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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. Fully leased, the property delivers income of $10,557 monthly or $126,684 annually, with an attractive ~14.96 GRM. Unit Mix: - (1) 4BR/2BA house- $4,695 - (1) 2BR/1BA - $2,600 - (2) 1BR/1BA - $1,750 and $1,512 The 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 exploring long-term wealth strategies.
Property Type(s):
Residential Income
| Last Updated | 5/17/2025 | Tract | La Mesa |
|---|---|---|---|
| Year Built | 1980 | Community | 91942 - 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 | 91942 - La Mesa |
| CONSTRUCTION | Stucco |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Wall Furnace |
| INTERIOR | Ceiling Fan(s), Master Downstairs, Open Floorplan |
| LOT | 0.3 acre(s) |
| LOT DESCRIPTION | Back Yard, Front Yard, Near Public Transit, Rectangular Lot |
| PARKING | Circular Driveway, Garage, On Site, Off Street, Oversized, RV Access/Parking |
| POOL | Yes |
| POOL DESCRIPTION | Private, Fenced, In Ground |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | MidCenturyModern |
| SUBDIVISION | La Mesa |
| UTILITIES | Sewer Connected, Water Connected |
| VIEW DESCRIPTION | None |
Location
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Listed with Realty ONE Group Pacific
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This IDX solution is (c) Diverse Solutions 2025.
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