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.

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

Data last updated on 3/13/2025 at 2:17 PM UTC

 

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