4771 68th ST 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
Subdivision La Mesa
MLS Listing ID PT25044811
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
Heating Wall Furnace
Cooling None
Flooring Laminate
Fireplaces Type Wood Burning
Inclusions Kitchen appliances in all units
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
Building
Lot Description Back Yard,Front Yard,Near Public Transit,Rectangular Lot,Sprinkler System,Yard
Story 2
Foundation Raised,Slab
Sewer Public Sewer
New Construction No
Others
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/