Listing Agent: Zachary Plumb      Broker/Office: HomeSmart Realty West
5065 67 Guava Ave La Mesa CA 91942
$ 1,149,999
  4   |    2   |    1650 Sq Feet

Listing ID

#260019232SD

Status

Active

Property Type

Single Family Residence

County

San Diego

Neighborhood

La Mesa

Year Built

1925

Days on website

1

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
Financial Information
List Price:  $ 1149999
Property Features
Appliances:  Dishwasher, Disposal, Microwave, Refrigerator
Construction Materials:  Stucco
Fencing:  Partial
Levels:  One
Parking Features:  Concrete
Roof:  Composition
Senior Community YN:  false
MLS Area Major:  91942 - La Mesa
City:  La Mesa
Senior Community YN:  false
Listed By:   Zachary Plumb   HomeSmart Realty West 
CA Lic#