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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.
Address |
4771 68th Street
La Mesa, CA 91942 |
Listing Status | ACTIVE |
Asking Price | $1,995,000 |
Original Listing | $1,995,000 @ 2025-03-07 |
Property Condition | Updated/Remodeled |
Terms | Cash,Conventional,Exchange,FHA,VA |
Property Type | RESIDENTIAL |
Sales Restrictions | Standard |
Mello-Roos Fee | $0 per Year |
HOA Fee | $0 |
Square Footage | 3950 sf |
Flooring | Laminate |
Bedrooms | 8 |
Full Bathrooms | 5 |
Directions | 8 Freeway to 70th Street to Amherst to 68th St. |
Community Area | LA MESA |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 4683402600 |
Zoning | R2 |
Geographic Areas |
Airport Compatibility Zone: Montgomery Field |
Highway Locator |
East of I-15 East of I-5 South of I-8 East of I-805 East of SR-163 South of SR-52 |
Ocean Distance | 15.2 miles |
Year Built | 1980 (source: Assessor) |
Laundry Location | |
Elevator | Not Listed |
Cooling | N/K |
Heating | Wall/Gravity |
Water Heater | Electric |
Irrigation | Sprinklers |
Sewer/Septic | Public Sewer |
Fireplaces | Not Listed |
Security | Carbon Monoxide Detectors |
Equipment | Dishwasher, Disposal, Microwave, Refrigerator, Electric Range |
Interior Features | Corian Counters, Pantry |
Platform | SDMLS |
AOR | |
MLS Number | PT25051250 |
Courtesy of | Realty ONE Group Pacific |
https://www.californiatophomes.com/PT25051250
Style | All Other Attached 2 Story |
Material | Stucco |
Floor Level | 1 of 2 |
Lot Size | ~ 13,068 sf |
Fencing | Wood |
Topography | Not Listed |
Roof | Composition |
Swimming Pool | Below Ground, Private, Fenced |
Exclusive Yard | Yes |
Site | Curbs, Sidewalks |
Accessibility | None |
Parking |
Garage
Total Spaces: 8
Garage Spaces: 2
Non-Garage Spaces:
0 -
Circular Driveway,Off Street,On Site,Oversized
|
View | N/K |
Unit Location | 1 common wall |