Active

4771 68th Street

La Mesa CA, 91942

$1,995,000


$505.06 per sqft

Active

8 Beds

5 Baths

3,950 sqft

Condos

Built in 1980

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/month 1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month 1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/month Total Rental Income from 3 Units: $5,862/month Main Homes Rental Potential: $5,300/month Full 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

MLS ID

March 7, 2025

Listed

March 8, 2025

Updated

Interior Features

Total Stories

2


Bedrooms

8


Total Bathrooms

5


Full Bathrooms

5


Interior Features

Corian Counters, Pantry


Appliances

Dishwasher, Disposal, Microwave, Refrigerator, Electric Range, Electric Water Heater


Laundry Description

Electric, Washer Hookup


Floor Description

Laminate


Fireplace

No


Cooling

No


Cooling Description

None


Heating

Yes


Heating Description

Wall/Gravity

Exterior/Building Features

Lot Size

0.3 Acres


Lot Features

Curbs, Sidewalks


Roof

Composition


Sewer

Public Sewer


Security

Carbon Monoxide Detector(s)

School Information

School District

La Mesa Spring Valley School District

Other Property Details

Days on Market

1


Accessibility

None


Garage

Yes


Garage Spaces

2


Parking

Garage(Garage), Non-Garage(Circular Driveway, Off Street, On Site, Oversized)


Parking Total

8


View

No


View Description

None


County

San Diego


Pool

Yes


Pool Features

In Ground, Private, Fenced


Utilities

Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected


Zoning

R2

Listed by Realty ONE Group Pacific, Lynnor Anderson,
Listing Contact: 858-218-4511 

This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. 

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