5590 5588 Shasta Lane, La Mesa, CA 91942

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Property Description

Ask us how to secure affordable rates on this exceptional newly renovated triplex in a prime location, just one exit from San Diego State University and a short drive to San Diego’s stunning beaches and vibrant downtown. This beautifully updated property currently generates an impressive income of $144,000 per year from tenants, and it comes with approved plans for an additional 1,100 sq. ft. ADU unit, with R3 zoning allowing for up to 20 units with city permitting. Each unit features exquisite finishes by a talented interior designer, private backyards that provide a single-family home feel, individual laundry rooms, high-efficiency appliances, and automated parking gates, all surrounding a spacious courtyard perfect for relaxation and community gatherings. Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. This property boasts low maintenance, no HOA fees, and no rent control, making it an ideal investment in a high-demand rental area. Don’t miss this opportunity—schedule your viewing today.


Interior Features

Laundry Information
Location(s) Common Area, Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Laundry Closet, In Garage, Laundry Room, Outside, Stacked
Bedroom Information
Features Bedroom on Main Level
Bedrooms 5
Bathroom Information
Bathrooms 4
Interior Information
Features Bedroom on Main Level, Main Level Primary
Cooling Type Central Air, Ductless, Dual, Electric, ENERGY STAR Qualified Equipment, Gas, High Efficiency, Wall/Window Unit(s)

Listing Information

Address 5590 5588 Shasta Lane
City La Mesa
State CA
Zip 91942
County San Diego
Listing Agent Madison Khavari DRE #02104934
Courtesy Of Coldwell Banker Realty
List Price $2,250,000
Status Active
Type Residential
Subtype Triplex
Structure Size 2,793
Lot Size 16,117
Year Built 1954

Listing information courtesy of: Madison Khavari, Coldwell Banker Realty. *Based on information from the Association of REALTORS/Multiple Listing as of Nov 3rd, 2024 at 10:17 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.