Active
4771 68th Street
La Mesa CA, 91942
$1,995,000
Active
8 Beds
Multi-family
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.
PT25044811
MLSⓇ ID
March 7, 2025
Listed
March 9, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
8
Appliances
Electric Water Heater, Range/Oven, Refrigerator, Washer
Fireplace
No
Cooling
No
Cooling Description
None
Heating
No
Exterior/Building Features
Lot Size
0.3 Acres
Lot Features
Curbs, Sidewalks
Roof
Composition
Patio And Porch
Patio
Other Property Details
Days on Market
2
Garage
No
View
No
County
San Diego
Pool
Yes
Pool Features
In Ground, Private
Zoning
Assessor
Listed by Realty ONE Group Pacific, Lynnor Anderson,
Listing Contact: 858-218-4511
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Data last updated 6:17 PM UTC, 3/9/2025