CA > La Mesa
La Mesa, CA 91942,5590 5588 shasta lane
La Mesa, CA 91942,5590 5588 shasta lane
La Mesa, CA 91942,5590 5588 shasta lane
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$2,250,000
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5 BD
4 BA
2,411 SqFt
Price Dropped by $100K

5590 5588 shasta lane La Mesa, CA 91942

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Coldwell Banker West

Coldwell Banker West

+1(619) 737-2126

OPEN HOUSE

Sat Oct 19, 2:00pm - 5:00pm

Sun Oct 20, 2:00pm - 5:00pm

UPDATED:

10/15/2024 12:59 PM

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,411 sqft

Price per Sqft $933

MLS Listing ID NDP2409158

Bedrooms 5

Full Baths 4

HOA Y/N No

Year Built 1954

Lot Size 0.370 Acres

Acres 0.37

Property 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. 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

Location

State CA

County San Diego

Area 91942 - La Mesa

Zoning R3 Triplex

Rooms

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

Interior

Interior Features Bedroom on Main Level, Main Level Primary

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

Cooling Central Air, Ductless, Dual, Electric, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Wall/Window Unit(s)

Fireplaces Type Gas, Gas Starter, Great Room

Fireplace Yes

Appliance Dryer, Washer

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

Exterior

Garage Spaces 2.0

Carport Spaces 4

Garage Description 2.0

Pool None, Pebble

Community Features Biking, Curbs, Dog Park, Fishing, Golf, Hiking, Lake, Preserve/Public Land, Street Lights, Suburban, Sidewalks, Urban, Park

View Y/N Yes

View City Lights, Courtyard, Hills

Accessibility Parking, Accessible Entrance

Attached Garage Yes

Total Parking Spaces 12

Private Pool No

Building

Lot Description Back Yard, Front Yard, Garden, Landscaped, Level, Near Park, Sprinklers None, Value In Land, Yard

Story 1

Entry Level One

Sewer Public Sewer

Architectural Style Patio Home

Level or Stories One

Schools

High Schools Helix

School District Grossmont Union

Others

Senior Community No

Tax ID 4642921700

Acceptable Financing Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Freddie Mac, Lease Option, Trust Deed, USDA Loan, VA Loan

Listing Terms Cash, Conventional, 1031 Exchange, FHA 203(b), FHA 203(k), FHA, Freddie Mac, Lease Option, Trust Deed, USDA Loan, VA Loan

Special Listing Condition Standard

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

GET MORE INFORMATION

Coldwell Banker West

Broker | License ID: 00889834

+1(619) 737-2126

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