Property Description
Single Story, beautifully renovated Turnkey Triplex-income property in the sought-after Lake Murray neighborhood near SDSU, Beaches, Downtown. Almost Half a city block flat land, all usable. Very walkable to the lake, Murray Village shopping centers and public transit, this property offers both convenience and luxury. Featuring three Single story luxury homes, each with its own backyard, this property is low-maintenance. The property has been fully renovated, everything is new, soft closing cabinets with crown molding, under mound sinks, quartz countertops, high-efficiency appliances and air conditioning throughout the property. All three units have washer and dryer. Some soundproof walls for privacy, and hot mop waterproofed walk-in showers with beautiful marble. The main house exudes modern elegance, with a spacious courtyard and access to a two-car garage. The backyard has four carports & can accommodate up to seven cars within the gated lot, offering ample parking. Each villa has its own independent backyard and generous storage space, providing privacy and comfort. Currently, the property-generates. $12,000 per month from long-term, month-to-month tenants, with the potential to increase to $14,000 per month through mid-term and short-term rentalsThe master suite is utilized as an Airbnb. Situated on a generous 16,117 SQ FT flat usable lot, this single-story property comes with city approval for a 1,100-square-foot addition ADU, allowing extra income right away. The zoning also permits the development of five additional detached (ADU) accessory dwelling units, or a maximum of thirteen consecutive units through city permitting, an excellent opportunity for future development. With easy access 0.4 miles to hwy 8, La Mesa HealthCare Center, Kaiser Medical, SDSU Medical, MTS buses, and Lake Murray Village. Enjoy nearby dining, grocery and fitness options, all within a short walkable distance. With no HOA, Mello-Roos, or rent control, this high-demand rental area presents a great opportunity. Buyer to cooperate with 1031 exchange . Call or text @ 619-433-2826 or @ 619-452-8248
Features
: No
: Heat Pump, Central, Electric, Natural Gas, Fireplace(s), Combination, Ductless, Highefficiency
: Zoned, Gas, Electric, Energy Star Qualified Equipment, Heat Pump, Ductless, Highefficiency
: City Lights, Neighborhood, Trees/woods, Landmark, Backbay
: Living Room, Family Room, Gas, Gas Starter
: 8
: Garage, Driveway, Boat, Concrete, Oversized, Assigned, Attached Carport, Detached Carport, Carport, Electric Gate, Deck, Rvpotential, Onespace
Address Map
U.S.
California
San Diego
La Mesa
91942
5590 5580 Shasta ln
0
W118° 57' 51.3''
N32° 46' 45.3''
MLS Addon
$0
0 Sqft
: No
: No
5.51
4
8
Highway 8 Exit 11 Lake Murray Blvd Turn right to Lake Murray Blvd, Turn right to Shasta ln .
2
Almost Halfe a city block flat land, all useble.
: No
1
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Residential Income For Sale La Mesa

5590 5580 Shasta ln, La Mesa, San Diego, California, 91942

16,117 Acre
Visits : 2 in 20 days
$2,350,000
Listing ID #NDP2407831
Basic Details
Property Type : Residential Income
Listing Type : For Sale
Listing ID : NDP2407831
Price : $2,350,000
Year Built : 1954
Lot Area : 16,117 Acre
Status : Active
Property Sub Type : Triplex
Agent info
Damian M. Ramirez
Damian M. Ramirez
  • 01974515
  • 1213238
  • PWDAMRA
Broker
Broker
A level-headed and composed professional.  Combat veteran and experienced CEO with the ability to train and motivate staff to meet challenging performance targets and consistently satisfy clients with high-quality service.
Contact Agent
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