5590 shasta lane
La Mesa, CA 91942
2411 sqft | 5 beds | 4 baths | 0.37 acres | #NDP2409158
Description
Location!Location! Newly renovated Single-Story Triplex (5590 FRNT & REAR and 5588) Centrally located one exit from San Diego State, very walkable to Lake Murray and 10 minutes from San Diego's beautiful beaches & Downtown. Plenty of room to roam in this beautiful property. Currently, the property-generates, $12,000 per month from long-term, month-to-month tenants. (Current gross Income is $144,000 per year. ) There is not one component of this property that has not been redone, from the patios and new windows overlooking huge backyards exquisite finishes put together by a very talented interior designer, this property is a "new build with an old soul". Each home has Private Backyards, lives like single family home and low-maintenance. Everything is new, soft closing cabinets with crown molding, under mound sinks, quartz countertops, high-efficiency appliances, automated gates for parking. Individual laundry rooms for each unit. The main house exudes modern elegance, with a spacious courtyard. You really should see to appreciate. Property future life/minimal near future maintenance is very low. Has approved plans to add 1,100 sqft through conversion of courtyard & garages into ADU 2 bedroom unit right-away for additional income. Almost Half of a city block of land, triplex sitting on a generous 16,117 SQ FT flat usable lot. The backyard has four carports, totals 8 car parking spots, offers ample parking and storage. R3 zoning & lot size also allows for development of 5 additional detached (ADU) units, or a maximum of 10-20 consecutive units up to 5 floors through city permitting, an excellent opportunity for future development. Easy access to hwy 8, La Mesa HealthCare Center, Kaiser Medical, SDSU Medical, MTS buses, and Lake Murray Village location is amazing. Enjoy nearby dining, grocery and fitness options, all within a short distance. With no HOA, Mello-Roos, or rent control, this high-demand rental area presents a great opportunity. 1031 exchange welcome. Call or text @ 619-433-2826 or @ 619-452-8248
Interior Details
- InteriorBedroomOnMainLevel, MainLevelPrimary
Beds & Baths
- Bedrooms5
- Bathrooms4
- Full Baths4
Property Details
- Lot DescriptionBackYard, FrontYard, Garden, Landscaped, Level, NearPark, SprinklersNone, ValueInLand, Yard
- ViewCityLights, Courtyard, Hills
- Stories1
Measurements
- Acres0.37
- Square Feet2411
Parking
- Parking Spaces2
Construction Details
- Property TypePurchase
Condition
- Year Built1954
Utilities / Energy Details
- Sewer InformationPublicSewer
Community and Neighborhood Details
- School DistrictGrossmont Union
- CountySan Diego
- High SchoolHelix
Financial Details
- Original List Price$2,350,000
Other
- MLS #NDP2409158
Location
Legal
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Last Updated:Â . Source: CRMLS
Listing Courtesy
Listing Agent: Madison Khavari (#126299)
Listing Office: Coldwell Banker Realty (#11714)
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.
