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4003 Paula St

La Mesa, CA 91941
  • $1,295,000
  • STATUS: ACTIVE
  • ON SITE: 50 Days
  • ID#: 220011848
UPDATED: 66 min ago
$1,295,000
  • 3
    BEDS
  • 0.14
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,287
    SQFT
  • $1,006
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1970
County:

School Ratings & Info

Description

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. Projected rent for the ADU (which includes exclusive use of the 2 car garage is $3,600/month.

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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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
www.sellsandiego.com/homes/128728949
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4003 Paula St La Mesa, CA 91941

  • Price: $1,295,000
  • Status: ACTIVE
  • On Site: 50 Days
  • Updated: 66 min ago
  • ID#: 220011848
3
Beds
2
Baths
0
½ Baths
0.14
Acres
1,287
SQFT
$1,006
$/SQFT
1970
Built
Neighborhood:
La Mesa
County:
San Diego
Area:
La Mesa (91941)
Property Description
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. Projected rent for the ADU (which includes exclusive use of the 2 car garage is $3,600/month.
Exterior Features

Exclusive Use Yard Yes Exterior Stucco Fencing Full Lot Size 4000-7499 SF Parking Garage Description None Known Parking Non Garage Description Driveway Parking Non Garage Spaces 1 Parking Spaces Total 1 Pool N/K Residential Styles Detached Roof Composition Topography Level

Interior Features

Bath Totals 2 Bedroom2 Dimensions 13X10 Bedroom3 Dimensions 10X10 Bedrooms Total 3 Cooling Central Forced Air Dining Room Dimensions 13X9 Equipment Available DishwasherDryerMicrowaveRange/OvenRefrigeratorWasherFreezerGas Range Family Room Dimensions 17X14 Heat Equipment Forced Air Unit Heat Source Natural Gas Kitchen Dimensions 12X14 Laundry Location Inside Laundry Utilities Gas Living Room Dimensions N/A Master Bedroom Dimensions 17X15 Optional Bedrooms 0 Searchable Rooms Bedroom Entry LevelDining AreaFamily RoomMbr Entry LevelKitchenLiving RoomLaundryWalk-In Closet Stories 1 Story

Property Features

Age Restrictions N/K Architectural Style ContemporaryRanch Association ID San Diego Association Of Realtors (Sdar) Cfd Mello Roos Fee 0.0 Community La Mesa Cross Streets Hoffman Avenue Home Owners Fees 0.0 Mandatory Remarks None Known Market Area East County Monthly Total Fees 0 Other Fees 0.0 Ownership Fee Simple Property Restrictions Known None Known Residential Sub Category Detached Sales Restrictions N/K Sewer Septic Sewer Connected Short Sale No Terms CashConventionalFhaVa Water Meter On Property Zoning R-1:Single

San Diego MLS logo Listing provided courtesy of Compass. Listing information © 2022 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 © 2022 San Diego MLS, Inc. Licensed in the state of California.
 
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Neuman & Neuman Real Estate Inc.
516 5th Avenue
San Diego CA, 92101