La Mesa, CA 91942,4771 68th ST
La Mesa, CA 91942,4771 68th ST
La Mesa, CA 91942,4771 68th ST
51
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$1,995,000
Est. payment /mo
8 BD
5 BA
3,950 SqFt
New

4771 68th ST La Mesa, CA 91942

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Roe Valenti S.0190519

UPDATED:

03/08/2025 03:47 AM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 3,950 sqft

Price per Sqft $505

Subdivision La Mesa

MLS Listing ID PT25051250

Bedrooms 8

Full Baths 5

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1980

Lot Size 0.300 Acres

Property Sub-Type Quadruplex

Property Description

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.

Location

State CA

County San Diego

Area 91942 - La Mesa

Zoning R2

Rooms

Main Level Bedrooms 1

Interior

Interior Features Ceiling Fan(s), Open Floorplan, Pantry, Solid Surface Counters, Bedroom on Main Level, Main Level Primary, Primary Suite

Heating Wall Furnace

Cooling None

Flooring Laminate

Fireplaces Type Wood Burning

Inclusions Kitchen appliances in all units

Fireplace Yes

Appliance Dishwasher, Electric Range, Electric Water Heater, Disposal, Microwave, Refrigerator, Water Heater

Laundry Washer Hookup, Electric Dryer Hookup

Exterior

Parking Features Circular Driveway, Garage, On Site, Off Street, Oversized, RV Access/Parking

Garage Spaces 2.0

Garage Description 2.0

Fence Wood

Pool Fenced, In Ground, Private

Community Features Curbs, Street Lights, Sidewalks

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Accessibility None

Attached Garage No

Total Parking Spaces 8

Private Pool Yes

Building

Lot Description Back Yard, Front Yard, Near Public Transit, Rectangular Lot, Sprinkler System, Yard

Dwelling Type Quadruplex

Faces West

Story 2

Entry Level Two

Foundation Raised, Slab

Sewer Public Sewer

Architectural Style Mid-Century Modern

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Schools

School District La Mesa-Spring Valley

Others

Senior Community No

Tax ID 4683402600

Security Features Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://youtu.be/bzL774QGly0


California Regional MLS (CRMLS)
Listed by Lynnor Anderson • Realty ONE Group Pacific • 858-218-4511

GET MORE INFORMATION

agent

Roe Valenti S.0190519

REALTOR® | RE.S.0190519

+1(702) 460-5556

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4771 68th ST