Description
Own a beautiful home in one of San Diegos 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. Its 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/month1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/monthTotal Rental Income from 3 Units: $5,862/monthMain Homes Rental Potential: $5,300/monthFull 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, theres 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.
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8BEDS
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0.3ACRES
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5BATHS
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01/2 BATHS
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3,950SQFT
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$505$/SQFT
Description
Own a beautiful home in one of San Diegos 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. Its 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/month1-bed, 1-bath (Downstairs Unit 1): Rented at $1,750/month1-bed, 1-bath (Downstairs Unit 2): Rented at $1,512/monthTotal Rental Income from 3 Units: $5,862/monthMain Homes Rental Potential: $5,300/monthFull 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, theres 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.
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-03-28T07:35:48.027. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or RE/MAX Freedom. Licensed in the State of California, USA.