51
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$1,995,000
Est. payment /mo
Active
4771 68th ST La Mesa, CA 91942
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Key Details
Property Type Multi-Family
Sub Type Fourplex
Listing Status Active
Purchase Type For Sale
MLS Listing ID CRPT25044811
Originating Board California Regional MLS
Year Built 1980
Lot Size 0.300 Acres
Property Sub-Type Fourplex
Property Description
This one has it all! A rare investment opportunity to own 4 completely renovated move-in units with a lot that can allow for future development. Located in one of the most loved neighborhoods in La Mesa. Quick access to freeways, schools, SDSU, and shopping. Strong rents and great tenants in place now. The main home is a single-story with a detached 2-car garage and a spacious backyard with a pool. Perfect for an owner-occupant buyer using VA or FHA financing. Gain immediate rental income while offsetting your payment. You have three units in addition to the home. A 2/1 rented at $2,600. Along with 2 1/1's rented at $1,750 and $1,512 a month. The main home's rental potential is $5,300. With all 4 units rented you could bring in as much as $11,162 a month, $133,944 a year! This property has everything investors search for: updated units, spacious interior and exterior spaces, long-term appreciation, and the ability to develop more units down the road. Or convert the 2 car garage into an additional unit now. This property offers you a multitude of options. Be sure to ask for the offering memorandum with all the financial and property details. That way you get a full breakdown of the numbers and why this property checks off all the boxes for your investment portfolio.
Location
State CA
County San Diego
Area 91942 - La Mesa
Rooms
Kitchen Dishwasher, Garbage Disposal, Microwave, Oven Range - Electric, Refrigerator
Interior
Heating Wall Furnace
Cooling None
Flooring Laminate
Laundry 30, 9
Exterior
Parking Features Garage, Common Parking Area, RV Access, Off-Street Parking, Other, Room for Oversized Vehicle
Garage Spaces 8.0
Pool Pool - In Ground, 31, Pool - Yes, Pool - Fenced
View None
Roof Type Composition
Building
Foundation Raised, Concrete Slab
Water Hot Water
Others
Tax ID 4683402600
Special Listing Condition Not Applicable
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Listed by Lynnor Anderson • Realty ONE Group Pacific