5590 Shasta ln

La Mesa, CA 91942
$2,250,000
0.37 acres | #NDP2407831
Courtesy of Coldwell Banker Realty

Description

Ask us how to get affordable rates! Exceptional Newly Renovated Triplex in Prime Location Discover this beautifully updated single-story triplex, conveniently located just one exit from San Diego State University and a short drive to San Diego’s stunning beaches and vibrant downtown. Investment Highlights: • Current Income: Generating amazing income ($144,000/year) from reliable long-term tenants. • Development Potential: Approved plans for an additional 1,100 sq. ft. ADU unit, with R3 zoning allowing for up to 20 units with city permitting. Property Features: • Fully renovated with exquisite finishes by a talented interior designer. • Each unit boasts private backyards, offering a single-family home feel. • Individual laundry rooms, high-efficiency appliances, and automated parking gates. • Spacious courtyard, perfect for relaxation and community gatherings. Prime Location: Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. Don’t Miss This Opportunity: This property features low maintenance and no HOA fees or rent control, making it an ideal investment in a high-demand rental area.Schedule your viewing today!
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  • Interior Details
    • Interior Features
      • Interior:BeamedCeilings, CeilingFans, CrownMolding, CathedralCeilings, HighCeilings, LivingRoomDeckAttached, MultipleStaircases, OpenFloorplan, S
  • Property Details
    • Property
      • View:BackBay, CityLights, Landmark, Neighborhood, TreesWoods
      • Stories:1
      • Lot description:BackYard, FrontYard, Garden, Landscaped, Level, NearPark, NearPublicTransit, ValueInLand, Yard
    • Measurements
      • Acres:0.37
    • Parking
      • Parking spaces:2
  • Construction Details
    • Type & Style
      • Property type:Multi-Family
    • Condition
      • Year built:1954
    • Material information
      • Foundation:Raised
  • Utilities / Energy Details
    • Utility
      • Sewer information:PublicSewer
      • Utility features:ElectricityConnected
  • Community and Neighborhood Details
    • Location
      • County:San Diego
  • Financial Details
    • Pricing Details
      • Original List Price:$2, 350, 000
  • Other
    • Source
      • MLS #:NDP2407831

Location

Move Fast Move Now with John Reyes & Margie KossmanMove Fast Move Now with John Reyes & Margie Kossman
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Down Payment

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10.0%

Interest Rate

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6.0%

Tax Rate

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2.6%
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monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

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