LA MESA, CA - Colliers International San Diego Region announces the sale of the Villa Alta Vista Apartments, a 24-unit multi-family property located at 7575 El Cajon Blvd, La Mesa, CA (91942), for $4,250,000 ($177,083/unit).
Peter Scepanovic and Corey McHenry of Colliers International San Diego Region’s Multi-Family Advisory Group represented the buyer, WVI Investors, LLC. The seller was Vista International, Inc.
The Villa Alta Vista Apartments were constructed in 1949 and are comprised of 12 one-bedroom and 12 two-bedroom units. The property features onsite laundry facilities, off-street and private parking, and upgraded interior finishes.
“La Mesa is a premier East County San Diego community,” said Peter Scepanovic, Senior Vice President and leader of the Multi-Family Advisory Group at Colliers International San Diego Region. “Villa Alta Vista is opportunity for a long-term investor to participate in the evolution and further urbanization along El Cajon Blvd in the neighborhood.”