San Diego, CA 92114,5206 La Paz DR
San Diego, CA 92114,5206 La Paz DR
San Diego, CA 92114,5206 La Paz DR
$1,035,000
Est. payment /mo
$1,249,000
17.1%
Est.Price: ?

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6,799 Sqft Lot
SOLD DATE : 05/15/2024

Key Details

Sold Price $1,035,000

Property Type Multi-Family

Sub Type Duplex

Listing Status Sold

Purchase Type For Sale

Subdivision Encanto

MLS Listing ID SW24046636

Sold Date 05/15/24

HOA Y/N No

Year Built 1952

Lot Size 6,799 Sqft

Property Description

Welcome to 5206 La Paz Dr., a meticulously renovated single-family home in San Diego, CA 92114, transformed into a permitted three-unit property, designed to maximize your investment potential. This versatile property not only offers a comfortable two-bedroom, one-bathroom main house but also includes two additional two-bedroom, one-bathroom ADUs, providing multiple income streams.
Each unit features modern finishes, including quartz countertops and luxury vinyl plank flooring, ensuring tenant satisfaction and maximizing rental value. The recent renovation encompasses essential upgrades such as a new roof and windows, as well as contemporary fixtures throughout, guaranteeing minimal maintenance costs for investors.
With a local property management company estimating potential rental income exceeding $8,000 per month, this property promises significant cash flow potential, offering an attractive return on investment. Whether you're a seasoned investor or new to real estate investment, 5206 La Paz Dr. provides an excellent opportunity for passive income generation in one of San Diego's most desirable neighborhoods.
Beyond its income-generating capabilities, this property is conveniently located with easy access to amenities, parks, and transportation hubs, enhancing its appeal to potential tenants and ensuring high occupancy rates. Whether you're targeting long-term tenants or short-term rentals, the prime location of 5206 La Paz Dr. guarantees a steady stream of reliable income.
Don't miss out on this exceptional opportunity to own a turnkey property strategically designed for maximum income potential. Schedule a viewing today and secure your investment in the thriving San Diego real estate market.

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning RS-1-7

Interior

Interior Features Balcony, Quartz Counters

Fireplace No

Laundry Inside

Exterior

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Street Lights, Suburban, Sidewalks

Total Parking Spaces 2

Private Pool No

Building

Lot Description Back Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 5484401300

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Financing VA

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Blake Cory • eXp Realty of California, Inc. • 951-216-3319
Bought with David Fletes • Coldwell Banker West

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Max Chuong Thai

+1(323) 309-3423

Agent | License ID: 02134406

Agent License ID: 02134406

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