5590 5588 Shasta Ln

Description

Exceptional Newly Renovated Triplex in Prime Location Discover this beautifully updated single-story triplex, conveniently located just one exit from San Diego State University and a short drive to San Diego’s stunning beaches and vibrant downtown. Investment Highlights: • Current Income: Generating $12,000/month ($144,000/year) from reliable long-term tenants. • Development Potential: Approved plans for an additional 1,100 sq. ft. ADU unit, with R3 zoning allowing for up to 20 units with city permitting. Property Features: • Fully renovated with exquisite finishes by a talented interior designer. • Each unit boasts private backyards, offering a single-family home feel. • Individual laundry rooms, high-efficiency appliances, and automated parking gates. • Spacious courtyard, perfect for relaxation and community gatherings. Prime Location: Enjoy easy access to Hwy 8, La Mesa Healthcare Center, and Lake Murray Village, with a variety of dining, grocery, and fitness options nearby. Don’t Miss This Opportunity: This property features low maintenance and no HOA fees or rent control, making it an ideal investment in a high-demand rental area. Schedule your viewing today!

Listing information courtesy of: Madison Khavari, Coldwell Banker Realty 619-433-2826. *Based on information from the Association of REALTORS/Multiple Listing as of 10/21/2024 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.