See all 52 photos
$1,884,000
Est. payment /mo
8 Beds
4 Baths
Price Dropped by $15K
4985 Comanche Drive La Mesa, CA 91942
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2502568
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
Property Description
4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY offering highly desirable location. Low maintenance building with low operating expenses. Desirable unit mix includes 2 units @ 3BR/1BA & 2 units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add 4 additional ADU units (Ask to see the ADU feasibility study). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to tons of shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University Citys Golden Triangle major employment hub is only 15 milesboth of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new loan! Profit from substantially expedited principal pay down & lower interest expenses.
Location
State CA
County San Diego
Direction El Cajon Blvd to Comanche Dr
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4700913000
Virtual Tour https://www.karakogroup.com/info-listing25044985/

Listed by Frank Karako LPT Realty, Inc.
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