Skip To Content

4002 Violet Street

La Mesa, CA 91941
  • $1,198,000
  • STATUS: ACTIVE
  • ON SITE: 114 Days
  • ID#: 240019655
UPDATED: 48 min ago
$1,198,000
  • 5
    BEDS
  • N/A
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,700
    SQFT
  • $444
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1955
County:

School Ratings & Info

Description

This income property offers a fantastic opportunity for both the investor and homeowners looking to generate additional revenue. The property includes two distinct units: a spacious 4-bedroom, 2 bathroom home with spacious rooms, a bonus room that offers space for an office, fitness room, or whatever you need. The family room opens to the formal dining area and galley kitchen. Plus, benefit from a 1 bedroom, 1 bathroom apartment with open wood beam ceiling, a gorgeous kitchen with all the bells and whistles, and a bedroom with a large walk-in closet. The property also features two 2-car garages and 2 solar systems for the entire property to minimize electric bills. Fantastic corner lot location with additional alley access! This setup allows you to live in one unit while renting out the other, covering a portion of your mortgage or generation additional income.

Monthly Payment Calculator

San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/153827532
Print Image

4002 Violet Street La Mesa, CA 91941

  • Price: $1,198,000
  • Status: ACTIVE
  • On Site: 114 Days
  • Updated: 48 min ago
  • ID#: 240019655
5
Beds
3
Baths
0
½ Baths
N/A
Acres
2,700
SQFT
$444
$/SQFT
1955
Built
Neighborhood:
Vista La Mesa
County:
San Diego
Area:
La Mesa (91941)
Property Description
This income property offers a fantastic opportunity for both the investor and homeowners looking to generate additional revenue. The property includes two distinct units: a spacious 4-bedroom, 2 bathroom home with spacious rooms, a bonus room that offers space for an office, fitness room, or whatever you need. The family room opens to the formal dining area and galley kitchen. Plus, benefit from a 1 bedroom, 1 bathroom apartment with open wood beam ceiling, a gorgeous kitchen with all the bells and whistles, and a bedroom with a large walk-in closet. The property also features two 2-car garages and 2 solar systems for the entire property to minimize electric bills. Fantastic corner lot location with additional alley access! This setup allows you to live in one unit while renting out the other, covering a portion of your mortgage or generation additional income.
Exterior Features

Exterior Wood Fencing Partial Roof CompositionOther/Remarks Unit1 Exclusive Use Yard Yes Unit2 Exclusive Use Yard Yes Units With Garages 1 Units With Patios 2

Interior Features

Cooling N/K Furnished Units 0 Half Baths Unit1 0 Half Baths Unit2 0 Stories 2 Story Total Baths Unit1 2 Total Baths Unit2 1 Total Baths Unit3 0 Total Baths Unit4 0 Unit1 Laundry Hook Ups Yes Unit2 Laundry Hook Ups Yes Units With Cooling 0 Units With Dishwashers 2 Units With Dryers 2 Units With Fireplaces 0 Units With Range Oven 2 Units With Refrigerators 2 Units With Washers 2

Property Features

Actual Cap Rate 5.5 Age Restrictions N/K Annual Expense Actual 13916 Association ID San Diego Association of REALTORS (SDAR) Buildings 1 Cfd Mello Roos Fee 0.0 Community LA MESA Complex Park no complex name Cross Streets Hoffman Gross Rent Multiplier Actual 15.0 Gross Scheduled Income Actual 81600 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Other Fees 0.0 Other Income Actual 0 Pets Yes Sales Restrictions N/K Security N/K Short Sale No Tenant Pays Cable TV Terms CashConventionalFHA Unit1 Deposit 2000 Unit1 Occupied Tenant Unit1 Rent Actual 4300.0 Unit2 Deposit 1000 Unit2 Occupied Tenant Unit2 Projected Rent 2600.0 Unit2 Rent Actual 2000.0

San Diego MLS logo Listing provided courtesy of Greg Fox of Keller Williams Realty: 619-840-9400. Listing information © 2024 San Diego MLS Inc. Source: SDMLS
San Diego MLS logo This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego MLS. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Compilation © 2024 San Diego MLS, Inc. Licensed in the state of California.
 
https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_2_240019655-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_2_240019655-2.jpg https://bt-photos.global.ssl.fastly.net/sandiego/1280_boomver_2_240019655-2.jpg
Logo
The Neuman Team
516 5th Avenue
San Diego CA, 92101