Greg Cummings San Diego Real Estate Agent - 858-206-9500
San Diego Condo ManiaMLS: PT25051250 $1,995,000 8 Beds /5 Baths
MLS #: PT25051250 Status: ACTIVE List Price: $1,995,000 Price SQFT: $505 City: LA MESA
Beds: 8 Baths: 5 SqFt: 3950 Year: 1980 Zip: 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
Listing Photos
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Last Updated: 2025-04-27