La Mesa, CA 91942,5590 5588 Shasta ln
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La Mesa, CA 91942,5590 5588 Shasta ln
La Mesa, CA 91942,5590 5588 Shasta ln
La Mesa, CA 91942,5590 5588 Shasta ln
La Mesa, CA 91942,5590 5588 Shasta ln
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5590 5588 Shasta ln La Mesa, CA 91942

2,793 SqFt


UPDATED:

10/30/2024 12:59 AM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,793 sqft

Price per Sqft $805

MLS Listing ID NDP2407831

Construction Status Updated/Remodeled,Turnkey

HOA Y/N No

Year Built 1954

Lot Size 0.370 Acres

Lot Dimensions Public Records

Property 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!

Location

State CA

County San Diego

Area 91942 - La Mesa

Building/Complex Name Lake Murray Community Park

Zoning Zoning: R-3:RESTRICTED MU

Rooms

Other Rooms Shed(s)

Ensuite Laundry Laundry Chute, Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Outside, Stacked

Interior

Interior Features Beamed Ceilings, Ceiling Fan(s), Crown Molding, Cathedral Ceiling(s), High Ceilings, Living Room Deck Attached, Multiple Staircases, Open Floorplan, Stone Counters, Recessed Lighting, Storage, Bedroom on Main Level, Main Level Primary, Primary Suite

Laundry Location Laundry Chute,Common Area,Washer Hookup,Electric Dryer Hookup,Gas Dryer Hookup,In Garage,Outside,Stacked

Heating Combination, Central, Ductless, Electric, Fireplace(s), High Efficiency, Heat Pump, Natural Gas

Cooling Ductless, Electric, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Heat Pump, Zoned

Flooring Concrete, Stone, Tile, Vinyl

Fireplaces Type Family Room, Gas, Gas Starter, Living Room

Inclusions 1. Gross Income: $144, 000 2. Gross Rent Multiplier: 16 3. NOI: $129, 408 4. Unit Mix: A) 2-bedroom, 1-bath Home with courtyard/Backyard ($3900 a month) B) 1-bedroom Home with backyard ($2800 a month) C) One large 1-bedroom unit with backyard ($3200 a month) D) Studio with outdoor kitchen ($1900 a month)

Fireplace Yes

Appliance 6 Burner Stove, Built-In Range, Convection Oven, Dishwasher, ENERGY STAR Qualified Appliances, Electric Cooktop, Exhaust Fan, Electric Oven, Electric Range, Free-Standing Range, Gas Cooktop, Disposal, Gas Oven, Gas Range, Ice Maker, Microwave, Refrigerator, Range Hood, Self Cleaning Oven, VentedExhaust Fan, Water To Refrigerator

Laundry Laundry Chute, Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Outside, Stacked

Exterior

Garage Attached Carport, Assigned, Boat, Concrete, Carport, Detached Carport, Driveway, Electric Gate, Garage, Oversized, Deck, RV Potential, One Space

Garage Spaces 2.0

Carport Spaces 4

Garage Description 2.0

Fence New Condition, Privacy, Security, Stucco Wall, Vinyl, Wood

Pool None

Community Features Biking, Curbs, Dog Park, Hiking, Lake, Mountainous, Preserve/Public Land, Street Lights, Sidewalks, Urban, Valley, Water Sports, Fishing, Park

Utilities Available Electricity Connected

Amenities Available Hot Water

Waterfront Description Lake

View Y/N Yes

View Back Bay, City Lights, Landmark, Neighborhood, Trees/Woods

Roof Type Composition,Common Roof,Shingle

Accessibility Safe Emergency Egress from Home, No Stairs, Parking, Accessible Doors

Parking Type Attached Carport, Assigned, Boat, Concrete, Carport, Detached Carport, Driveway, Electric Gate, Garage, Oversized, Deck, RV Potential, One Space

Total Parking Spaces 8

Private Pool No

Building

Lot Description Back Yard, Front Yard, Garden, Landscaped, Level, Near Park, Near Public Transit, Value In Land, Yard

Dwelling Type House,Multi Family,Triplex

Story 1

Entry Level One

Foundation Raised

Sewer Public Sewer

Architectural Style Mediterranean, Ranch, Spanish, Traditional

Level or Stories One

Additional Building Shed(s)

Construction Status Updated/Remodeled,Turnkey

Others

Senior Community No

Tax ID 4642921700

Security Features Closed Circuit Camera(s),Carbon Monoxide Detector(s),Fire Detection System,Security Gate,Smoke Detector(s),Security Lights

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA, VA Loan

Financing Cash,Conventional,FHA,Other

Special Listing Condition Standard


California Regional MLS (CRMLS)
Listed by Madison Khavari • Coldwell Banker Realty • madison.khavari@cbrealty.com

Chuck Lamm

Broker Associate | License ID: 00857151

+1(818) 652-2876

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5590 5588 Shasta ln