4771 68th Street new Save Request In-Person Tour Request Virtual Tour
La Mesa,CA 91942
Key Details
Property Type Condo
Listing Status Active
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $505
Subdivision La Mesa
MLS Listing ID PT25051250
Style All Other Attached
Bedrooms 8
Full Baths 5
Year Built 1980
Lot Size 0.300 Acres
Property Description
Own a beautiful home in one of San Diegos 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. Its move-in readyperfect 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 Homes 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, theres 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.
Own a beautiful home in one of San Diegos 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. Its move-in readyperfect 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 Homes 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, theres 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.
Location
State CA
County San Diego
Community La Mesa
Area La Mesa (91942)
Zoning R2
Interior
Flooring Laminate
Equipment Dishwasher,Disposal,Microwave,Refrigerator,Electric Range
Exterior
Exterior Feature Stucco
Parking Features Garage
Garage Spaces 2.0
Fence Wood
Pool Below Ground,Private,Fenced
Utilities Available Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
Roof Type Composition
Building
Lot Description Curbs,Sidewalks
Story 2
Sewer Public Sewer
Schools
Elementary Schools La Mesa Spring Valley School District
Middle Schools La Mesa Spring Valley School District
Others
Acceptable Financing Cash,Conventional,Exchange,FHA,VA
Listing Terms Cash,Conventional,Exchange,FHA,VA
Special Listing Condition Standard
Virtual Tour https://www.wellcomemat.com/video/578tcedbca961m16g/PT25044811/