4771 68th Street, La Mesa, CA 91942

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Kevin Silverstein

[email protected] +1(619) 203-7041

$1,995,000

Est. payment - /mo

8 Beds

5 Baths

0.3 Acres Lot

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision La Mesa

MLS Listing ID PT25044811

Bedrooms 8

HOA Y/N No

Lot Size 0.300 Acres

Property Sub-Type Res Income 2-4 Units

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.
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

Community La Mesa

Area La Mesa (91942)

Zoning Assessor

Exterior

Exterior Feature Stucco

Pool Below Ground, Private

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 2

Level or Stories 2 Story

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Virtual Tour https://www.wellcomemat.com/video/578tcedbca961m16g/LMSA/CA/91942/68th/PT25044811/

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Listed by Lynnor Anderson • Realty ONE Group Pacific

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Kevin Silverstein

+1(619) 203-7041

Realtor | CA BRE #02098925

Realtor CA BRE #02098925

San Diego Communities

4771 68th Street La Mesa, CA 91942

Kevin Silverstein

Key Details

Location

Exterior

Building

Others

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