CA > La Mesa
La Mesa, CA 91942,4850 Cypress Street
La Mesa, CA 91942,4850 Cypress Street,Video Tour
La Mesa, CA 91942,4850 Cypress Street
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$1,200,000
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3 Beds
6,946 Sqft Lot
Open Sun 12PM-2PM

4850 Cypress Street La Mesa, CA 91942

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Richard Combs

Richard Combs

+1(619) 838-9307

Open House

Sun Oct 19, 12:00pm - 2:00pm

Sat Oct 18, 12:00pm - 2:00pm

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PTP2507815

Bedrooms 3

Lot Size 6,946 Sqft

Lot Dimensions approx 50'x140'

Property Sub-Type Res Income 2-4 Units

Property Description

4850-4852 Cypress St, La Mesa Prime R3 Multi-Unit Investment Opportunity Near La Mesa Village! Unlock the potential of this versatile multi-unit property at 4850-4852 Cypress St, a thoughtfully designed income-generating asset in the heart of La Mesa. With two permitted dwelling units already in place, HERO financed solar panels, and a generous lot primed for expansion, this 1930-built gem offers immediate rental income alongside significant development upside in a highly desirable R3-zoned location. Current Layout and Features: The front house delivers comfortable living with 3 bedrooms and 1 bathroom, ideal for families or long-term tenants. The back house offers a cozy 1 bedroom and 1 bathroom setup, complemented by a spacious living room for added flexibility. Both units are equipped with owned solar panels, providing energy efficiency and cost savings. Outdoor amenities include a relaxing jacuzzi for unwinding and a large storage shed for practical organization. The approximate 50'x140' lot offers ample space for current use and future vision. The Real Value is in Zoning and Location: Situated mere steps from the vibrant La Mesa Village, this property benefits from walkable access to boutique shops, dining, and community events, attracting tenants who value convenience. The R3 zoning is a standout feature, allowing for multi-family development in a neighborhood already featuring 5+ unit apartments just a few properties away on the same side of the street. This prime positioning enhances rental appeal while positioning the site for higher-density redevelopment. SB79 Up

Location

State CA

County San Diego

Zoning Assessor

Direction La Mesa BLVD -> Cypress

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 4947720900

Virtual Tour https://my.matterport.com/show/?m=QsfaMJA1Aud

MLS Router / San Diego MLS
Listed by Kiera Holmes Balboa Realty

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Richard Combs

Richard Combs

Broker | License ID: 01526804

+1(619) 838-9307

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4850 Cypress Street

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