Active
4771 68th Street
La Mesa CA, 91942
$1,995,000
$505.06 per sqft
Active
3,950 sqft
Multi-family
Built in 1980
Listed by Lynnor Anderson with Realty ONE Group Pacific 858-218-4511
This one has it all! A rare investment opportunity to own 4 completely renovated move-in units with a lot that can allow for future development. Located in one of the most loved neighborhoods in La Mesa. Quick access to freeways, schools, SDSU, and shopping. Strong rents and great tenants in place now. The main home is a single-story with a detached 2-car garage and a spacious backyard with a pool. Perfect for an owner-occupant buyer using VA or FHA financing. Gain immediate rental income while offsetting your payment. You have three units in addition to the home. A 2/1 rented at $2,600. Along with 2 1/1's rented at $1,750 and $1,512 a month. The main home's rental potential is $5,300. With all 4 units rented you could bring in as much as $11,162 a month, $133,944 a year! This property has everything investors search for: updated units, spacious interior and exterior spaces, long-term appreciation, and the ability to develop more units down the road. Or convert the 2 car garage into an additional unit now. This property offers you a multitude of options. Be sure to ask for the offering memorandum with all the financial and property details. That way you get a full breakdown of the numbers and why this property checks off all the boxes for your investment portfolio.
PT25044811
MLSⓇ ID
March 7, 2025
Listed
March 10, 2025
Updated
Interior Features
Total Stories
2
Interior Features
Ceiling Fan(s), Open Floorplan, Solid Surface Counters, Bedroom on Main Level, Main Level Primary
Appliances
Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater
Laundry Description
Washer Hookup, Electric Dryer Hookup
Floor Description
Laminate
Fireplace
Yes
Fireplace Description
Wood Burning
Cooling
No
Cooling Description
None
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.3 Acres
Lot Features
Back Yard, Front Yard, Near Public Transit, Rectangular Lot, Sprinkler System, Yard
Architectural Style
Mid-Century Modern
Roof
Composition
Sewer
Public Sewer
Security
Carbon Monoxide Detector(s), Smoke Detector(s)
Window
Double Pane Windows
Other Property Details
Area Name
91942 - La Mesa
Days on Market
2
Accessibility
None
Garage
Yes
Garage Spaces
2
Parking
Circular Driveway, Garage, On Site, Off Street, Oversized, RV Access/Parking
Parking Total
8
View
No
View Description
None
County
San Diego
Pool
Yes
Pool Features
Fenced, In Ground, Private
Utilities
Sewer Connected, Water Connected
Zoning
R2
Listing Contact: 760-496-0760
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/10/2025. 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.
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Data last updated on 3/10/2025 at 11:41 AM UTC