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Brian Lacklen

blacklen@cbwhomes.com +1(619) 823-7904

$ 1,995,000

Est. payment -/mo

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4771 68th ST La Mesa, CA 91942

0.3 Acres Lot

UPDATED:

03/09/2025 08:07 PM

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Subdivision La Mesa

MLS Listing ID PT25044811

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1980

Lot Size 0.300 Acres

Property Sub-Type Quadruplex

Property Description

This one has it all! A rare investment opportunity to own 4 completely renovated move-in units with a lot that can allow for future development. Located in one of the most loved neighborhoods in La Mesa. Quick access to freeways, schools, SDSU, and shopping. Strong rents and great tenants in place now. The main home is a single-story with a detached 2-car garage and a spacious backyard with a pool. Perfect for an owner-occupant buyer using VA or FHA financing. Gain immediate rental income while offsetting your payment. You have three units in addition to the home. A 2/1 rented at $2,600. Along with 2 1/1's rented at $1,750 and $1,512 a month. The main home's rental potential is $5,300. With all 4 units rented you could bring in as much as $11,162 a month, $133,944 a year! This property has everything investors search for: updated units, spacious interior and exterior spaces, long-term appreciation, and the ability to develop more units down the road. Or convert the 2 car garage into an additional unit now. This property offers you a multitude of options. Be sure to ask for the offering memorandum with all the financial and property details. That way you get a full breakdown of the numbers and why this property checks off all the boxes for your investment portfolio.

Location

State CA

County San Diego

Area 91942 - La Mesa

Zoning R2

Interior

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

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 Sewer Connected, Water Connected

View Y/N No

View None

Roof Type Composition

Accessibility None

Total Parking Spaces 8

Private Pool Yes

Building

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

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

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://www.wellcomemat.com/video/578tcedbca961m16g/LMSA/CA/91942/68th/PT25044811/

Listed by Lynnor Anderson • Realty ONE Group Pacific • 858-218-4511

Brian Lacklen

Agent | License ID: 01755681

+1(619) 823-7904

Brian Lacklen

4771 68th ST La Mesa, CA 91942

Key Details

Location

Interior

Exterior

Building

Others

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4771 68th ST