4771 68Th Street, La Mesa, CA 91942 - Berkshire Hathaway HomeServices California Properties

Better Price, Stronger Numbers, & Now $100K Less! This rare, fully renovated 4-unit property in La Mesa offers great returns and long-term upside. The detached 4BR/2BA single-family home is currently available for lease at $5,300/month. Fully leased, the property delivers pro forma income of $11,162/month or $133,944 annually, with an attractive ~14.1 GRM. Unit Mix: – (1) 4BR/2BA house- pro forma $5,300 – (1) 2BR/1BA – $2,600 – (2) 1BR/1BA – $1,750 and $1,512 The home includes a private yard, pool, and detached 2-car garage with potential for an ADU. All units are updated, separately metered, and easy to maintain. Located in one of La Mesa’s most desirable neighborhoods, with access to SDSU, shopping, freeways, and schools. Zoned R-2 with future potential. A great option for investors or FHA/VA buyers exploring long-term wealth strategies.

Property type: Quadruplex (Multi-Family)

Status: Active

MLS# PT25044811

List price is $1,895,000 Reduced by $100,000 on 5/17/2025

HOA Fee is $0.00

Beds: 0

Baths: 0

Wood Burning fireplaces

Built in 1980

2 stories

0.30 acres

Lot size: 0.3000

Subdivision: La Mesa

County: San Diego

Property style: Mid-Century Modern

Zoning: R2

Construction: Stucco

Interior features: Ceiling Fan(s),Open Floorplan,Solid Surface Counters,Bedroom on Main Level,Main Level Primary

Appliances: Dishwasher,Electric Range,Electric Water Heater,Disposal,Microwave,Refrigerator,Water Heater

Parking description: Circular Driveway,Garage,On Site,Off Street,Oversized,RV Access/Parking

Lot description: Back Yard,Front Yard,Near Public Transit,Rectangular Lot,Sprinkler System,Yard

Heating/cooling: None

Heating description: Wall Furnace

MLS area: 91942 - La Mesa

Last Updated: 5/22/2025

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This listing belongs to the 91942 - La Mesa MLS area

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The style of this listing is Mid-Century Modern.
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Lat/Long: 32.765252, -117.050881.
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Listing Agent: Lynnor Anderson
Co Listing Agent: Lyle Anderson
Lic#: 01234982
Office Name: Mission Viejo

No schools were found in the area

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

Occupancy Type

White/Blue Collar Jobs

Population by Gender

Hispanic/Non-Hispanic Population

Compared to National: