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/month1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/monthTotal Rental Income from 3 Units: $5,862/monthMain Homes Rental Potential: $5,300/monthFull 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.
PT25051250
Single Family, Fourplex, Multi-Family, 2 Story
8
San Diego
5 Full
1980
0.3
Acres
2
Stucco
Public Sewer
3,950
Sq. Ft.
Yes
- 2
spaces
La Mesa
Electricity Connected,Natural Gas Connected,Sewer Connected,Water Connected
School Information
La Mesa-Spring Valley
Bathrooms
5
Total:5
Detailed Room Information
- Bedroom(s)
- Main Level: 1, Total: 8
- Laundry
- Washer Hookup,Electric Dryer Hookup
Interior Features
- Appliances
- Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Water Heater
- Flooring
- Laminate
- Cooling
- None
- Heating
- Other. Wall Furnace.
- Common Walls
- 1 Common Wall
- Doors/Windows
- Double Pane Windows
- Entry Location
- 1
- Fireplaces
- Wood Burning.
- Security
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Additional Interior Features
- Ceiling Fan(s),Open Floorplan,Pantry,Solid Surface Counters,Bedroom on Main Level,Main Level Primary,Primary Suite
Exterior / Lot Features
- Parking
- 2 Garage Spaces. 8 Parking Spaces. 0 Covered Parking Spaces. Circular Driveway,Garage,On Site,Off Street,Oversized,RV Access/Parking.
- Exterior
- Stucco
- Roof
- Composition
- Pool
- InGround
- Pool Description
- Fenced,In Ground,Private
- Spa
- None
- Zoning
- R2
- Fence
- Wood
- Structural Condition
- Updated/Remodeled
- Additional Exterior/Lot Features
- Back Yard,Front Yard,Near Public Transit,Rectangular Lot,Sprinkler System,Yard.
Community Features
- Security Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
- Complex Features
- Carbon Monoxide Detector(s),Smoke Detector(s)
Financial Considerations
4683402600
Cash, Conventional, 1031 Exchange, FHA, VA Loan
Kitchen appliances in all units
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