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$ 1,149,999
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5065-67 Guava Ave La Mesa, CA 91942
4 Beds
2 Baths
0.68 Acres Lot
Open House
Sat Aug 08, 1:00pm - 3:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Subdivision La Mesa
MLS Listing ID 260019226
Bedrooms 4
Full Baths 2
Year Built 1925
Lot Size 0.679 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
Investor special! Versatile two-unit income-producing property with exceptional future development potential. Situated on an expansive 29,600 sq. ft. lot, this unique property currently features two beautifully updated 2-bedroom, 1-bath residences, each with its own private backyard, full kitchen, and central air conditioning, making them ideal for owner-occupants, multigenerational living, or rental income. Major capital improvements have already been completed, including a new roof, restored foundation, new sewer lateral, and professional exterior landscaping, providing peace of mind for years to come. The property also includes an existing detached two-car garage with building plans completed to convert it into a 1-bedroom ADU, offering an excellent opportunity to further increase rental income and property value. For investors and developers, the possibilities extend even further - a feasibility study has been completed to complete a proposed lot split into three separate parcels, allowing for: one lot for the existing duplex, one lot with a new home and one lot with a new home + ADU. Whether you're looking for a turnkey investment with immediate cash flow, a multigenerational living solution, or a property with significant long-term development upside, this La Mesa property offers a rare combination of existing value and future potential. Buyer to verify all development possibilities, lot split feasibility, ADU potential, and permitting requirements with the City of La Mesa and applicable agencies.
Location
State CA
County San Diego
Area East County
Interior
Heating Forced Air Unit
Cooling Central Forced Air
Fireplace No
Exterior
Fence Partial
Utilities Available Sewer Connected
View Y/N No
Water Access Desc Meter on Property
Roof Type Composition
Building
Story 1
Water Meter on Property
Level or Stories 1
Others
Senior Community No
Tax ID 470-112-02-00
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by Zachary Plumb, DRE#01983772 HomeSmart Realty West