Listed by Maxwell Brown, Commercial Asset Advisors
$5,300,000
Original price: $5,449,000
- 24 Beds
- 32 Baths
- 12,356 sqft (on 0.31 acres)
7025 Boulevard Dr, La Mesa, CA 91941
Est. Mortgage $33,026/mo*
Get Pre-QualifiedHome Highlights
Multi-Family
Built in 1956
0.31 acre lot
$429/sqft
20 Parking Spaces
Local Information
-- mins to
About this House
$250k Price Reduction !!! 7025 Boulevard Dr offers a renovated, turnkey, and desirable 20-unit garden style asset with immediate cashflow, remaining rental upside, and major infrastructure system improvements. The property is ideally situated near major transportation corridors, steps away from the amenity and retail filled University Ave, and provides seasoned investors with the “Golden Standard” Class B location asset known to provide the strongest aggregate return and operational profile. Current ownership has completed significant capital improvements, eliminating all deferred maintenance and substantially reducing future expenses. Improvements include renovation of 16 units, major electrical system replacement, brand new pitched roofs, epoxy-lined sewer mains, dual-pane windows, and numerous interior and exterior enhancements. The property consists of an ideal & diverse unit mix of (8) 2 Bed / 1 Bath, (8) 1 Bed / 1 Bath, and (4) Studio units. The property further provides an attractive 1:1 parking ratio and gated access. Ownership will benefit from meaningful economies of scale while maintaining the operational simplicity of a low-density garden style asset. The asset currently generates $463,138 GSI yielding a 5.37% in-place cap rate. There is approximately 12% income upside at conservative market rents to produce a forecasted $524,010 GSI and 6.23% market cap rate with minimal additional capital investment required. 7025 Boulevard Drive is strategically situated in what many seasoned San Diego multifamily investors consider the “Golden Standard” middle market location profile. The Property's Class B location provides the ideal balance between acquisition basis, tenant quality, and long-term rental demand, producing notably stronger returns than higher-priced Coastal San Diego submarkets and significantly less operational challenges associated with Class C location assets and tenants.
Home Details for 7025 Boulevard Dr
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Beds & Baths Number of Bedrooms: 24Number of Bathrooms: 32 |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling No CoolingNo Heating |
Fireplace & Spa No FireplaceNo Spa |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Number of Stories: 2Entry Location: street |
View No View |
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Exterior Home Features No Private Pool |
Parking & Garage Open Parking Spaces: 20No GarageParking Spaces: 20 |
Pool Pool: None |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
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Cumulative Days on Market: 81Days on Market: 92 |
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Year Built Year Built: 1956 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Attached To Another Structure |
Property Information Parcel Number: 4741700300 |
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Price List Price: $5,300,000Price Per Sqft: $429 |
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MLS Status: Active |
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Direction & Address City: La Mesa |
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Listing Agent Listing ID: PTP2604512 |
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Building Area Building Area: 12356 Square Feet |
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Community Features: Curbs, Hiking, LakeNot Senior Community |
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Association for this Listing: California Regional MLS (North San Diego County & Pacific Southwest AORs)HOA Fee: No HOA Fee |
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Lot Area: 0.31 acres |
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Special Conditions: Standard |
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Listing Terms: Conventional |
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Has Rent Control |
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Mls Number: PTP2604512Living Area Range Units: Square FeetAttribution Contact: mbrown@caacre.comUniversal Property Id: US-06073-N-4741700300-R-N |
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CurbsHikingLakeSource Internet Entire Listing Display |
Around this home
What Locals Say about La Mesa
At least 451 Trulia users voted on each feature.
92 % Say it's dog friendly
81 % Say car is needed
75 % Say there are sidewalks
72 % Say parking is easy
72 % Say there's holiday spirit
69 % Say it's walkable to restaurants
67 % Say it's walkable to grocery stores
66 % Say people would walk alone at night
65 % Say yards are well-kept
55 % Say it's quiet
53 % Say neighbors are friendly
51 % Say kids play outside
51 % Say they plan to stay for at least 5 years
50 % Say there's wildlife
50 % Say streets are well-lit
29 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in La Mesa
Last updated July 2026
Avg. sale price
$919K
$5KMoM
Sale-to-List Price
100.1%
0.2%MoM
Price per sq ft
$563
$4MoM
Available listings
189
14MoM
Home Value
Trulia Estimate
$5.01MSince last month
Increased$3K (+0.1%)Since last year
Decreased$275K (-5.2%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value decreased by -5% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $5.01M |
| August 2026 | $5.01M |
| June 2026 | $5.28M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
1.82 | Multi-Family Home | $4,200,000 | 09/23/25 | 19 | 17 | 9,408 | |
0.93 | Multi-Family Home | $934,650 | 11/05/25 | 6 | 4 | 2,573 | |
0.58 | Multi-Family Home | $1,380,000 | 05/26/26 | 5 | 3 | - | |
1.01 | Multi-Family Home | $1,069,000 | 02/23/26 | 4 | 2 | 1,922 | |
0.98 | Multi-Family Home | $1,050,000 | 06/16/26 | 5 | 3 | 1,962 | |
1.15 | Multi-Family Home | $1,432,500 | 01/22/26 | 6 | 5 | 2,848 | |
0.97 | Multi-Family Home | $1,350,000 | 11/25/25 | 6 | 4 | - | |
1.09 | Multi-Family Home | $1,335,000 | 12/15/25 | 7 | 3 | - | |
0.97 | Multi-Family Home | $1,150,000 | 03/06/26 | 4 | 2 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.04 | $693,000 | 2 | 1 | 806 | Off Market | |
0.04 | $799,000 | 3 | 2 | 1,312 | For Sale | |
0.05 | $725,000 | 3 | 2 | 1,330 | Recently Sold | |
0.05 | $864,700 | 4 | 2 | 1,188 | Off Market | |
0.09 | $784,200 | 3 | 1 | 945 | Off Market | |
0.10 | $682,400 | 3 | 1 | 792 | Off Market | |
0.09 | $812,500 | 2 | 1 | 806 | Off Market | |
0.08 | $769,800 | 2 | 1 | 1,112 | Off Market | |
0.10 | $805,000 | 3 | 1 | 1,418 | Recently Sold | |
0.10 | $1,993,700 | 2 | 1 | 5,020 | Off Market | |
0.13 | $712,000 | 2 | 1 | 1,014 | Recently Sold |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 31, 2026 Source: CRMLS #PTP2604512 | PriceChange | $5,300,000 Price decreased by 3% |
Jul 21, 2026 Source: CRMLS #PTP2604512 | PriceChange | $5,449,000 Price decreased by 0% |
Jun 11, 2026 Source: CRMLS #PTP2604512 | Listed For Sale | $5,450,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
Maxwell Brown, Commercial Asset Advisors

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-10 14:13:53 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-10 14:13:53 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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Frequently asked questions about 7025 Boulevard Dr
- What is the estimated monthly payment for 7025 Boulevard Dr?Based on a $5,300,000 list price with 20% down at today's rates, the estimated monthly payment for 7025 Boulevard Dr in La Mesa, CA is approximately $33,586 (about $28,343 principal & interest, $5,168 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- How does the list price for 7025 Boulevard Dr compare to homes in La Mesa?7025 Boulevard Dr in La Mesa, CA is listed at $5,300,000, about 477% above the $919K median sale price in La Mesa.
- What do residents say about La Mesa?Residents describe La Mesa, CA as dog-friendly, pedestrian-friendly, and easy to park in. See homes for sale in La Mesa, CA.
- What are the closest schools to 7025 Boulevard Dr?The closest schools to 7025 Boulevard Dr in La Mesa, CA are Lemon Grove Academy For The Sciences And Humanities (Middle, rated 4/10), Mount Miguel High School (rated 4/10), Vista La Mesa Academy (Elementary/Middle, rated 4/10).
- Does 7025 Boulevard Dr have laundry facilities?Yes, 7025 Boulevard Dr in La Mesa, CA has laundry facilities.
- Does 7025 Boulevard Dr have parking?Yes, 7025 Boulevard Dr in La Mesa, CA has on-site parking.
7025 Boulevard Dr, La Mesa, CA 91941 is a 24 bedroom, 32 bathroom, 12,356 sqft multi-family built in 1956. This property is currently available for sale and was listed by CRMLS on Jun 11, 2026. The MLS # for this home is MLS# PTP2604512.

