La Mesa, CA 91942,4985 Comanche DR
La Mesa, CA 91942,4985 Comanche DR
La Mesa, CA 91942,4985 Comanche DR
52
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$1,884,000
Est. payment /mo
8 Beds
4 Baths
2,844 SqFt
Active

4985 Comanche DR La Mesa, CA 91942

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,844 sqft

Price per Sqft $662

MLS Listing ID PTP2502672

Bedrooms 8

Full Baths 4

HOA Y/N No

Year Built 2000

Lot Size 7,335 Sqft

Property Sub-Type Quadruplex

Property Description

DID YOU KNOW? VA Buyers currently approved for approximately $1,000,000+ could likely be approved (due to lower rate & monthly payment) to to take over the lucrative 4.625% ASSUMABLE VA LOAN on this 4-UNIT MULTIFAMILY with very low down/gap required--Inquire for details and specifics of assumption process. Be the envy of every traditional multifamily investor today! Ask about our proven track record getting these assumptions closed quickly and smoothly--it is not as difficult as the internet rumors make it sound. BETTER THAN ZERO DOWN! Enjoy a heavily discounted VA funding fee, NO loan origination fees, and NO lender discount points when assuming. Investment minded buyers love the numbers, potential, & projected returns on this one. Unbeatable returns compared to recent sales!! However, only buyers with full VA entitlement/eligibility to are being considered for the lucrative loan assumption option (multiple offers to assume from non-VA buyers already received and are not being considered at this time--non-VA buyers welcome to offer for cash/new loan). Low maintenance building, highly desirable location, and low operating expenses. Desirable unit mix: 2 of the 4 units are 3BR/1BA each, and 2 of the 4 units are 1BR/1BA. Multiple opportunities to increase NOI & rents with minor value-add improvements AND potential to add 4 additional ADU units (ADU feasibility report available). Onsite community laundry room provides additional income opportunity. Recently renovated units feature quartz countertops, stainless appliances, & premium flooring. Convenient to shopping, multiple light rail stations (green & orange lines), bus stops, & I-8 freeway. Close to San Diego State, Grossmont College, & Grossmont Hospital. Minutes from popular Cowles Mountain & Lake Murray. Less than 15 miles to the beach! Downtown San Diego is only 10 miles & University City's “Golden Triangle” major employment hub is only 15 miles—both of which are conveniently accessed by light rail or multiple freeways. Loan assumptions are easier than ever before and closing in near record times! Effectively go back in time by assuming the current loan at the historically low interest rate and the low gap means you can buy for LESS CLOSING COSTS out of pocket compared to a new VA loan! Profit from substantially expedited principal pay down & lower interest expenses = Exponential revenue growth and internal rate of return.

Location

State CA

County San Diego

Area 91942 - La Mesa

Zoning R-4:MULTIPLE RESIDENTIAL

Rooms

Main Level Bedrooms 4

Interior

Cooling None

Fireplaces Type None

Fireplace No

Laundry Common Area

Exterior

Pool None

Community Features Suburban

View Y/N Yes

View Neighborhood

Total Parking Spaces 6

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 2

Entry Level One,Two

Sewer Public Sewer

Level or Stories One, Two

Schools

School District Grossmont Union

Others

Senior Community No

Tax ID 4700913000

Acceptable Financing Cash, Cash to Existing Loan, Conventional, FHA, Submit, VA Loan

Listing Terms Cash, Cash to Existing Loan, Conventional, FHA, Submit, VA Loan

Special Listing Condition Standard

Virtual Tour https://www.karakogroup.com/info-listing25044985/


CRMLS – RECore
Listed by Frank Karako LPT Realty, Inc.

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agent

Jose A. Hernandez

Real Estate Agent | License ID: 01398219

+1(619) 928-2325

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4985 Comanche DR