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Glen Henderson

glen@phcoronado.com +1(619) 270-1180

$1,100,000

Est. payment - /mo

6 Beds

3 Baths

2,811 SqFt

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Key Details

Property Type Condo

Sub Type All Other Attached

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

Year Built 1952

Lot Size 6,969 Sqft

Property Sub-Type All Other Attached

Property Type All Other Attached

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!

Location

State CA

County San Diego

Zoning R-1:SINGLE

Direction I-805, take the Imperial Avenue exit and head east. Turn right onto Euclid Avenue, then follow local streets to La Paz Drive and continue to 5206 La Paz Dr, San Diego, CA 92114

Interior

Heating Forced Air Unit

Cooling Central Forced Air

Fireplaces Type Electric

Fireplace No

Appliance Refrigerator, Washer, Gas Range

Laundry Gas, Washer Hookup

Exterior

Garage Spaces 2.0

Utilities Available Electricity Connected, Propane

View Y/N Yes

View Neighborhood

Total Parking Spaces 2

Building

Story 2

Sewer Public Sewer

Level or Stories 2

Schools

School District San Diego Unified School Distric

Others

Senior Community No

Tax ID 5484401300

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Special Listing Condition Standard

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

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Listed by David Fletes, DRE#01823637 Compass
Co-listed byNON LISTED OFFICE

Nearby School & Business

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Glen Henderson

+1(619) 270-1180

Broker Associate CA BRE #01384181

Coronado Communities

5206 La Paz Drive San Diego, CA 92114

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Schools

Others

Nearby School & Business

Search All Homes and Condos for Sale in Coronado

Types of Homes for Sale In Coronado:

All Coronado Homes for Sale by MapCondos and Townhomes for Sale in CoronadoSingle Family Homes for Sale in CoronadoMulti-Family Investment Properties for Sale in CoronadoNew Construction in CoronadoRentals in Coronado

Neighborhoods in Coronado

Coronado Cays Homes for SaleCoronado Shores Condos for SaleCoronado Village Homes and Condos for SaleBayfront Homes for SaleOceanview Homes for SaleCountry Club Estates Homes for Sale

Get More Information

All Coronado Homes for Sale by Map
Condos and Townhomes for Sale in Coronado
Single Family Homes for Sale in Coronado
Multi-Family Investment Properties for Sale in Coronado
New Construction in Coronado
Rentals in Coronado

Coronado Cays Homes for Sale
Coronado Shores Condos for Sale
Coronado Village Homes and Condos for Sale
Bayfront Homes for Sale
Oceanview Homes for Sale
Country Club Estates Homes for Sale