5206 La Paz Dr, Encanto, CA 92114

$1,100,000
6
BD
3
BA
2,811
SqFt

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List Price
$1,100,000
Status
ACTIVE
Days on Market
30
MLS#
PTP2607678
Subtype
Residential
Year Built
1952
Bedrooms
6
Bathrooms
3
Full Baths
3
Living Area
2,811
Lot Size
6,969
Acres
0.16
MLS Area Major
San Diego Central

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, 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! 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, 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!

Additional Information

Zoning
R-1:SINGLE
Appliances
Refrigerator, Washer, Gas Range
Heating
Forced Air
Air Conditioning
Central Air
Stories
2
Levels
Two
Garage Spaces
2
School District
San Diego Unified School Distric
Elementary School
San Diego Unified School Distric
Middle School
San Diego Unified School Distric
High School
San Diego Unified School Distric
View
Neighborhood

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Calculator source: Real Geeks

Listing courtesy of Listing Agent: David Fletes (619-666-7874) from Listing Office: Compass.

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