4771 68th Street Active Save Request In-Person Tour Request Virtual Tour
La Mesa,CA 91942
Key Details
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Active
Purchase Type For Sale
Square Footage 3,950 sqft
Price per Sqft $479
Subdivision La Mesa
MLS Listing ID PT-25044811
Style Mid Century Modern
Year Built 1980
Lot Size 0.300 Acres
Property Sub-Type Quadruplex
Property Description
Better Price, Stronger Numbers, & Now $100K Less! This rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. The detached 4BR/2BA single-family home is currently available for lease at $5,300/month. Fully leased, the property delivers pro forma income of $11,162/month or $133,944 annually, with an attractive ~14.1 GRM. Unit Mix: - (1) 4BR/2BA house- pro forma $5,300 - (1) 2BR/1BA - $2,600 - (2) 1BR/1BA - $1,750 and $1,512 The home includes a private yard, pool, and detached 2-car garage with potential for an ADU. All units are updated, separately metered, and easy to maintain. Located in one of La Mesa's most desirable neighborhoods, with access to SDSU, shopping, freeways, and schools. Zoned R-2 with future potential. A great option for investors or FHA/VA buyers exploring long-term wealth strategies.
Location
State CA
County San Diego
Area 91942 - La Mesa
Zoning R2
Interior
Interior Features Corian Counters,Ceiling Fan(s),Open Floorplan
Heating Wall Furnace
Cooling None
Flooring Laminate
Inclusions Kitchen appliances in all units
Laundry Electric Dryer Hookup,Washer Hookup
Exterior
Parking Features Garage,Off Street,On Site,Oversized,RV Access/Parking,Circular Driveway
Garage Spaces 2.0
Pool Private,Fenced,In Ground
Community Features Curbs,Sidewalks,Street Lights
Utilities Available Sewer Connected,Water Connected
View Y/N No
View None
Building
Lot Description Front Yard,Lot 10000-19999 Sqft,Near Public Transit,Rectangular Lot,Sprinkler System,Yard,Back Yard
Sewer Public Sewer
Others
Virtual Tour https://www.wellcomemat.com/mls/578tcedbca961m16g