4985 Comanche Drive, La Mesa, CA 91942

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Glen Henderson

[email protected] +1(619) 889-7646

$1,899,000

Est. payment - /mo

8 Beds

4 Baths

7,336 Sqft Lot

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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

Type of Financing Cal Vet,Cash,Conventional,FHA,VA

Property Description

4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY offering highly desirable location. Low maintenance building with low operating expenses. Desirable 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 4 additional ADU units (Ask to see the ADU feasibility study). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to tons of shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University Citys Golden Triangle major employment hub is only 15 milesboth of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new loan! Profit from substantially expedited principal pay down & lower interest expenses.
4.625% ASSUMABLE VA LOAN & Low Gap on this 4-UNIT MULTIFAMILY offering highly desirable location. Low maintenance building with low operating expenses. Desirable 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 4 additional ADU units (Ask to see the ADU feasibility study). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to tons of shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University Citys Golden Triangle major employment hub is only 15 milesboth of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new loan! Profit from substantially expedited principal pay down & lower interest expenses.

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

Virtual Tour https://www.karakogroup.com/info-listing25044985/

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Listed by Frank Karako • LPT Realty, Inc.

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

4985 Comanche Drive La Mesa, CA 91942

Glen Henderson

Key Details

Location

Exterior

Building

Others

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