4771 68th Street
La Mesa, CA 91942
3950 sqft | 8 beds | 5 baths | 0.30 acres | #PT25051250
Description
Own a beautiful home in one of San Diego’s most loved neighborhoods, La Mesa. And do this while offsetting your mortgage with three income-producing rental units! The main home is a spacious single-story. Complete with a detached 2-car garage, private backyard, pool, and patio. It’s move-in ready—perfect for an owner-occupant using VA or FHA financing. Take advantage of the low down payment options they offer. And let rental income help cover your mortgage. The three additional rental units provide immediate income with the following potential:
2-bed, 1-bath (Upstairs Unit): Rented at $2,600/month
1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month
1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/month
Total Rental Income from 3 Units: $5,862/month
Main Home’s Rental Potential: $5,300/month
Full Rented Income Potential: $11,162/month ($133,944/year!)
Located minutes from SDSU. Then there is the shopping, dining, top-rated schools, and freeways. This property is in an area with strong rental demand. Plus long-term appreciation potential. Oh and, there’s room to add value by converting the 2-car garage into an additional unit. Request the full offering memorandum for financials and details. Video link available. Live in a great home, invest in your future, and build family wealth! All in one incredible property opportunity.
Property Details
- InteriorCeilingFans, OpenFloorplan, Pantry, SolidSurfaceCounters, BedroomOnMainLevel, MainLevelPrimary, PrimarySuite
- Lot DescriptionBackYard, FrontYard, NearPublicTransit, RectangularLot, SprinklerSystem, Yard
- Utility FeaturesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
- School DistrictLa Mesa-Spring Valley
- FoundationRaised, Slab
- Sewer InformationPublicSewer
- Original List Price$1,995,000
- MLS #PT25051250
- Property SubtypeQuadruplex
- MLS #PT25051250
- Structure TypeQuadruplex
- CountySan Diego
- Property TypePurchase
- SubdivisionLa Mesa
- Cost1995000
- Square Feet3950
- Year Built1980
- Acres0.3
- Bedrooms8
- Bathrooms5
- Full Baths5
- Stories2
- Parking Spaces2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Lynnor Anderson (#PT815493)
Listing Office: Realty ONE Group Pacific (#PT88219)
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