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$2,250,000

Est. payment - /mo

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5 BD

4 BA

0.37 Acres Lot

Price Dropped by $100K

5590 Shasta ln La Mesa, CA 91942

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Richard Combs

[email protected] +1(619) 838-9307

UPDATED:

10/20/2024 12:18 AM

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID NDP2407831

Bedrooms 5

HOA Y/N No

Lot Size 0.370 Acres

Lot Dimensions Almost Half a c

Property Description

Exceptional Newly Renovated Triplex in Prime Location Discover this beautifully updated single-story triplex, conveniently located just one exit from San Diego State University and a short drive to San Diegos stunning beaches and vibrant downtown. Investment Highlights: Current Income: Generating $12,000/month ($144,000/year) from reliable long-term tenants. Development Potential: Approved plans for an additional 1,100 sq. ft. ADU unit, with R3 zoning allowing for up to 20 units with city permitting. Property Features: Fully renovated with exquisite finishes by a talented interior designer. Each unit boasts private backyards, offering a single-family home feel. Individual laundry rooms, high-efficiency appliances, and automated parking gates. Spacious courtyard, perfect for relaxation and community gatherings. Prime Location: Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. Dont Miss This Opportunity: This property features low maintenance and no HOA fees or rent control, making it an ideal investment in a high-demand rental area. Schedule your viewing today!
Exceptional Newly Renovated Triplex in Prime Location Discover this beautifully updated single-story triplex, conveniently located just one exit from San Diego State University and a short drive to San Diegos stunning beaches and vibrant downtown. Investment Highlights: Current Income: Generating $12,000/month ($144,000/year) from reliable long-term tenants. Development Potential: Approved plans for an additional 1,100 sq. ft. ADU unit, with R3 zoning allowing for up to 20 units with city permitting. Property Features: Fully renovated with exquisite finishes by a talented interior designer. Each unit boasts private backyards, offering a single-family home feel. Individual laundry rooms, high-efficiency appliances, and automated parking gates. Spacious courtyard, perfect for relaxation and community gatherings. Prime Location: Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. Dont Miss This Opportunity: This property features low maintenance and no HOA fees or rent control, making it an ideal investment in a high-demand rental area. Schedule your viewing today!

Location

State CA

County San Diego

Area La Mesa (91942)

Building/Complex Name Lake Murray Community Park

Interior

Heating Electric, Natural Gas

Cooling Heat Pump(s), Zoned Area(s)

Appliance Combination Heating, Fireplace

Exterior

Exterior Feature Brick, Stucco, Other/Remarks

Garage Unit1:Assigned

Roof Type Composition

Building

Lot Description Curbs, Sidewalks

Story 1

Level or Stories 1 Story

Others

Miscellaneous Value in Land

Acceptable Financing Cash, Conventional, Exchange, FHA, VA

Space Rent $69,600

Listing Terms Cash, Conventional, Exchange, FHA, VA

Financing Cash

Listed by Alieh Mahdis Khavari • Coldwell Banker Realty

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Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

Richard Combs

5590 Shasta ln La Mesa, CA 91942

Richard Combs

Key Details

Location

Interior

Exterior

Building

Others

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5590 Shasta ln