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$2,250,000

Est. payment - /mo

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5 BD

4 BA

2,793 SqFt

Price Dropped by $100K

5590 5588 shasta lane La Mesa, CA 91942

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UPDATED:

11/03/2024 10:17 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,793 sqft

Price per Sqft $805

MLS Listing ID NDP2409158

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1954

Lot Size 0.370 Acres

Property Description

Ask us how to secure affordable rates on this exceptional newly renovated triplex in a prime location, just one exit from San Diego State University and a short drive to San Diego?s stunning beaches and vibrant downtown. This beautifully updated property currently generates an impressive income of $144,000 per year from tenants, and it comes with approved plans for an additional 1,100 sq. ft. ADU unit, with R3 zoning allowing for up to 20 units with city permitting. Each unit features exquisite finishes by a talented interior designer, private backyards that provide a single-family home feel, individual laundry rooms, high-efficiency appliances, and automated parking gates, all surrounding a spacious courtyard perfect for relaxation and community gatherings. Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. This property boasts low maintenance, no HOA fees, and no rent control, making it an ideal investment in a high-demand rental area. Don?t miss this opportunity?schedule your viewing today.

Location

State CA

County San Diego

Area 91942 - La Mesa

Zoning R3 Triplex

Rooms

Ensuite Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage, Laundry Room, Outside, Stacked

Interior

Interior Features Bedroom on Main Level, Main Level Primary

Laundry Location Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,Laundry Closet,In Garage,Laundry Room,Outside,Stacked

Cooling Central Air, Ductless, Dual, Electric, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Wall/Window Unit(s)

Fireplaces Type Gas, Gas Starter, Great Room

Fireplace Yes

Appliance Dryer, Washer

Laundry Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage, Laundry Room, Outside, Stacked

Exterior

Garage Spaces 2.0

Carport Spaces 4

Garage Description 2.0

Pool None, Pebble

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Lake, Preserve/Public Land, Street Lights, Suburban, Sidewalks, Urban, Park

View Y/N Yes

View City Lights, Courtyard, Hills

Accessibility Parking, Accessible Entrance

Attached Garage Yes

Total Parking Spaces 12

Private Pool No

Building

Lot Description Back Yard, Front Yard, Garden, Landscaped, Level, Near Park, Sprinklers None, Value In Land, Yard

Story 1

Entry Level One

Sewer Public Sewer

Architectural Style Patio Home

Level or Stories One

Schools

High Schools Helix

School District Grossmont Union

Others

Senior Community No

Tax ID 4642921700

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Freddie Mac, Lease Option, Trust Deed, USDA Loan, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Freddie Mac, Lease Option, Trust Deed, USDA Loan, VA Loan

Special Listing Condition Standard

Lease Land No

Listed by Madison Khavari • Coldwell Banker Realty • madison.khavari@cbrealty.com

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5590 5588 shasta lane La Mesa, CA 91942

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Key Details

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Rooms

Interior

Exterior

Building

Schools

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5590 5588 shasta lane