4985 Comanche Drive, La Mesa, CA 91942

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Sheila Dadashzadeh

[email protected] +1(858) 375-6785

$1,899,000

Est. payment - /mo

8 Beds

4 Baths

7,336 Sqft Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2502568

Bedrooms 8

HOA Y/N No

Lot Size 7,336 Sqft

Property Sub-Type Res Income 2-4 Units

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 Citys Golden Triangle major employment hub is only 15 milesboth 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
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 Citys Golden Triangle major employment hub is only 15 milesboth 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 La Mesa (91942)

Exterior

Parking Features Unit1:Assigned

Building

Story 2

Lot Size Range 4000-7499 SF

Others

Acceptable Financing Cal Vet, Cash, Conventional, FHA, VA

Space Rent $2,588

Listing Terms Cal Vet, Cash, Conventional, FHA, VA

Financing Assumable

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Listed by Frank Karako • LPT Realty, Inc.

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Sheila Dadashzadeh

+1(858) 375-6785

Agent | CA BRE #01835591

Agent CA BRE #01835591

San Diego Communities

4985 Comanche Drive La Mesa, CA 91942

Sheila Dadashzadeh

Key Details

Location

Exterior

Building

Others

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