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.
3,950 Sq Ft
0.3 Private Acres Exterior Space
Investment
Built in 1980
MLS/Listing ID PT25044811
2 Stories
4 Units
Wood
Style - Mid Century Modern
Electric Water Heater
Parking - Off Street
Parking - On Site
Parking - Oversized
Lot - Rectangular Lot
Solid Surface Counters
Listing Courtesy of REALTY ONE GROUP PACIFIC, LYNNOR ANDERSON
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE