5590 5588 Shasta Ln

La Mesa, CA 91942

PRICE REDUCED

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-$100,000 (-4.26%)

$2,250,000

List Price

N/A

bed Beds

shower Baths

N/A sqft

straighten / sqft

1954

calendar_month Built

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!

Listing Information

List Price $2,250,000
Status Active
MLS NDP2407831
HOA $0
Type Residential Income
Subtype Triplex
Year Built 1954
Lot Size 16,117
Structure Size N/A
DOM 52
Courtesy Of Coldwell Banker Realty
Listing Agent Madison Khavari DRE#02104934

Interior Features

Laundry Information
Location(s) Laundry Chute, Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, In Garage, Outside, Stacked
Bedroom Information
Features Bedroom on Main Level
Total Bedroom
Bedrooms N/A
Flooring Information
Material Concrete, Stone, Tile, Vinyl
Fireplace Information
Features Family Room, Gas, Gas Starter, Living Room
Additional Information
Additional 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
Cooling Type
Cooling Type Ductless, Electric, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Heat Pump, Zoned

Exterior Information

Other Structures
Structures Shed(s)
View Yes

Maps

Listing information courtesy of: Madison Khavari, Coldwell Banker Realty 619-433-2826. *Based on information from the Association of REALTORS/Multiple Listing as of Oct 23rd, 2024 at 6:27 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.