Active

5590 5580 Shasta ln

La Mesa CA, 91942

$2,350,000


Active

Multi-family

Built in 1954

Listed by Alieh Mahdis Khavari with Coldwell Banker Realty [email protected]

Single Story, beautifully renovated Turnkey Triplex-income property in the sought-after Lake Murray neighborhood near SDSU, Beaches, Downtown. Almost Half a city block flat land, all usable. Very walkable to the lake, Murray Village shopping centers and public transit, this property offers both convenience and luxury. Featuring three Single story luxury homes, each with its own backyard, this property is low-maintenance. The property has been fully renovated, everything is new, soft closing cabinets with crown molding, under mound sinks, quartz countertops, high-efficiency appliances and air conditioning throughout the property. All three units have washer and dryer. Some soundproof walls for privacy, and hot mop waterproofed walk-in showers with beautiful marble. The main house exudes modern elegance, with a spacious courtyard and access to a two-car garage. The backyard has four carports & can accommodate up to seven cars within the gated lot, offering ample parking. Each villa has its own independent backyard and generous storage space, providing privacy and comfort. Currently, the property-generates. $12,000 per month from long-term, month-to-month tenants, with the potential to increase to $14,000 per month through mid-term and short-term rentalsThe master suite is utilized as an Airbnb. Situated on a generous 16,117 SQ FT flat usable lot, this single-story property comes with city approval for a 1,100-square-foot addition ADU, allowing extra income right away. The zoning also permits the development of five additional detached (ADU) accessory dwelling units, or a maximum of thirteen consecutive units through city permitting, an excellent opportunity for future development. With easy access 0.4 miles to hwy 8, La Mesa HealthCare Center, Kaiser Medical, SDSU Medical, MTS buses, and Lake Murray Village. Enjoy nearby dining, grocery and fitness options, all within a short walkable distance. With no HOA, Mello-Roos, or rent control, this high-demand rental area presents a great opportunity. Buyer to cooperate with 1031 exchange . Call or text @ 619-433-2826 or @ 619-452-8248

NDP2407831

MLS ID

September 1, 2024

Listed

September 10, 2024

Updated

Map

5590 5580 Shasta ln
La Mesa CA, 91942

Interior Features

Total Stories

1


Interior Features

Beamed Ceilings, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Primary Suite


Appliances

6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, Vented Exhaust Fan, Water To Refrigerator


Laundry Description

Laundry Chute, Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Outside, Stacked


Floor Description

Concrete, Stone, Tile, Vinyl


Fireplace

Yes


Fireplace Description

Family Room, Gas, Gas Starter, Living Room


Cooling

Yes


Cooling Description

Ductless, Electric, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Heat Pump, Zoned


Heating

Yes


Heating Description

Combination, Central, Ductless, Electric, Fireplace(s), High Efficiency, Heat Pump, Natural Gas

Exterior/Building Features

Lot Size

0.37 Acres


Lot Features

Back Yard, Front Yard, Garden, Landscaped, Level, Near Park, Near Public Transit, Value In Land, Yard


Architectual Style

Mediterranean, Ranch, Spanish, Traditional


Roof

Composition, Common Roof, Shingle


Sewer

Public Sewer

Other Property Details

Area Name

91942 - La Mesa


Days on Market

8


Association Amenities

Hot Water


Garage

Yes


Garage Spaces

2


Parking

Attached Carport, Assigned, Boat, Concrete, Carport, Detached Carport, Driveway, Electric Gate, Garage, Oversized, Deck, RV Potential, One Space


Parking Total

8


View

Yes


View Description

Back Bay, City Lights, Landmark, Neighborhood, Trees/Woods


County

San Diego


Pool

No


Pool Features

None


Waterfront

Yes


Lakefront

Yes


Zoning

Zoning: R-3:RESTRICTED MU

Listing History

Date

Event

Price

9/1/2024

Active

Listing Contact: 760-753-5616 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/10/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/10/2024 at 4:17 AM UTC

 

Powered byLuxury Presence