Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: PT25051250 $1,995,000
8 Bedrooms with 5 Baths4771 68TH STREET
LA MESA CA 91942MLS: PT25051250
Status: ACTIVE
List Price: $1,995,000
Price per SQFT: $505
Square Footage: 39508 Bedrooms
5 Baths
Year Built: 1980
Zip Code: 91942
Listing Remarks
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.
Address: 4771 68TH STREET LA MESA CA 91942
Listing Courtesy of REALTY ONE GROUP PACIFIC
Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Listing Details
LISTING DATE: 2025-03-07 SALES RESTRICTIONS: Standard COMMUNITY: LA MESA POOL: Below Ground, Private, Fenced FULL BATHROOMS: 5 HALF BATHROOMS: 0 GARAGE PARKING: Garage PARKING GARAGE SPACES: 2 PARKING SPACES TOTAL: 8 FLOORING: Laminate EQUIPMENT: Dishwasher, Disposal, Microwave, Refrigerator, Electric Range LAUNDRY UTILITIES: Electric, Washer Hookup FLOOR NO: 1 STORIES: 2 Story STORIES IN BUILDING: 2 RESIDENTIAL STYLES: All Other Attached LISTING AGENT: Lynnor Anderson LISTING OFFICE: Realty ONE Group Pacific
Estimated Monthly Payments
List Price: $1,995,000 20% Down Payment: $399,000 Loan Amount: $1,596,000 Loan Type: 30 Year Fixed Interest Rate: 6.5 % Monthly Payment: $10,088 Estimate does not include taxes, fees, insurance.
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Property Location: 4771 68TH STREET LA MESA CA 91942
This Listing
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Condo Mania Agent
Greg Cummings
Compass Real Estate
Team Lead CA DRE# 01464245
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Last Updated: 2025-04-26