5590 Shasta Ln, LA MESA, CA

$2,350,000

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5

Beds

4

Baths

0.37

Acres

About 5590 Shasta Ln

Location!Location! Newly renovated Single-Story Triplex (5590 FRNT & REAR and 5588) Centrally located one exit from San Diego State, very walkable to Lake Murray and 10 minutes from San Diego's beautiful beaches & Downtown. Currently, the property-generates, $12,000 per month from long-term, month-to-month tenants. (Current gross Income is $144,000 per year.) There is not one component of this property that has not been redone, from the patios and new windows overlooking huge backyards exquisite finishes put together by a very talented interior designer, this property is a "new build with an old soul". Each home has Private Backyards and low-maintenance. Everything is new, soft closing cabinets with crown molding, under mound sinks, quartz countertops, high-efficiency appliances, automated gates for parking. Individual laundry rooms for each unit. The main house exudes modern elegance, with a spacious courtyard. You really should see to appreciate. Property future life/minimal near future maintenance is very low. Has approved plans to add 1,100 sqft through conversion of courtyard & garages into ADU 2 bedroom unit right-away for additional income. Almost Half of a city block of land, triplex sitting on a generous 16,117 SQ FT flat usable lot. The backyard has four carports, totals 8 car parking spots, offers ample parking and storage. R3 zoning & lot size also allows for development of 5 additional detached (ADU) units, or a maximum of 10-20 consecutive units up to 5 floors through city permitting, an excellent opportunity for future development. Easy access to hwy 8, La Mesa HealthCare Center, Kaiser Medical, SDSU Medical, MTS buses, and Lake Murray Village location is amazing. Enjoy nearby dining, grocery and fitness options, all within a short distance. With no HOA, Mello-Roos, or rent control, this high-demand rental area presents a great opportunity. 1031 exchange welcome. Call or text @ 619-433-2826 or @ 619-452-8248

Features of 5590 Shasta Ln

MLS® # NDP2407831MR
Price $2,350,000
Bedrooms 5
Bathrooms 4.00
Acres 0.37
Year Built 1954
Type Residential Income
Sub-Type Triplex
Style Mediterranean
Status Active

Community Information

Address 5590 Shasta Ln
Area La Mesa
City LA MESA
County San Diego
State CA
Zip Code 91942

Amenities

Amenities Hot Water
Parking Spaces 8
# of Garages 2
Garages Assigned, Auto Driveway Gate, Carport, Driveway, Garage, Oversized, Parking Space, RV Possible, Boat, Deck(s)
View City Lights, Trees/Woods, Back Bay, Landmark
Is Waterfront No
Has Pool No
Pool None

Interior

Appliances Gas/Electric Range, Microwave, Oven-Electric, Oven-Gas, Range, Convection Oven, Self Cleaning Oven
Heating Central, Electric, Heat Pump, Natural Gas, Combination
Cooling Electric, Gas, Heat Pump(s)
Fireplace Yes
Fireplaces Family Room, Gas, Gas Starter, Living Room
# of Stories 1
Has Basement No

Exterior

Exterior Brick, Concrete, Stucco, Other
Windows Double Pane Windows, Window Blinds
Roof Common Roof, Composition, Shingle
Construction Brick, Concrete, Stucco, Other

Additional Information

Date Listed September 1st, 2024
Days on Market 43
Zoning Zoning: R-3:RESTRICTED MULTIPLE Allo...
Foreclosure No
RE / Bank Owned No

Listing Details

AgentAlieh Mahdis Khavari (02104934)
OfficeColdwell Banker Realty

Listing Map

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