4771 68th ST Active Save Request In-Person Tour Request Virtual Tour
La Mesa,CA 91942
Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $505
MLS Listing ID CRPT25051250
Bedrooms 8
Full Baths 5
Year Built 1980
Lot Size 0.300 Acres
Property Sub-Type Fourplex
Property Description
Own a beautiful home in one of San Diego's 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. It's move-in ready-perfect 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 Home's 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, there's 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
Location
State CA
County San Diego
Area 91942 - La Mesa
Zoning R2
Rooms
Family Room Other
Kitchen Dishwasher,Garbage Disposal,Microwave,Pantry,Oven Range - Electric,Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type Wood Burning
Laundry 30,9
Exterior
Parking Features Garage,Common Parking Area,RV Access,Off-Street Parking,Other,Room for Oversized Vehicle
Garage Spaces 2.0
Fence Wood
Pool Pool - In Ground,31,Pool - Yes,Pool - Fenced
View None
Roof Type Composition
Building
Foundation Raised,Concrete Slab
Water Hot Water,Heater - Electric
Others
Special Listing Condition Not Applicable
Virtual Tour https://www.wellcomemat.com/video/578tcedbca961m16g/PT25044811/