4985 Comanche Drive
La Mesa, CA 91942
2844 sqft | 8 beds | 4 baths | 0.17 acres | #PTP2502672
Description
4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY featuring highly desirable location, unit mix, and low maintenance building offer potential to acquire this impressive asset with unique upside. Unit mix includes 2 units @ 3BR/1BA & 2units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add up to 4additional ADU units on this lot (ADU feasibility study completed & available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature highly desirable quartz countertops, stainless appliances, and premium flooring. Convenient to tons of shopping, multiple light rail stations (green and orange lines), bus stops, and I-8 freeway. Close toSan Diego State, Grossmont College, and Grossmont Hospital. Minutes from popular Cowles Mountain and Lake Murray and less than 15 miles to the beach! Downtown San Diego is only 10 miles and University City’s “Golden Triangle” major employment hub is only 15 miles—both of which are conveniently accessed by light rail in addition to multiple freeway commuting options. Enjoy reduced maintenance and operational expenses. Loan assumptions are easier than ever before and closing in near record times! Inquire for more details on how loan assumptions are dominating this market. Effectively go back in time by assuming the current loan at the historically low interest rate with low gap and profit from substantially expedited principal pay down and lower interest expenses and enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming.
Property Details
- Lot DescriptionZeroToOneUnitAcre
- School DistrictGrossmont Union
- ViewNeighborhood
- Sewer InformationPublicSewer
- Original List Price$1,899,000
- MLS #PTP2502672
- Property SubtypeQuadruplex
- MLS #PTP2502672
- CountySan Diego
- Property TypePurchase
- Cost1899000
- Acres0.1684
- Square Feet2844
- Year Built2000
- Bedrooms8
- Bathrooms4
- Full Baths4
- Stories2
Location
Legal
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
Last Updated: . Source: CRMLS
Listing Courtesy
Listing Agent: Frank Karako (#812985)
Listing Office: LPT Realty, Inc. (#89005)

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