REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,100,000
Est. payment | /mo
6,969 Sqft Lot
$ 1,100,000
Est. payment | /mo
6,969 Sqft Lot
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2607784
Lot Size 6,969 Sqft
Property Sub-Type Res Income 2-4 Units
Property Description
INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!
Location
State CA
County San Diego
Zoning Assessor
Direction From I-805, take the Imperial Avenue exit and head east. Turn right onto Euclid Avenue, then follow local streets to La Paz Driv
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Senior Community No
Tax ID 5484401300
Acceptable Financing Cash, Conventional, FHA, VA
Listing Terms Cash, Conventional, FHA, VA
Listed by David Fletes, DRE#01823637 Compass
Schools and Properties Nearby
Find out why customers are choosing LPT Realty to meet their real estate needs
Learn More About LPT Realty