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Listed by Kiera Holmes • Balboa Realty
$ 1,200,000
Est. payment /mo
Open 10/19 12PM-2PM
4850 Cypress Street La Mesa, CA 91942
2,196 SqFt
Open House
Sun Oct 19, 12:00pm - 2:00pm
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 2,196 sqft
Price per Sqft $546
MLS Listing ID CRPTP2507815
HOA Y/N No
Year Built 1930
Lot Size 6,946 Sqft
Property Sub-Type Duplex
Source Datashare California Regional
Property Description
4850-4852 Cypress St, La Mesa – Prime R3 Multi-Unit Investment Opportunity Near La Mesa Village! Unlock the potential of this versatile multi-unit property at 4850-4852 Cypress St, a thoughtfully designed income-generating asset in the heart of La Mesa. With two permitted dwelling units already in place, HERO financed solar panels, and a generous lot primed for expansion, this 1930-built gem offers immediate rental income alongside significant development upside in a highly desirable R3-zoned location. Current Layout and Features: The front house delivers comfortable living with 3 bedrooms and 1 bathroom, ideal for families or long-term tenants. The back house offers a cozy 1 bedroom and 1 bathroom setup, complemented by a spacious living room for added flexibility. Both units are equipped with owned solar panels, providing energy efficiency and cost savings. Outdoor amenities include a relaxing jacuzzi for unwinding and a large storage shed for practical organization. The approximate 50'x140' lot offers ample space for current use and future vision. The Real Value is in Zoning and Location: Situated mere steps from the vibrant La Mesa Village, this property benefits from walkable access to boutique shops, dining, and community events, attracting tenants who value convenience.
Location
State CA
County San Diego
Interior
Fireplace No
Laundry Dryer, Gas Dryer Hookup, In Garage, Washer, Other
© 2025 BEAR, CCAR, bridgeMLS. This information is deemed reliable but not verified or guaranteed. This information is being provided by the Bay East MLS or Contra Costa MLS or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website.
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