4771 68th Street Active Save Request In-Person Tour Request Virtual Tour
La Mesa,CA 91942
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision La Mesa
MLS Listing ID PT25044811
Bedrooms 8
Lot Size 0.300 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Better Price, Stronger Numbers, & Now $100K Less! This rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. The detached 4BR/2BA single-family home is currently available for lease at $5,300/month. Fully leased, the property delivers pro forma income of $11,162/month or $133,944 annually, with an attractive ~14.1 GRM. Unit Mix: (1) 4BR/2BA house- pro forma $5,300 (1) 2BR/1BA $2,600 (2) 1BR/1BA $1,750 and $1,512 The home includes a private yard, pool, and detached 2-car garage with potential for an ADU. All units are updated, separately metered, and easy to maintain. Located in one of La Mesas most desirable neighborhoods, with access to SDSU, shopping, freeways, and schools. Zoned R-2 with future potential. A great option for investors or FHA/VA buyers exploring long-term wealth strategies.
Better Price, Stronger Numbers, & Now $100K Less! This rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. The detached 4BR/2BA single-family home is currently available for lease at $5,300/month. Fully leased, the property delivers pro forma income of $11,162/month or $133,944 annually, with an attractive ~14.1 GRM. Unit Mix: (1) 4BR/2BA house- pro forma $5,300 (1) 2BR/1BA $2,600 (2) 1BR/1BA $1,750 and $1,512 The home includes a private yard, pool, and detached 2-car garage with potential for an ADU. All units are updated, separately metered, and easy to maintain. Located in one of La Mesas most desirable neighborhoods, with access to SDSU, shopping, freeways, and schools. Zoned R-2 with future potential. A great option for investors or FHA/VA buyers exploring long-term wealth strategies.
Location
State CA
County San Diego
Community La Mesa
Area La Mesa (91942)
Zoning Assessor
Exterior
Exterior Feature Stucco
Pool Below Ground,Private
Roof Type Composition
Building
Lot Description Curbs,Sidewalks
Story 2
Others
Acceptable Financing Cash,Conventional,Exchange,FHA,VA
Listing Terms Cash,Conventional,Exchange,FHA,VA
Virtual Tour https://www.wellcomemat.com/video/578tcedbca961m16g/LMSA/CA/91942/68th/PT25044811/