La Mesa, CA 91942,4771 68th Street
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La Mesa, CA 91942,4771 68th Street
La Mesa, CA 91942,4771 68th Street
La Mesa, CA 91942,4771 68th Street
La Mesa, CA 91942,4771 68th Street
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Listed by Lynnor F Anderson • Realty ONE Group Pacific
$ 1,995,000
Est. payment /mo
Active

4771 68th Street La Mesa, CA 91942

3,950 SqFt


UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,950 sqft

Price per Sqft $505

Subdivision La Mesa

MLS Listing ID PT-25044811

Style Mid Century Modern

Year Built 1980

Lot Size 0.300 Acres

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County San Diego

Area 91942 - La Mesa

Zoning R2

Interior

Interior Features Corian Counters, Ceiling Fan(s), Open Floorplan

Heating Wall Furnace

Cooling None

Flooring Laminate

Inclusions Kitchen appliances in all units

Laundry Electric Dryer Hookup, Washer Hookup

Exterior

Parking Features Garage, Off Street, On Site, Oversized, RV Access/Parking, Circular Driveway

Garage Spaces 2.0

Pool Private, Fenced, In Ground

Community Features Curbs, Sidewalks, Street Lights

Utilities Available Sewer Connected, Water Connected

View Y/N No

View None

Building

Lot Description Front Yard, Lot 10000-19999 Sqft, Near Public Transit, Rectangular Lot, Sprinkler System, Yard, Back Yard

Sewer Public Sewer

Others

Virtual Tour https://www.wellcomemat.com/mls/578tcedbca961m16g


agent

Nicole Van Parys & Gary Nesen

License Partners, Private Office Advisors | License ID: 01108944

+1(805) 795-1880

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4771 68th Street