4771 68th Street

La Mesa, CA 91942

  • 8 Bed(s)
  • 5 Bath(s)
  • 3,950 Sqft
  • 13068
    Sqft(Lot)
$1,995,000

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.

  • Property Type

    Residential Income
  • Subdivision

    Fallbrook
  • County

    San Diego
  • Style

    Mid-Century Modern
  • AD ID

    48888365

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Property Details

  • Water/Sewer

    • Sewer : Public Sewer

    Interior Features

    • Roof : Composition
    • Interior Features: Ceiling Fan(s),Open Floorplan,Solid Surface Counters,Bedroom on Main Level,Main Level Primary
    • Windows: Double Pane Windows
    • Property Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Water Heater
    • Fireplace: Wood Burning
    • Flooring: Laminate

    Cooling Features

    • None
    • Air Conditioning

    Heating Source

    • Wall Furnace
    • Has Heating

    Fireplace

    • Fireplace Features: Wood Burning
    • Has Fireplace: 1
  • Building Information

    • Year Built: 1980
    • Building Area Total: 3,950
    • Construction: Stucco
    • Roof: Composition

    Foundation

    • Raised,Slab

    Security Features

    • Carbon Monoxide Detector(s),Smoke Detector(s)

    Accessibility Features

    • None

    Pool Features

    • Fenced,In Ground,Private

    Laundry Features

    • Washer Hookup,Electric Dryer Hookup

    Fencing

    • Wood
  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.3
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 13068
  • Listing Price Information

    • Original List Price: 1,995,000
    • Listing Contract Date: 2025-03-07

    Lease Information

    • Listing Agreement: Exclusive Right To Sell
  • Tax Information

    • Parcel Number: 4683402600
  • Garage and Parking

    • Garage Description: Circular Driveway,Garage,On Site,Off Street,Oversized,RV Access/Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity
  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 91942 - La Mesa
    • Directions: 8 Freeway to 70th Street to Amherst to 68th St.
    • Zoning: R2
    • Source Property Type: Residential Income
    • Area: 91942 - La Mesa
    • Property SubType: Quadruplex

    Building and Construction

    • Property Age: 45
    • Common Walls: 1 Common Wall
    • Property Condition: Updated/Remodeled
    • Structure Type: Quadruplex
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 04/27/2025 @ 12:56

  • MLS: PT25044811
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 8 bedrooms which is for sale, it has 3,950 sqft, 13,068 sized lot, and 2 parking. are nearby neighborhoods.