Open House: Sat, Oct 5th 2:00 PM - 5:00 PM PDT

Active

5590 Shasta Ln

La Mesa CA, 91942

$2,350,000


Active

5 Beds

Multi-family

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 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 Cente

NDP2407831

MLS ID

September 1, 2024

Listed

October 2, 2024

Updated

Map

5590 Shasta Ln
La Mesa CA, 91942

Interior Features

Total Stories

1


Bedrooms

5


Appliances

Range/Oven, Refrigerator, Washer


Fireplace

Yes


Cooling

Yes


Cooling Description

Heat Pump, Zoned


Heating

Yes


Heating Description

Electric, Natural Gas, Combination Heating, Fireplace(s)

Exterior/Building Features

Lot Size

0.37 Acres


Lot Features

Curbs, Sidewalks, Value in Land


Roof

Composition

Other Property Details

Days on Market

36


Garage

Yes


Parking

Garage(Assigned)


View

No


County

San Diego


Pool

No


Pool Features

None

Open House Schedule

Sat, Oct 5th

2:00 PM - 5:00 PM PDT

Sun, Oct 6th

2:00 PM - 5:00 PM PDT

Listed by Coldwell Banker Realty, Alieh Mahdis Khavari,
Listing Contact: 619-433-2826 

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