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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.
Last Updated | 5/17/2025 | Tract | La Mesa |
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Year Built | 1980 | Community | La Mesa |
Garage Spaces | 2.0 | County | San Diego |
Price History
Prior to May 17, '25 | $1,995,000 |
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May 17, '25 - Today | $1,895,000 |
Additional Details
AIR | None |
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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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