50
See all 50 photos
$1,899,000
Est. payment /mo
7,335 Sqft Lot
New
4985 Comanche DR La Mesa, CA 91942
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Key Details
Property Type Multi-Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2502568
HOA Y/N No
Year Built 2000
Lot Size 7,335 Sqft
Property Description
4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY featuring highly desirable location, unit mix, and low maintenance building offer potential to acquire this impressive asset with unique upside. Unit mix includes 2 units @ 3BR/1BA & 2 units @ 1BR/1BA. Multiple opportunities to increase rents with minor value-add improvements AND potential to add up to 4 additional ADU units on this lot (ADU feasibility study completed & available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature highly desirable quartz countertops, stainless appliances, and premium flooring. Convenient to tons of shopping, multiple light rail stations (green and orange lines), bus stops, and I-8 freeway. Close to San Diego State, Grossmont College, and Grossmont Hospital. Minutes from popular Cowles Mountain and Lake Murray and less than 15 miles to the beach! Downtown San Diego is only 10 miles and University City's “Golden Triangle” major employment hub is only 15 miles—both of which are conveniently accessed by light rail in addition to multiple freeway commuting options. Enjoy reduced maintenance and operational expenses. Loan assumptions are easier than ever before and closing in near record times! Inquire for more details on how loan assumptions are dominating this market. Effectively go back in time by assuming the current loan at the historically low interest rate with low gap and profit from substantially expedited principal pay down and lower interest expenses and enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming.
Location
State CA
County San Diego
Area 91942 - La Mesa
Zoning R-4:MULTIPLE RESIDENTIAL
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned, Asphalt, Driveway, On Site, Off Street, See Remarks
Pool None
Community Features Suburban
View Y/N No
Total Parking Spaces 6
Private Pool No
Building
Lot Description Paved, Yard
Story 2
Sewer Public Sewer
Others
Senior Community No
Tax ID 4700913000
Acceptable Financing Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Listing Terms Cash, Conventional, Cal Vet Loan, FHA, VA Loan
Financing Assumed,Cash,Cash to Loan,Conventional,VA
Special Listing Condition Standard
Listed by Frank Karako • LPT Realty, Inc.