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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