Homes for sale - 4771 68th ST, La Mesa, CA 91942

Additional details

JLee Broker

[email protected] +1(650) 857-1000

Listed by Lynnor Anderson • Realty ONE Group Pacific

$1,995,000

Est. payment - /mo

0.3 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Fourplex

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRPT25044811

Originating Board California Regional MLS

Year Built 1980

Lot Size 0.300 Acres

Property Sub-Type Fourplex

Property Description

This one has it all! A rare investment opportunity to own 4 completely renovated move-in units with a lot that can allow for future development. Located in one of the most loved neighborhoods in La Mesa. Quick access to freeways, schools, SDSU, and shopping. Strong rents and great tenants in place now. The main home is a single-story with a detached 2-car garage and a spacious backyard with a pool. Perfect for an owner-occupant buyer using VA or FHA financing. Gain immediate rental income while offsetting your payment. You have three units in addition to the home. A 2/1 rented at $2,600. Along with 2 1/1's rented at $1,750 and $1,512 a month. The main home's rental potential is $5,300. With all 4 units rented you could bring in as much as $11,162 a month, $133,944 a year! This property has everything investors search for: updated units, spacious interior and exterior spaces, long-term appreciation, and the ability to develop more units down the road. Or convert the 2 car garage into an additional unit now. This property offers you a multitude of options. Be sure to ask for the offering memorandum with all the financial and property details. That way you get a full breakdown of the numbers and why this property checks off all the boxes for your investment portfolio.

Location

State CA

County San Diego

Area 91942 - La Mesa

Rooms

Kitchen Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator

Interior

Heating Wall Furnace

Cooling None

Flooring Laminate

Laundry 30, 9

Exterior

Parking Features Garage, Common Parking Area, RV Access, Off-Street Parking, Other, Room for Oversized Vehicle

Garage Spaces 8.0

Pool Pool - In Ground, 31, Pool - Yes, Pool - Fenced

View None

Roof Type Composition

Building

Foundation Raised, Concrete Slab

Water Hot Water

Others

Tax ID 4683402600

Special Listing Condition Not Applicable

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JLee Broker

+1(650) 857-1000

Broker | License ID: 00851314

Broker License ID: 00851314

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4771 68th ST La Mesa, CA 91942

JLee Broker

Key Details

Location

Rooms

Interior

Exterior

Building

Others

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