Better Price, Stronger Numbers, & Now $100K Less!
This rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. The detached 4BR/2BA single-family home is currently available for lease at $5,300/month. Fully leased, the property delivers pro forma income of $11,162/month or $133,944 annually, with an attractive ~14.1 GRM.
Unit Mix:
– (1) 4BR/2BA house- pro forma $5,300
– (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 or FHA/VA buyers exploring long-term wealth strategies.
3,950 Sq Ft
0.3 Private Acres Exterior Space
Investment
Built in 1980
MLS/Listing ID PT25044811
2 Stories
4 Units
Microwave
Refrigerator
Water Heater
Style - Mid Century Modern
Community - Curbs
Community - Street Lights
Community - Sidewalks
Construction - Stucco
Wood
Wood Burning Fireplace
Laminate
Raised
Slab
Dishwasher
Electric Range
Electric Water Heater
Disposal
Main Level Primary
Washer Hookup
Electric Dryer Hookup
Lot - Backyard
Lot - Front Yard
Lot - Near Public Transit
Lot - Rectangular Lot
Lot - Sprinkler System
Lot - Yard
Parking - Circular Driveway
Parking - Garage
Parking - On Site
Parking - Off Street
Parking - Oversized
Parking - RV Access Parking
Pool - Fenced
Pool - Inground
Pool - Private
Composition
Double Pane Windows
Cooling - Ceiling Fans
Open Floor Plan
Solid Surface Counters
Bedroomon Main Level
Listing Courtesy of REALTY ONE GROUP PACIFIC, LYNNOR ANDERSON
Source of Data: CALIFORNIA REGIONAL MULTIPLE LISTING SERVICE