4771 68th ST La Mesa, CA 91942
UPDATED:
Key Details
Property Type Single Family Home, 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 rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. Fully leased, the property delivers income of $10,557 monthly or $126,684 annually, with an attractive ~14.96 GRM.
Unit Mix:
– (1) 4BR/2BA house- $4,695
– (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 exploring long-term wealth strategies.
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/
