Active
4771 68th Street
La Mesa CA, 91942
$1,995,000
$505.06 per sqft
Active
8 Beds
5 Baths
3,950 sqft
Multi-family
Built in 1980
Listed by Lynnor Anderson with Realty ONE Group Pacific 858-218-4511
Own a beautiful home in one of San Diego's 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. It's move-in ready--perfect 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 Home's 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, there's 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 13, 2025
Updated
Interior Features
Total Stories
2
Bedrooms
8
Total Bathrooms
5
Full Bathrooms
5
Interior Features
Ceiling Fan(s), Open Floorplan, Pantry, Solid Surface Counters, Bedroom on Main Level, Main Level Primary, Primary Suite
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
School Information
School District
La Mesa-Spring Valley
Other Property Details
Area Name
91942 - La Mesa
Days on Market
6
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
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Zoning
R2
Listing Contact: 760-496-0760
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/13/2025. 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 3/13/2025 at 2:17 PM UTC