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

3,950 SqFt

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Key Details

Property Type Condo

Listing Status Active

Purchase Type For Sale

Square Footage 3,950 sqft

Price per Sqft $505

Subdivision La Mesa

MLS Listing ID PT25051250

Style All Other Attached

Bedrooms 8

Full Baths 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1980

Lot Size 0.300 Acres

Acres 0.3

Property Description

Own a beautiful home in one of San Diegos most loved neighborhoods, La Mesa. And do this while offsetting your mortgage with three income-producing rental units! The main home is a spacious single-story. Complete with a detached 2-car garage, private backyard, pool, and patio. Its move-in readyperfect for an owner-occupant using VA or FHA financing. Take advantage of the low down payment options they offer. And let rental income help cover your mortgage. The three additional rental units provide immediate income with the following potential: 2-bed, 1-bath (Upstairs Unit): Rented at $2,600/month 1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month 1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/month Total Rental Income from 3 Units: $5,862/month Main Homes Rental Potential: $5,300/month Full Rented Income Potential: $11,162/month ($133,944/year!) Located minutes from SDSU. Then there is the shopping, dining, top-rated schools, and freeways. This property is in an area with strong rental demand. Plus long-term appreciation potential. Oh and, theres room to add value by converting the 2-car garage into an additional unit. Request the full offering memorandum for financials and details. Video link available. Live in a great home, invest in your future, and build family wealth! All in one incredible property opportunity.
Own a beautiful home in one of San Diegos most loved neighborhoods, La Mesa. And do this while offsetting your mortgage with three income-producing rental units! The main home is a spacious single-story. Complete with a detached 2-car garage, private backyard, pool, and patio. Its move-in readyperfect for an owner-occupant using VA or FHA financing. Take advantage of the low down payment options they offer. And let rental income help cover your mortgage. The three additional rental units provide immediate income with the following potential: 2-bed, 1-bath (Upstairs Unit): Rented at $2,600/month 1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month 1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/month Total Rental Income from 3 Units: $5,862/month Main Homes Rental Potential: $5,300/month Full Rented Income Potential: $11,162/month ($133,944/year!) Located minutes from SDSU. Then there is the shopping, dining, top-rated schools, and freeways. This property is in an area with strong rental demand. Plus long-term appreciation potential. Oh and, theres room to add value by converting the 2-car garage into an additional unit. Request the full offering memorandum for financials and details. Video link available. Live in a great home, invest in your future, and build family wealth! All in one incredible property opportunity.

Location

State CA

County San Diego

Community La Mesa

Area La Mesa (91942)

Zoning R2

Interior

Interior Features Corian Counters, Pantry

Flooring Laminate

Equipment Dishwasher, Disposal, Microwave, Refrigerator, Electric Range

Appliance Dishwasher, Disposal, Microwave, Refrigerator, Electric Range

Exterior

Exterior Feature Stucco

Parking Features Garage

Garage Spaces 2.0

Fence Wood

Pool Below Ground, Private, Fenced

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type Composition

Total Parking Spaces 8

Building

Lot Description Curbs, Sidewalks

Story 2

Sewer Public Sewer

Level or Stories 2 Story

Construction Status Updated/Remodeled

Schools

Elementary Schools La Mesa Spring Valley School District

Middle Schools La Mesa Spring Valley School District

Others

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Listing Terms Cash, Conventional, Exchange, FHA, VA

Special Listing Condition Standard

Virtual Tour https://www.wellcomemat.com/video/578tcedbca961m16g/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

Interior

Exterior

Building

Schools

Others

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