Listed: 4985 Comanche, La Mesa, CA 91942. 8-bedroom 4-bath, 2000 La Mesa $1,899,000 begin new search
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Overview

4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY offering highly desirable location. Low maintenance building with low operating expenses. Desirable unit mix includes 2 units @ 3BR/1BA & 2 units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add 4 additional ADU units (Ask to see the ADU feasibility study). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to tons of shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University City’s “Golden Triangle” major employment hub is only 15 miles—both of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new loan! Profit from substantially expedited principal pay down & lower interest expenses.

Address 4985 Comanche

La Mesa, CA 91942
Listing Status Active
Asking Price $1,899,000
Original Listing $1,899,000 @ 2025-04-15
Ownership
Age Restriction 0
Property Type
Mello-Roos Fee None Listed
HOA Fee $0
HOA Features Suburban
Rooms
Kitchen, Living Room
Square Footage Not Disclosed
Bedrooms 8
Full Bathrooms 4
Location
Directions Turn Right on Comanche Dr from El Cajon Blvd.
Market Area 91942 - La Mesa
School District Not Listed
Public Records
County San Diego
Assessor Parcel# 4700913000
Zoning R-4:MULTIPLE RESIDENTIAL
Geographic Areas

Airport Compatibility Zone: Montgomery Field

Community College District: Grossmont-cuyamaca CC

Zip Code: 91942

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 16.6 miles
Features
Year Built 2000
Laundry Location Community
Elevator Not Listed
Cooling None
Heating
Sewer/Septic Public Sewer
Fireplaces None (0)
Appliances No
Assessments Yes
Association No
Attached Garage No
Common Walls 2+ Common Walls
Cooling No
Entry Location 1
Heating No
High School District Grossmont Union
Land Lease No
Laundry Yes
Levels One, Two
Living Area Source Public Records
Lot Features 0-1 Unit/Acre
Lot Size Source Public Records
Lot Size Units Square Feet
Main Level Bathrooms 2
Main Level Bedrooms 4
Parking No
Pool Private No
Property Attached Yes
Sprinklers No
Tax Model
View Yes
Monthly Payment Calculator
Listing Source
Platform CRMLS
AOR Pacific Southwest
MLS Number PTP2502672
Courtesy of LPT Realty, Inc.
Listing Agent Frank Karako
Exterior
Style Quadruplex
Material Not Listed
Lot Size ~ 7,336 sf
Fencing Not Listed
Topography Not Listed
Entry Steps 1
Swimming Pool None
Exclusive Yard 0
Parking
Total Spaces: 6.00
Garage Spaces: 0.00
Non-Garage Spaces: 0 - 6.00
View Neighborhood