5206 La Paz Drive, San Diego, CA 92114
5206 La Paz Drive, San Diego, CA 92114
5206 La Paz Drive, San Diego, CA 92114
47
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Listed by David Fletes • Compass
$1,100,000
Est. payment /mo
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6 Beds
3 Baths
2,811 SqFt
Active

5206 La Paz Drive San Diego, CA 92114

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Maureen Alphonso

Maureen Alphonso

+1(805) 279-6885

UPDATED:

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,811 sqft

Price per Sqft $391

MLS Listing ID 8P-2607678

Bedrooms 6

Full Baths 3

Year Built 1952

Lot Size 6,969 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning R-1:SINGLE FAM-RES

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Electric

Laundry Gas Dryer Hookup, Individual Room, Inside, Washer Hookup, Washer Included

Exterior

Garage Spaces 2.0

Pool None

Community Features BLM/National Forest, Curbs, Sidewalks, Street Lights, Suburban

Utilities Available Electricity Connected, Propane

View Y/N Yes

Building

Lot Description 0-1 Unit/Acre

Sewer Public Sewer

Others

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607678

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Maureen Alphonso

Maureen Alphonso

Agent License ID: 01734126

+1(805) 279-6885

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5206 La Paz Drive