5206 La Paz Drive, San Diego, CA 92114
5206 La Paz Drive, San Diego, CA 92114
5206 La Paz Drive, San Diego, CA 92114
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Glen Henderson

Glen Henderson

+1(619) 889-7646
$1,100,000
Est. payment /mo
6 Beds
3 Baths
2,811 SqFt
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Open House

Sun Oct 18, 12:00pm - 3:00pm

UPDATED:

Key Details

Property Type Condo

Sub Type All Other Attached

Listing Status Active

Purchase Type For Sale

Square Footage 2,811 sqft

Price per Sqft $391

MLS Listing ID PTP2607678

Bedrooms 6

Full Baths 3

Year Built 1952

Lot Size 6,969 Sqft

Property Sub-Type All Other Attached

Type of Financing Cash,Conventional,FHA,VA

Property Type All Other Attached

Property Description

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

Location

State CA

County San Diego

Zoning R-1:SINGLE

Direction I-805, take the Imperial Avenue exit and head east. Turn right onto Euclid Avenue, then follow local streets to La Paz Drive and continue to 5206 La Paz Dr, San Diego, CA 92114

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplaces Type Electric

Fireplace No

Appliance Refrigerator, Washer, Gas Range

Laundry Gas, Washer Hookup

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Propane

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Level or Stories 2

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 5484401300

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607678

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MLS Router / San Diego MLS
Listed by David Fletes, DRE#01823637 Compass 
Co-listed byNON LISTED OFFICE

Nearby School & Business

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Glen Henderson

Glen Henderson

+1(619) 889-7646

Broker Associate CA BRE #01384181

Broker Associate CA BRE #01384181

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