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Arash Rokni

arash@roknigroup.com +1(619) 762-0777

$1,149,999

Est. payment - /mo

4 Beds

2 Baths

0.68 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

Subdivision La Mesa

MLS Listing ID 260019226

Bedrooms 4

Full Baths 2

Year Built 1925

Lot Size 0.679 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Investor special! Versatile two-unit income-producing property with exceptional future development potential. Situated on an expansive 29,600 sq. ft. lot, this unique property currently features two beautifully updated 2-bedroom, 1-bath residences, each with its own private backyard, full kitchen, and central air conditioning, making them ideal for owner-occupants, multigenerational living, or rental income. Major capital improvements have already been completed, including a new roof, restored foundation, new sewer lateral, and professional exterior landscaping, providing peace of mind for years to come. The property also includes an existing detached two-car garage with building plans completed to convert it into a 1-bedroom ADU, offering an excellent opportunity to further increase rental income and property value. For investors and developers, the possibilities extend even further - a feasibility study has been completed to complete a proposed lot split into three separate parcels, allowing for: one lot for the existing duplex, one lot with a new home and one lot with a new home + ADU. Whether you're looking for a turnkey investment with immediate cash flow, a multigenerational living solution, or a property with significant long-term development upside, this La Mesa property offers a rare combination of existing value and future potential. Buyer to verify all development possibilities, lot split feasibility, ADU potential, and permitting requirements with the City of La Mesa and applicable agencies.

Location

State CA

County San Diego

Area East County

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplace No

Exterior

Fence Partial

Utilities Available Sewer Connected

View Y/N No

Water Access Desc Meter on Property

Roof Type Composition

Building

Story 1

Water Meter on Property

Level or Stories 1

Others

Senior Community No

Tax ID 470-112-02-00

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

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Listed by Zachary Plumb, DRE#01983772 HomeSmart Realty West

Nearby School & Business

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Arash Rokni

REALTOR® | CADRE# 02005305

+1(619) 762-0777 | arash@roknigroup.com

San Diego Communities

5065-67 Guava Ave La Mesa, CA 91942

Arash Rokni

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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