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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.
Property Type(s):
Residential Income
| Last Updated | 3/7/2025 | Tract | La Mesa |
|---|---|---|---|
| Year Built | 1980 | Community | La Mesa |
| Garage Spaces | 2.0 | County | San Diego |
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.
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