52
See all 52 photos
$1,884,000
Est. payment /mo
8 Beds
4 Baths
Active
4985 Comanche Drive La Mesa, CA 91942
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Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID PTP2502568
Bedrooms 8
Property Sub-Type Res Income 2-4 Units
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 li
Location
State CA
County San Diego
Direction El Cajon Blvd to Comanche Dr
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Level or Stories 2
Others
Tax ID 4700913000
Virtual Tour https://www.karakogroup.com/info-listing25044985/
Listed by Frank Karako LPT Realty, Inc.