4771 68th, La Mesa, CA 91942

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.

Features

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• 0.3 Acres
• 2 Stories