Investment Opportunity in the highly sought-after community of La Mesa. This property includes 2 detached homes (including newly constructed ADU). The primary residence is a 3 bed/2 bath fully renovated (in 2021) charming home. The second unit is a fully permitted 1,044 sf 2 bed/2.5 bath detached accessory dwelling unit. This is the dream property for both the investor as well as someone who wants to live in one of the units and rent out the other unit (or even use it as mother-in-law or extended family suite)! The property is ideally located in the City of La Mesa less than 2 miles to the La Mesa Village and 20 minutes from downtown San Diego. SDSU is also less than 4 miles away! 2021 renovations on the primary residence include: Brand new kitchen with island and quartz countertops. New vinyl flooring throughout the home. New appliances include dishwasher and washer dryer units. New ceiling fans, cabinet hardware, lighting, texture, and paint (interior & exterior). Both bathrooms went through full remodels. New doors and sliders to the exterior. Fresh landscaping in the front and the side as well as new fence to secure side yard. New tankless water heater. The primary residence has tenants in place. The newly constructed ADU will obtain its Certificate of Occupancy by June 1, 2022. This home offers a large open floor plan with 2 full on suite bathrooms and a 1/2 bath off of the living area. The home has air conditioning wall units throughout and full height tile in the showers. It is also equipped with solar PV panels on the roof and has its own fully fenced side yard.
Primary residence current tenants pay $2,995/month and on June 1st their rent will increase to $3,294/month. Project rent for the ADU (which includes exclusive use of the 2 car garage is $3,995/month.
Hoffman Avenue
Floor
Type
Size
Other
-
Master Bedroom
17'5.18 m × 15'4.57 m
-
-
Bedroom
13'3.96 m × 10'3.05 m
-
-
Bedroom
10'3.05 m × 10'3.05 m
-
-
Living Room
00 × 00
-
-
Dining Room
13'3.96 m × 9'2.74 m
-
-
Family Room
17'5.18 m × 14'4.27 m
-
-
Kitchen
14'4.27 m × 12'3.66 m
-
Short Sale:
No
Listing Type:
Exclusive Right (R)
Equipment Included:
Dishwasher, Dryer, Microwave, Range/Oven, Refrigerator, Washer, Freezer, Gas Range
Exterior Features:
Stucco
Parcel Number:
474-312-11-00
Heating:
Forced Air Unit
Heating fuel:
Natural Gas
Cooling:
Central Forced Air
Pool:
N/K
Roof:
Composition
Rooms:
Bedroom Entry Level, Dining Area, Family Room, MBR Entry Level, Kitchen, Living Room, Laundry, Walk-In Closet
Data was last updated May 17, 2022 at 07:10 PM (UTC)
Area Statistics
Listings on market:
732
Avg list price:
$725,000
Min list price:
$25,000
Max list price:
$9,995,000
Avg days on market:
41
Min days on market:
3
Max days on market:
1,802
Avg price per sq.ft.:
$466.23
These statistics are generated based on the current listing's property type
and located in
East County. Average values are
derived using median calculations.