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.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 3/10/2025 at 11:41 AM UTC

 

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