San Diego, CA 92114,5206 La Paz Drive
San Diego, CA 92114,5206 La Paz Drive
San Diego, CA 92114,5206 La Paz Drive
$1,035,000
Est. payment /mo
$1,249,000
17.1%
Est.Price: ?

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5 Beds
3 Baths
6,800 Sqft Lot
SOLD DATE : 05/15/2024

Key Details

Sold Price $1,035,000

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Sold

Purchase Type For Sale

Subdivision Encanto

MLS Listing ID SW24046636

Sold Date 05/15/24

Bedrooms 5

HOA Y/N No

Lot Size 6,800 Sqft

Property Description

Welcome to 5206 La Paz Dr., a meticulously renovated single-family home in San Diego, CA 92114, transformed into a permitted three-unit property, designed to maximize your investment potential. This versatile property not only offers a comfortable two-bedroom, one-bathroom main house but also includes two additional two-bedroom, one-bathroom ADUs, providing multiple income streams. Each unit features modern finishes, including quartz countertops and luxury vinyl plank flooring, ensuring tenant satisfaction and maximizing rental value. The recent renovation encompasses essential upgrades such as a new roof and windows, as well as contemporary fixtures throughout, guaranteeing minimal maintenance costs for investors. With a local property management company estimating potential rental income exceeding $8,000 per month, this property promises significant cash flow potential, offering an attractive return on investment. Whether you're a seasoned investor or new to real estate investment, 5206 La Paz Dr. provides an excellent opportunity for passive income generation in one of San Diego's most desirable neighborhoods. Beyond its income-generating capabilities, this property is conveniently located with easy access to amenities, parks, and transportation hubs, enhancing its appeal to potential tenants and ensuring high occupancy rates. Whether you're targeting long-term tenants or short-term rentals, the prime location of 5206 La Paz Dr. guarantees a steady stream of reliable income. Don't miss out on this exceptional opportunity to own a turnkey property strategically designed f
Welcome to 5206 La Paz Dr., a meticulously renovated single-family home in San Diego, CA 92114, transformed into a permitted three-unit property, designed to maximize your investment potential. This versatile property not only offers a comfortable two-bedroom, one-bathroom main house but also includes two additional two-bedroom, one-bathroom ADUs, providing multiple income streams. Each unit features modern finishes, including quartz countertops and luxury vinyl plank flooring, ensuring tenant satisfaction and maximizing rental value. The recent renovation encompasses essential upgrades such as a new roof and windows, as well as contemporary fixtures throughout, guaranteeing minimal maintenance costs for investors. With a local property management company estimating potential rental income exceeding $8,000 per month, this property promises significant cash flow potential, offering an attractive return on investment. Whether you're a seasoned investor or new to real estate investment, 5206 La Paz Dr. provides an excellent opportunity for passive income generation in one of San Diego's most desirable neighborhoods. Beyond its income-generating capabilities, this property is conveniently located with easy access to amenities, parks, and transportation hubs, enhancing its appeal to potential tenants and ensuring high occupancy rates. Whether you're targeting long-term tenants or short-term rentals, the prime location of 5206 La Paz Dr. guarantees a steady stream of reliable income. Don't miss out on this exceptional opportunity to own a turnkey property strategically designed for maximum income potential. Schedule a viewing today and secure your investment in the thriving San Diego real estate market.

Location

State CA

County San Diego

Community Encanto

Area Encanto (92114)

Zoning Assessor

Building

Lot Description Curbs, Sidewalks

Story 2

Lot Size Range 4000-7499 SF

Level or Stories 2 Story

Others

Monthly Total Fees $2

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing VA

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San Diego Regional MLS (SDMLS)
Listed by Blake Cory • eXp Realty of California, Inc.
Bought with David Fletes • Coldwell Banker West
agent-avatar

+1(858) 753-3353

kobezimmerman@bhhscalifornia.com

955 Orange Ave, Coronado, CA, 92118

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