$2,250,000
Beds:
5
Baths:
4
Sqft:
2,411
Sqft lot:
16,117
Acre lot:
0.37
Open House
on Sunday, October 27th 2024 at 2:00pm to 5:00pm -
Property listed by Coldwell Banker Realty, Madison Khavari madison.khavari@cbrealty.com
Status:
Active
Property Type:
Triplex
Year Built:
1954
Days On Website:
14
Description
Ask us how to get affordable rates! 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. Plenty of room to roam in this beautiful property. Currently, the property-generates amazing income 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
Features
Appliances & Equipment
- Dryer
- Washer
Bathrooms
- 4 full bathrooms
- 4 total bathrooms
Bedrooms
- 5 total bedrooms
Building
- Built in 1954
- Levels: One
- Living area: 2411
- 1 story
- Architectural style: PatioHome,Attached
- Common walls: OneCommonWall
Community
- Biking
- Curbs
- DogPark
- Fishing
- Golf
- Hiking
- Lake
- PreservePublicLand
- StreetLights
- Suburban
- Sidewalks
- Urban
- Park
Cooling
- CentralAir
- Ductless
- Dual
- Electric
- EnergyStarQualifiedEquipment
- Gas
- HighEfficiency
- WallWindowUnits
Accessibility Features
- Accessibility features: Parking,AccessibleEntrance
Fireplaces
- Gas
- GasStarter
- GreatRoom
Garage
- 2 spaces
Interior Features
- BedroomOnMainLevel
- MainLevelPrimary
Laundry
- CommonArea
- WasherHookup
- ElectricDryerHookup
- GasDryerHookup
- LaundryCloset
- InGarage
- LaundryRoom
- Outside
- Stacked
Listing
- ListingID: NDP2409158
- Standard status: Active
- 12 days on market
Lot
- 0.37 acres
- 16,117 square feet
- Size: 16,117
- BackYard
- FrontYard
- Garden
- Landscaped
- Level
- NearPark
- SprinklersNone
- ValueInLand
- Yard
Parking
- 4 carport spaces
- 6 open parking spaces
- 12 totals parking
Pool
- None
- Pebble
Property
- Zoning: R3 Triplex
- CityLights
- Courtyard
- Hills
Schools
- High school: Helix
Sewer
- PublicSewer
Property Map
Map View
$2,250,000 - 5590 5588 Shasta Lane, La Mesa, CA 91942
Street View
Directions
5590 5588 Shasta Lane
La Mesa, CA 91942