commute to Downtown San Diego, Mission Valley, and Kearny Mesa business districts. The surrounding neighborhood is predominantly residential, characterized by well-maintained apartment communities and single-family homes, fostering a stable tenant base and low turnover. Nearby La Mesa Village offers a vibrant mix of local dining, shopping, and nightlife, complemented by weekly farmers markets and seasonal community events that enhance the area’s appeal. The city’s walkable environment, quality public schools, and abundance of parks and recreational amenities contribute to its enduring popularity among families and professionals alike. With limited new multifamily development due to land constraints and strong renter demand for townhome-style housing, La Mesa continues to experience steady rent growth and long-term value appreciation—making Waite Townhomes a highly attractive investment in a proven, supply-constrained submarket.

Highlights

  • 26 On-site parking spaces (13 tandem)
  • All 2-bedroom 1.5-bath townhomes
  • In-wall A/C in all units
  • Large Parcel ±21,104 SF lot (±0.48 acres)
  • Less than 4 miles to San Diego State University
  • Owned laundry
  • Private Patios

Contacts

Bill Anderson, MBA

ACRE Investment Real Estate Services

Location

Contact Listing Broker
Bill Anderson, MBA

ACRE Investment Real Estate Services

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