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
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Data last updated 6:17 PM UTC, 3/8/2025