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Scott Greenspan

Greenspan Realty

sgreenspan@greenspanrealty.net +1(310) 936-7270

$ 1,100,000

Est. payment | -/mo

6 Beds

3 Baths

2,811 SqFt

Save Virtual Tour

$ 1,100,000

Est. payment | -/mo

Save Virtual Tour

6 Beds

3 Baths

2,811 SqFt

Open House

Sat Oct 17, 1:00pm - 4:00pm

Sun Oct 18, 12:00pm - 3:00pm

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 2,811 sqft

Price per Sqft $391

MLS Listing ID PTP2607678

Bedrooms 6

Full Baths 3

HOA Y/N No

Year Built 1952

Lot Size 6,969 Sqft

Property Sub-Type Single Family Residence

Property Description

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! Welcome to 5206 La Paz Dr, a versatile property offering exceptional flexibility, multiple living spaces, and impressive rental income potential! Featuring a 3-bedroom, 1-bath main residence, a separate 2-bedroom, 1-bath ADU, and an additional studio with a full bathroom, this property offers three distinct living spaces, each equipped with its own washer and dryer for added convenience and privacy. Previously generating approximately $8,750 per month in combined rental income, this property presents an exciting opportunity for investors looking to expand their portfolio or homeowners interested in offsetting their mortgage with rental income. That's approximately $105,000 in potential annual gross income based on its previous rental performance! Adding even more value are two individual one-car garages, offering additional storage, parking, or potential rental income opportunities. Whether you're looking for a multigenerational living arrangement, a property to accommodate extended family, or an investment with multiple income streams, this property offers outstanding versatility. LIVE IN ONE, RENT THE OTHERS, AND LET YOUR PROPERTY WORK FOR YOU! Opportunities offering this combination of living space, flexibility, and income potential don't come around often. Schedule your private showing today!

Location

State CA

County San Diego

Area 92114 - Encanto

Zoning R-1:SINGLE FAM-RES

Rooms

Main Level Bedrooms 3

Interior

Heating Forced Air

Cooling Central Air

Fireplaces Type Electric

Fireplace Yes

Appliance Gas Range, Refrigerator, Range Hood, Washer

Laundry Washer Hookup, Gas Dryer Hookup, Inside, Laundry Room

Exterior

Exterior Feature Balcony

Garage Spaces 2.0

Garage Description 2.0

Pool None

Community Features Curbs, Near National Forest, Street Lights, Suburban, Sidewalks

Utilities Available Electricity Connected, Propane

View Y/N Yes

View Neighborhood

Porch Balcony

Total Parking Spaces 2

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Level or Stories Two

New Construction No

Schools

School District San Diego Unified

Others

Senior Community No

Tax ID 5484401300

Acceptable Financing Cash, Conventional, FHA, VA Loan

Listing Terms Cash, Conventional, FHA, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.propertypanorama.com/instaview/crmls/PTP2607678

CRMLS Full IDX Feed (MAIN Website Search)

Listed by David Fletes Compass david.fletes1@gmail.com, DRE #01823637

Nearby Locations

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

Scott Greenspan

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA 90275, USA

5206 La Paz DR San Diego, CA 92114

Scott Greenspan

Open House

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

Nearby Locations

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5206 La Paz DR