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  • MLS#: PT25044811 ( Quadruplex )
  • Street Address: 4771 68th Street
  • Viewed: 2
  • Price: $1,895,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 1980
  • Bldg sqft: 0
  • Days On Market: 92
  • Additional Information
  • County: SAN DIEGO
  • City: La Mesa
  • Zipcode: 91942
  • Subdivision: La Mesa
  • Provided by: Realty ONE Group Pacific
  • Contact: Lynnor Lynnor
  • California Regional MLS IDX
  • DMCA Notice
  • 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 Mesas 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.
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Features
Accessibility Features
  1. None
Appliances
  1. Dishwasher
  2. Electric Range
  3. Electric Water Heater
  4. Disposal
  5. Microwave
  6. Refrigerator
  7. Water Heater
Architectural Style
  1. Mid Century Modern
Association Fee
  1. 0.00
Building Area Total
  1. 3950.00
Commoninterest
  1. None
Common Walls
  1. 1 Common Wall
Construction Materials
  1. Stucco
Cooling
  1. None
Country
  1. US
Days On Market
  1. 77
Direction Faces
  1. West
Electric Expense
  1. 120.00
Exclusions
  1. Tenant's personal property
Fencing
  1. Wood
Fireplace Features
  1. Wood Burning
Flooring
  1. Laminate
Foundation Details
  1. Raised
  2. Slab
Fuel Expense
  1. 0.00
Garage Spaces
  1. 2.00
Gardner Expense
  1. 1200.00
Heating
  1. Wall Furnace
Inclusions
  1. Kitchen appliances in all units
Insurance Expense
  1. 2184.00
Interior Features
  1. Ceiling Fan(s)
  2. Corian Counters
  3. Open Floorplan
Laundry Features
  1. Electric Dryer Hookup
  2. Washer Hookup
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. Back Yard
  2. Front Yard
  3. Lot 10000-19999 Sqft
  4. Rectangular Lot
  5. Near Public Transit
  6. Sprinkler System
  7. Yard
Netoperatingincome
  1. 114339.00
Newtaxesexpense
  1. 7281.00
Parcel Number
  1. 4683402600
Parking Features
  1. Circular Driveway
  2. Garage
  3. Off Street
  4. On Site
  5. Oversized
  6. RV Access/Parking
Pool Expense
  1. 2160.00
Pool Features
  1. Private
  2. Fenced
  3. In Ground
Property Type
  1. Quadruplex
Property Condition
  1. Updated/Remodeled
Road Frontage Type
  1. City Street
Road Surface Type
  1. Paved
Roof
  1. Composition
Security Features
  1. Carbon Monoxide Detector(s)
  2. Smoke Detector(s)
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 433180403:CRM
Spa Features
  1. None
Subdivision Name Other
  1. La Mesa
Tenant Pays
  1. Electricity
Totalactualrent
  1. 5900.00
Totalexpenses
  1. 19605.00
Trash Expense
  1. 2820.00
Uncovered Spaces
  1. 6.00
Utilities
  1. Sewer Connected
  2. Water Connected
View
  1. None
Virtual Tour Url
  1. https://www.wellcomemat.com/mls/578tcedbca961m16g
Water Sewer Expense
  1. 3840.00
Window Features
  1. Double Pane Windows
Year Built
  1. 1980
Year Built Source
  1. Assessor
Zoning
  1. R2