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Better Price, Stronger Numbers, & Now $100K Less!This rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. The detached 4BR/2BA single-family home is currently available for lease at $5,300/month. Fully leased, the property delivers pro forma income of $11,162/month or $133,944 annually, with an attractive ~14.1 GRM.Unit Mix:– (1) 4BR/2BA house- pro forma $5,300– (1) 2BR/1BA – $2,600– (2) 1BR/1BA – $1,750 and $1,512The home includes a private yard, pool, and detached 2-car garage with potential for an ADU. All units are updated, separately metered, and easy to maintain. Located in one of La Mesa’s most desirable neighborhoods, with access to SDSU, shopping, freeways, and schools. Zoned R-2 with future potential. A great option for investors or FHA/VA buyers exploring long-term wealth strategies.
Property Type(s):
Residential Income
| Last Updated | 5/17/2025 | Tract | La Mesa |
|---|---|---|---|
| Year Built | 1980 | Community | La Mesa |
| Garage Spaces | 2.0 | County | San Diego |
Price History
| Prior to May 17, '25 | $1,995,000 |
|---|---|
| May 17, '25 - Today | $1,895,000 |
Additional Details
| AIR | None |
|---|---|
| APPLIANCES | Dishwasher, Disposal, Electric Range, Electric Water Heater, Microwave, Refrigerator, Water Heater |
| AREA | La Mesa |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | Circular Driveway, Garage, Off Street, On Site, Oversized, RV Access/Parking, Yes |
| HEAT | Wall Furnace |
| HOA DUES | 0 |
| INTERIOR | Bedroom on Main Level, Ceiling Fan(s), Main Level Primary, Open Floorplan, Solid Surface Counters |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Near Public Transit, Rectangular Lot, Sprinkler System, Yard |
| PARKING | Circular Driveway,Garage,On Site,Off Street,Oversized,RV Access/Parking |
| POOL | Yes |
| POOL DESCRIPTION | Fenced,In Ground,Private |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Mid-Century Modern |
| SUBDIVISION | La Mesa |
| UTILITIES | Sewer Connected,Water Connected |
| VIEW DESCRIPTION | None |
| ZONING | R2 |
Location
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Listed with Realty ONE Group Pacific
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2025.
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