4771 68th Street, La Mesa, CA 91942
Offered at
$1,895,000
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 Mesa’s 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.