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Trust Buys La Mesa Asset

LA MESA, CA-Robin Briones, trustee of the Robin Lynn Briones Living Trust, has picked up the Casa Comanche multifamily building for $170,000 per unit, which is one of the highest prices per unit ever paid here.

By Erin Cassin | Updated on November 24, 2003

LA MESA, CA-A trust has picked up a La Mesa multifamily property known as Casa Comanche for $170,000 per unit, marking one of the highest prices per unit ever paid for an apartment asset in the area.

The complex, which stands at 5025 Comanche Dr., houses a total of 10 three-bedroom, two-and-a-half bath units that rent for $1,395 per month, according to Craig Rubin of Rubin & Associates, who worked on the deal. Built in 1986, the property is a two-story, wood-frame and stucco building with a pitched roof and 10 one-car garages.

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