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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 |
Age Restriction | 0 |
Property Type | |
Mello-Roos Fee | None Listed |
HOA Fee | $0 |
HOA Features | Suburban |
Square Footage | Not Disclosed |
Bedrooms | 8 |
Full Bathrooms | 4 |
Directions | Turn Right on Comanche Dr from El Cajon Blvd. |
Market Area | 91942 - La Mesa |
School District | Not Listed |
County | San Diego |
Assessor Parcel# | 4700913000 |
Zoning | R-4:MULTIPLE RESIDENTIAL |
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 | 16.6 miles |
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 |
Platform | CRMLS |
AOR | Pacific Southwest |
MLS Number | PTP2502672 |
Courtesy of | LPT Realty, Inc. |
Listing Agent | Frank Karako |
https://www.californiatophomes.com/PTP2502672
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 |